Insider Selling: Bristow Group (NYSE:VTOL) Director Sells 6,000 Shares of Stock

Bristow Group Inc. (NYSE:VTOL) Director Robert Manzo sold 6,000 shares of Bristow Group stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $38.75, for a total transaction of $232,500.00. Following the sale, the director owned 32,583 shares in the company, valued at $1,262,591.25. This represents a 15.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Bristow Group Stock Down 1.6%

Shares of NYSE VTOL traded down $0.61 during midday trading on Wednesday, reaching $37.88. 210,259 shares of the company’s stock were exchanged, compared to its average volume of 165,711. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.44 and a current ratio of 1.81. Bristow Group Inc. has a 52-week low of $25.11 and a 52-week high of $42.89. The business’s fifty day moving average price is $38.06 and its two-hundred day moving average price is $35.16. The stock has a market capitalization of $1.10 billion, a PE ratio of 9.45 and a beta of 1.34.

Bristow Group (NYSE:VTOL) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.78. Bristow Group had a net margin of 8.24% and a return on equity of 12.86%. The company had revenue of $386.29 million during the quarter, compared to analyst estimates of $400.00 million. Bristow Group has set its FY 2026 guidance at EPS. FY 2025 guidance at EPS.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on VTOL. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Bristow Group in a research note on Wednesday, October 8th. Wall Street Zen upgraded Bristow Group from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of VTOL. Amalgamated Bank lifted its holdings in Bristow Group by 3.7% during the 3rd quarter. Amalgamated Bank now owns 7,253 shares of the company’s stock worth $262,000 after buying an additional 256 shares in the last quarter. Federated Hermes Inc. boosted its holdings in shares of Bristow Group by 74.7% in the first quarter. Federated Hermes Inc. now owns 912 shares of the company’s stock valued at $29,000 after buying an additional 390 shares during the period. Ameritas Investment Partners Inc. lifted its holdings in shares of Bristow Group by 23.7% in the second quarter. Ameritas Investment Partners Inc. now owns 2,905 shares of the company’s stock valued at $96,000 after purchasing an additional 557 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Bristow Group by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,592 shares of the company’s stock worth $461,000 after acquiring an additional 609 shares in the last quarter. Finally, Harbor Capital Advisors Inc. boosted its stake in shares of Bristow Group by 11.7% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 6,380 shares of the company’s stock worth $210,000 after buying an additional 668 shares during the last quarter. 93.29% of the stock is owned by institutional investors and hedge funds.

About Bristow Group

Bristow Group Inc provides vertical flight solutions. The company primarily offers aviation services to integrated, national, and independent offshore energy companies and government agencies. It also provides personnel transportation, search and rescue, medevac, ad hoc helicopter, fixed wing transportation, unmanned systems, and ad-hoc helicopter services, as well as logistical and maintenance support, training services, and flight and maintenance crews.