SEACOR Marine (NYSE:SMHI) CFO Jesus Llorca Sells 4,000 Shares of Stock

SEACOR Marine Holdings Inc. (NYSE:SMHIGet Free Report) CFO Jesús Llorca sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $10.00, for a total transaction of $40,000.00. Following the sale, the chief financial officer owned 382,981 shares of the company’s stock, valued at approximately $3,829,810. The trade was a 1.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Jesus Llorca also recently made the following trade(s):

  • On Friday, August 21st, Jesús Llorca sold 401 shares of SEACOR Marine stock. The shares were sold at an average price of $10.00, for a total transaction of $4,010.00.
  • On Monday, August 17th, Jesús Llorca sold 3,207 shares of SEACOR Marine stock. The shares were sold at an average price of $9.85, for a total transaction of $31,588.95.
  • On Friday, August 14th, Jesús Llorca sold 5,927 shares of SEACOR Marine stock. The stock was sold at an average price of $9.78, for a total transaction of $57,966.06.
  • On Thursday, August 13th, Jesús 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, Jesús Llorca sold 2,840 shares of SEACOR Marine stock. The stock was sold at an average price of $9.76, for a total value of $27,718.40.
  • On Tuesday, August 11th, Jesús Llorca sold 13,054 shares of SEACOR Marine stock. The shares were sold at an average price of $9.79, for a total value of $127,798.66.
  • On Friday, August 7th, Jesús 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, Jesús Llorca sold 60,823 shares of SEACOR Marine stock. The stock was sold at an average price of $9.12, for a total value of $554,705.76.
  • On Wednesday, July 1st, Jesús Llorca sold 1,386 shares of SEACOR Marine stock. The shares were sold at an average price of $8.01, for a total transaction of $11,101.86.
  • On Tuesday, June 30th, Jesús Llorca sold 1,649 shares of SEACOR Marine stock. The shares were sold at an average price of $8.02, for a total transaction of $13,224.98.

SEACOR Marine Price Performance

Shares of SMHI opened at $9.75 on Friday. The firm has a 50-day simple moving average of $8.81 and a two-hundred day simple moving average of $7.91. The stock has a market cap of $264.55 million, a PE ratio of -13.73 and a beta of 1.08. SEACOR Marine Holdings Inc. has a 1-year low of $5.55 and a 1-year high of $10.00. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.38 and a quick ratio of 2.35.

SEACOR Marine (NYSE:SMHIGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of ($1.24) by $1.36. The firm had revenue of $54.63 million during the quarter, compared to analysts’ expectations of $45.60 million. SEACOR Marine had a negative net margin of 8.62% and a negative return on equity of 8.72%. As a group, analysts forecast that SEACOR Marine Holdings Inc. will post -2.02 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of SEACOR Marine in a report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $10.00.

Check Out Our Latest Stock Report on SMHI

Hedge Funds Weigh In On SEACOR Marine

Several institutional investors have recently modified their holdings of the business. BlackRock Inc. acquired a new position in SEACOR Marine during the 2nd quarter worth $12,188,000. Robotti Robert purchased a new position in shares of SEACOR Marine in the 2nd quarter valued at about $5,456,000. Flat Footed LLC acquired a new position in shares of SEACOR Marine during the second quarter worth about $5,230,895. Bank of New York Mellon Corp purchased a new stake in shares of SEACOR Marine during the second quarter worth approximately $402,000. Finally, Bank of America Corp DE acquired a new stake in SEACOR Marine in the second quarter valued at approximately $382,000. Institutional investors and hedge funds own 59.05% of the company’s stock.

SEACOR Marine Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for SEACOR Marine (NYSE:SMHI)

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