SEACOR Marine Holdings Inc. (NYSE:SMHI – Get Free Report) CFO Jesus Llorca sold 3,207 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $9.85, for a total value of $31,588.95. Following the completion of the transaction, the chief financial officer owned 385,082 shares in the company, valued at approximately $3,793,057.70. The trade was a 0.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.
Jesus Llorca also recently made the following trade(s):
- On Friday, August 14th, Jesus Llorca sold 5,927 shares of SEACOR Marine stock. The shares were sold at an average price of $9.78, for a total value of $57,966.06.
- On Thursday, August 13th, Jesus Llorca sold 1,503 shares of SEACOR Marine stock. The shares were sold at an average price of $9.75, for a total transaction of $14,654.25.
- On Wednesday, August 12th, Jesus Llorca sold 2,840 shares of SEACOR Marine stock. The shares were sold at an average price of $9.76, for a total value of $27,718.40.
- On Tuesday, August 11th, Jesus Llorca sold 13,054 shares of SEACOR Marine stock. The stock was sold at an average price of $9.79, for a total value of $127,798.66.
- On Friday, August 7th, Jesus Llorca sold 205 shares of SEACOR Marine stock. The shares were sold at an average price of $9.75, for a total value of $1,998.75.
- On Thursday, July 30th, Jesus Llorca sold 60,823 shares of SEACOR Marine stock. The stock was sold at an average price of $9.12, for a total transaction of $554,705.76.
- On Wednesday, July 1st, Jesus Llorca sold 1,386 shares of SEACOR Marine stock. The stock was sold at an average price of $8.01, for a total value of $11,101.86.
- On Tuesday, June 30th, Jesus Llorca sold 1,649 shares of SEACOR Marine stock. The stock was sold at an average price of $8.02, for a total transaction of $13,224.98.
- On Monday, June 29th, Jesus Llorca sold 14,461 shares of SEACOR Marine stock. The shares were sold at an average price of $8.03, for a total transaction of $116,121.83.
- On Tuesday, June 23rd, Jesus Llorca sold 11,963 shares of SEACOR Marine stock. The stock was sold at an average price of $7.98, for a total value of $95,464.74.
SEACOR Marine Price Performance
Shares of SEACOR Marine stock opened at $9.79 on Thursday. The business’s 50 day simple moving average is $8.24 and its two-hundred day simple moving average is $7.69. SEACOR Marine Holdings Inc. has a one year low of $5.55 and a one year high of $9.96. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.38 and a quick ratio of 2.35. The stock has a market capitalization of $265.68 million, a P/E ratio of -13.79 and a beta of 1.10.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of SEACOR Marine in a research note on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, SEACOR Marine has an average rating of “Hold” and an average price target of $10.00.
Read Our Latest Stock Report on SEACOR Marine
Hedge Funds Weigh In On SEACOR Marine
A number of large investors have recently bought and sold shares of SMHI. Wellington Management Group LLP increased its stake in shares of SEACOR Marine by 16.9% during the second quarter. Wellington Management Group LLP now owns 22,297 shares of the company’s stock valued at $171,000 after buying an additional 3,223 shares during the period. Empowered Funds LLC purchased a new position in shares of SEACOR Marine in the 2nd quarter valued at approximately $162,000. Bank of America Corp DE purchased a new position in shares of SEACOR Marine in the second quarter worth $382,000. Flat Footed LLC acquired a new stake in SEACOR Marine during the 2nd quarter worth about $5,230,895,000. Finally, Robotti Robert purchased a new stake in SEACOR Marine in the second quarter valued at approximately $5,456,000. Hedge funds and other institutional investors own 59.05% of the company’s stock.
About SEACOR Marine
SEACOR Marine (NYSE:SMHI) is a U.S.-based provider of offshore marine transportation and support services, offering a fleet of platform supply vessels (PSVs), crew transfer vessels, and specialty craft designed for the energy sector. The company serves clients engaged in offshore oil and gas exploration and production, as well as emerging offshore wind and renewable energy projects. Its services include cargo and personnel transfer, subsea support, emergency response, and project logistics.
Formed through the combination of SEACOR Holdings’ offshore marine division and acquired assets from Hornbeck Offshore Services, SEACOR Marine brings together a broad range of technical expertise and vessel capabilities.
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