Oceaneering International, Inc. (NYSE:OII – Get Free Report) Director Paul Murphy, Jr. sold 10,000 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $48.37, for a total value of $483,700.00. Following the sale, the director directly owned 68,916 shares in the company, valued at $3,333,466.92. This represents a 12.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Oceaneering International Stock Performance
Shares of OII stock traded up $2.79 on Monday, hitting $50.76. The company had a trading volume of 750,510 shares, compared to its average volume of 1,182,707. Oceaneering International, Inc. has a twelve month low of $21.03 and a twelve month high of $53.98. The company has a quick ratio of 1.90, a current ratio of 2.18 and a debt-to-equity ratio of 0.42. The firm has a market cap of $5.05 billion, a P/E ratio of 14.59 and a beta of 1.15. The company has a 50-day moving average price of $41.86 and a 200-day moving average price of $37.62.
Institutional Investors Weigh In On Oceaneering International
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Lido Advisors LLC lifted its holdings in shares of Oceaneering International by 2.8% during the fourth quarter. Lido Advisors LLC now owns 12,142 shares of the oil and gas company’s stock worth $299,000 after purchasing an additional 335 shares during the period. State of Alaska Department of Revenue raised its position in 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 lifted its stake 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 worth $359,000 after acquiring an additional 428 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of Oceaneering International by 2.9% in the fourth 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 stake in shares of Oceaneering International by 5.8% during the fourth quarter. State of Wyoming now owns 11,299 shares of the oil and gas company’s stock worth $272,000 after acquiring an additional 621 shares during the period. Hedge funds and other institutional investors own 93.93% of the company’s stock.
Analyst Ratings Changes
View Our Latest Report on Oceaneering International
Oceaneering International Company Profile
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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