Oceaneering International (NYSE:OII) COO Sells $1,244,431.76 in Stock

Oceaneering International, Inc. (NYSE:OII) COO Benjamin Laura sold 33,176 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $37.51, for a total transaction of $1,244,431.76. Following the completion of the transaction, the chief operating officer directly owned 45,911 shares of the company’s stock, valued at $1,722,121.61. This represents a 41.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Benjamin Laura also recently made the following trade(s):

• On Thursday, February 26th, Benjamin Laura sold 5,106 shares of Oceaneering International stock. The stock was sold at an average price of $36.88, for a total transaction of $188,309.28.

Oceaneering International Stock Performance

Shares of OII stock opened at $35.50 on Friday. The company has a fifty day moving average price of $29.55 and a two-hundred day moving average price of $26.02. Oceaneering International, Inc. has a one year low of $15.46 and a one year high of $39.00. The stock has a market cap of $3.53 billion, a P/E ratio of 10.14 and a beta of 1.26. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.99 and a quick ratio of 1.68.

Oceaneering International (NYSE:OII) last released its quarterly earnings data on Wednesday, February 18th. The oil and gas company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.01. Oceaneering International had a net margin of 12.71% and a return on equity of 21.58%. The company had revenue of $668.57 million for the quarter, compared to analyst estimates of $678.16 million. During the same period in the previous year, the business earned $0.37 EPS. Oceaneering International’s revenue for the quarter was down 6.3% compared to the same quarter last year. As a group, equities analysts predict that Oceaneering International, Inc. will post 1.78 EPS for the current year.

Key Headlines Impacting Oceaneering International

Here are the key news stories impacting Oceaneering International this week:

• Positive Sentiment: Momentum/technical — OII recently reached a 52‑week high, which can attract momentum traders and institutional interest. Article Title
• Positive Sentiment: Analyst support — several outlets have upgraded or raised outlooks recently and MarketBeat shows a consensus near “Moderate Buy,” giving the stock some fundamental/coverage support. Article Title
• Neutral Sentiment: Mixed quarterly results — Q4 EPS of $0.45 slightly beat consensus ($0.44) but revenue (~$668.6M) missed estimates and declined year‑over‑year, signaling profitability resilience but softer top‑line momentum. Article Title
• Negative Sentiment: Large, concentrated insider selling — multiple senior executives (COO, SVPs) and a director sold sizable blocks on Feb. 25–26 (collectively ~111.7k shares, roughly $4.2M in proceeds), cutting several insiders’ holdings by 20–42%; that typically creates investor concern and near‑term selling pressure. Article Title
• Negative Sentiment: SEC Form 4 confirmations — the sales were reported via Form 4 filings (open‑market transactions, not private block transfers), removing ambiguity about motive and amplifying market reaction. Example filing: COO Benjamin Laura. SEC Form 4

Institutional Trading of Oceaneering International

Hedge funds and other institutional investors have recently bought and sold shares of the business. SummerHaven Investment Management LLC acquired a new position in shares of Oceaneering International in the 3rd quarter valued at approximately $967,000. Essex Investment Management Co. LLC boosted its position in shares of Oceaneering International by 58.7% during the 3rd quarter. Essex Investment Management Co. LLC now owns 159,261 shares of the oil and gas company’s stock worth $3,946,000 after acquiring an additional 58,925 shares in the last quarter. SG Americas Securities LLC increased its stake in Oceaneering International by 1,377.0% in the third quarter. SG Americas Securities LLC now owns 156,547 shares of the oil and gas company’s stock valued at $3,879,000 after acquiring an additional 145,948 shares during the last quarter. CenterBook Partners LP bought a new position in Oceaneering International in the third quarter valued at approximately $409,000. Finally, Greenhouse Funds LLLP raised its position in Oceaneering International by 9.9% during the second quarter. Greenhouse Funds LLLP now owns 2,491,803 shares of the oil and gas company’s stock valued at $51,630,000 after purchasing an additional 223,724 shares in the last quarter. Institutional investors and hedge funds own 93.93% of the company’s stock.

Wall Street Analysts Forecast Growth

OII has been the subject of several research analyst reports. Wall Street Zen downgraded Oceaneering International from a “buy” rating to a “hold” rating in a research note on Sunday. Zacks Research raised Oceaneering International from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. TD Cowen upped their price objective on shares of Oceaneering International from $25.00 to $27.00 and gave the company a “hold” rating in a report on Monday, November 3rd. Weiss Ratings raised shares of Oceaneering International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 23rd. Finally, Barclays raised their target price on shares of Oceaneering International from $23.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $28.00.

About Oceaneering International

Oceaneering International, Inc is a global provider of engineered services and products primarily to the offshore oil and gas industry, as well as to aerospace, defense, and commercial diving markets. The company specializes in remotely operated vehicles (ROVs), subsea intervention, and inspection services designed to support exploration, production and maintenance activities in challenging underwater environments. In addition to ROV operations, Oceaneering offers asset integrity solutions, specialized tooling, and intervention equipment for pipelines, risers, and flowlines.

Founded in 1964 and headquartered in Houston, Texas, Oceaneering has grown through both organic expansion and strategic acquisitions.