Oceaneering International (NYSE:OII) SVP Christopher Dyer Sells 1,200 Shares of Stock

Oceaneering International, Inc. (NYSE:OIIGet Free Report) SVP Christopher Dyer sold 1,200 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $47.65, for a total transaction of $57,180.00. Following the completion of the transaction, the senior vice president owned 14,702 shares of the company’s stock, valued at $700,550.30. This trade represents a 7.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Oceaneering International Stock Up 2.4%

Shares of OII stock traded up $1.13 during trading hours on Friday, hitting $48.77. 729,854 shares of the company were exchanged, compared to its average volume of 1,197,913. Oceaneering International, Inc. has a 52 week low of $20.79 and a 52 week high of $53.98. The company has a current ratio of 2.18, a quick ratio of 1.90 and a debt-to-equity ratio of 0.42. The business has a 50 day moving average of $40.63 and a two-hundred day moving average of $36.70. The company has a market capitalization of $4.85 billion, a PE ratio of 14.01 and a beta of 1.15.

Analyst Ratings Changes

OII has been the subject of a number of research reports. Citigroup increased their target price on Oceaneering International from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday, June 18th. Wall Street Zen upgraded Oceaneering International from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. Weiss Ratings raised Oceaneering International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday. Barclays increased their price objective on Oceaneering International from $39.00 to $47.00 and gave the stock an “equal weight” rating in a report on Monday. Finally, TD Cowen lifted their target price on Oceaneering International from $34.00 to $36.00 and gave the company a “hold” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $41.00.

Read Our Latest Stock Report on OII

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Lido Advisors LLC lifted its position in Oceaneering International by 2.8% during the 4th quarter. Lido Advisors LLC now owns 12,142 shares of the oil and gas company’s stock worth $299,000 after buying an additional 335 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in shares of Oceaneering International by 0.7% during the 4th quarter. State of Alaska Department of Revenue now owns 54,458 shares of the oil and gas company’s stock worth $1,307,000 after buying an additional 380 shares during the last quarter. CSM Advisors LLC grew its holdings in shares of Oceaneering International by 3.1% in the 3rd quarter. CSM Advisors LLC now owns 14,455 shares of the oil and gas company’s stock valued at $359,000 after acquiring an additional 428 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Oceaneering International by 2.9% in the 4th quarter. NewEdge Advisors LLC now owns 19,560 shares of the oil and gas company’s stock valued at $470,000 after acquiring an additional 545 shares in the last quarter. Finally, State of Wyoming increased its position in shares of Oceaneering International by 5.8% in the fourth quarter. State of Wyoming now owns 11,299 shares of the oil and gas company’s stock valued at $272,000 after acquiring an additional 621 shares during the last quarter. Institutional investors and hedge funds own 93.93% of the company’s stock.

About Oceaneering International

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Oceaneering International (NYSE:OII)

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