Oceaneering International (NYSE:OII) SVP Sells $216,323.38 in Stock

Oceaneering International, Inc. (NYSE:OII) SVP Holly Kriendler sold 5,798 shares of the company’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $37.31, for a total transaction of $216,323.38. Following the completion of the transaction, the senior vice president directly owned 24,702 shares in the company, valued at approximately $921,631.62. The trade was a 19.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Holly Kriendler also recently made the following trade(s):

• On Wednesday, February 25th, Holly Kriendler sold 19,007 shares of Oceaneering International stock. The stock was sold at an average price of $37.73, for a total transaction of $717,134.11.

Oceaneering International Trading Down 0.8%

Oceaneering International stock traded down $0.31 during trading hours on Thursday, reaching $37.61. The company had a trading volume of 1,160,091 shares, compared to its average volume of 1,291,549. The firm has a market cap of $3.74 billion, a price-to-earnings ratio of 10.75 and a beta of 1.26. The company has a 50-day moving average price of $29.03 and a 200 day moving average price of $25.81. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.99 and a quick ratio of 1.68. Oceaneering International, Inc. has a 12-month low of $15.46 and a 12-month high of $39.00.

Oceaneering International (NYSE:OII) last posted its quarterly earnings results on Wednesday, February 18th. The oil and gas company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.01. The company had revenue of $668.57 million for the quarter, compared to the consensus estimate of $678.16 million. Oceaneering International had a return on equity of 21.58% and a net margin of 12.71%.The firm’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.37 EPS. Equities analysts forecast that Oceaneering International, Inc. will post 1.78 earnings per share for the current year.

Oceaneering International News Summary

Here are the key news stories impacting Oceaneering International this week:

• Positive Sentiment: Analyst upgrade pushed short-term optimism — OII briefly traded up after an analyst upgrade that cited stronger outlook/valuation support. Oceaneering International (NYSE:OII) Trading Up 6.5% Following Analyst Upgrade
• Positive Sentiment: Barclays published a bullish forecast calling for significant price appreciation, giving longer-term fundamental support for the shares. Barclays Forecasts Strong Price Appreciation for Oceaneering International (NYSE:OII) Stock
• Neutral Sentiment: Market-note: coverage highlighted OII reaching a 52‑week high, reflecting strength in the NYSE composite — a positive momentum signal but not a direct company event. Oceaneering International (NYSE:OII) 52-Week High Reflects Strength In NYSE Composite
• Negative Sentiment: Large insider selling by the COO — Benjamin Laura sold ~38,282 shares across Feb. 25–26 (reducing his stake ~42%), a sizeable disposal that can signal liquidity-taking or raise governance/conviction concerns. Benjamin Laura Form 4 (SEC)
• Negative Sentiment: Multiple senior VPs executed meaningful sales — Earl Childress (~22,518 shares), Holly Kriendler (~24,805 shares across two days), Jennifer Fremont Simons (~10,284), and Christopher Dyer (~6,000) — many cuts reduced individual positions by ~20–39%, adding to downward pressure on sentiment. Earl Childress Form 4 (SEC) — representative
• Negative Sentiment: Director sale: Karen H. Beachy sold 9,800 shares (~30% reduction in her position), another governance/conviction signal that investors interpret negatively. Karen H. Beachy Form 4 (SEC)

Institutional Trading of Oceaneering International

Several institutional investors have recently added to or reduced their stakes in the company. SummerHaven Investment Management LLC purchased a new stake in shares of Oceaneering International during the third quarter valued at $967,000. Essex Investment Management Co. LLC grew its holdings in Oceaneering International by 58.7% during the 3rd quarter. Essex Investment Management Co. LLC now owns 159,261 shares of the oil and gas company’s stock worth $3,946,000 after acquiring an additional 58,925 shares in the last quarter. SG Americas Securities LLC increased its position in Oceaneering International by 1,377.0% during the 3rd quarter. SG Americas Securities LLC now owns 156,547 shares of the oil and gas company’s stock valued at $3,879,000 after purchasing an additional 145,948 shares during the period. CenterBook Partners LP bought a new stake in shares of Oceaneering International in the 3rd quarter valued at about $409,000. Finally, Greenhouse Funds LLLP boosted its stake in shares of Oceaneering International by 9.9% during the second quarter. Greenhouse Funds LLLP now owns 2,491,803 shares of the oil and gas company’s stock valued at $51,630,000 after purchasing an additional 223,724 shares in the last quarter. Institutional investors own 93.93% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Zacks Research upgraded Oceaneering International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. Weiss Ratings upgraded shares of Oceaneering International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Barclays lifted their price target on shares of Oceaneering International from $23.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Monday. TD Cowen increased their target price on Oceaneering International from $25.00 to $27.00 and gave the company a “hold” rating in a report on Monday, November 3rd. Finally, Wall Street Zen upgraded shares of Oceaneering International from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $28.00.

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.