Rep. Lisa C. McClain Purchases Shares of Transocean Ltd. (NYSE:RIG)

Posted by George Bondi on Oct 15th, 2026

Representative Lisa C. McClain (Republican-Michigan) recently bought shares of Transocean Ltd. (NYSE:RIG). In a filing disclosed on October 12th, the Representative disclosed that they had bought between $15,001 and $50,000 in Transocean stock on September 14th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K (HANTZ) > SCHWAB 824” account.

Representative Lisa C. McClain also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/30/2026.
Purchased $1,001 – $15,000 in shares of ImmunityBio (NASDAQ:IBRX) on 9/30/2026.
Sold $15,001 – $50,000 in shares of Seagate Technology (NASDAQ:STX) on 9/30/2026.
Purchased $1,001 – $15,000 in shares of Caterpillar (NYSE:CAT) on 9/28/2026.
Purchased $1,001 – $15,000 in shares of ImmunityBio (NASDAQ:IBRX) on 9/28/2026.
Purchased $15,001 – $50,000 in shares of Olin (NYSE:OLN) on 9/14/2026.
Purchased $1,001 – $15,000 in shares of Novagold Resources (NYSEAMERICAN:NG) on 9/14/2026.
Purchased $15,001 – $50,000 in shares of CACI International (NYSE:CACI) on 9/14/2026.

Transocean Stock Performance

RIG opened at $5.58 on Thursday. The company has a quick ratio of 1.27, a current ratio of 1.59 and a debt-to-equity ratio of 0.56. The company has a market cap of $6.23 billion, a price-to-earnings ratio of -2.97, a PEG ratio of 4.18 and a beta of 1.41. Transocean Ltd. has a 52-week low of $3.14 and a 52-week high of $7.66. The firm’s fifty day simple moving average is $5.63 and its two-hundred day simple moving average is $5.83.

Transocean (NYSE:RIG – Get Free Report) last announced its earnings results on Wednesday, August 5th. The offshore drilling services provider reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.02. The business had revenue of $966.00 million for the quarter, compared to analyst estimates of $956.64 million. Transocean had a negative net margin of 40.24% and a positive return on equity of 2.60%. The company’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter last year, the business earned ($1.06) earnings per share. Equities analysts anticipate that Transocean Ltd. will post 0.18 earnings per share for the current fiscal year.

Analysts Set New Price Targets

RIG has been the subject of several research reports. Zacks Research upgraded Transocean from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 5th. Susquehanna lowered their price target on Transocean from $8.00 to $7.00 and set a “positive” rating on the stock in a research note on Wednesday, July 8th. Barclays dropped their price target on Transocean from $8.00 to $7.00 and set an “overweight” rating for the company in a research report on Wednesday, August 12th. Fearnley Fonds upgraded Transocean from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Transocean in a research note on Friday, July 17th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Transocean currently has an average rating of “Hold” and an average target price of $6.68.

Read Our Latest Stock Analysis on Transocean

Institutional Trading of Transocean

A number of hedge funds have recently bought and sold shares of RIG. Assenagon Asset Management S.A. acquired a new position in Transocean during the second quarter worth $37,477,000. Elliott Investment Management L.P. purchased a new stake in Transocean in the 1st quarter valued at $103,606,000. Arlington Capital Management Inc. acquired a new stake in shares of Transocean in the 2nd quarter worth $2,613,000. Ninepoint Partners LP acquired a new stake in shares of Transocean in the 2nd quarter worth $34,230,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of Transocean by 12.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 48,819,576 shares of the offshore drilling services provider’s stock worth $323,682,000 after acquiring an additional 5,349,264 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Transocean

(Get Free Report)

Transocean Ltd. is an offshore contract drilling company that provides drilling services to the international oil and gas industry. The company operates a fleet of mobile offshore drilling units, including ultra-deepwater and harsh-environment drillships and semisubmersible rigs, which are contracted by energy companies to drill exploration, appraisal and development wells.

Transocean’s services support offshore drilling programs in challenging environments around the world. Its operations have included activity in the Gulf of Mexico, Brazil, the North Sea, West Africa and other major offshore regions.