Benjamin Laura Sells 5,106 Shares of Oceaneering International (NYSE:OII) Stock

Oceaneering International, Inc. (NYSE:OIIGet Free Report) COO Benjamin Laura sold 5,106 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $36.88, for a total value of $188,309.28. Following the transaction, the chief operating officer directly owned 40,805 shares of the company’s stock, valued at $1,504,888.40. This represents a 11.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Benjamin Laura also recently made the following trade(s):

  • On Wednesday, February 25th, Benjamin Laura sold 33,176 shares of Oceaneering International stock. The shares were sold at an average price of $37.51, for a total value of $1,244,431.76.

Oceaneering International Stock Performance

OII opened at $35.50 on Friday. The company has a quick ratio of 1.68, a current ratio of 1.99 and a debt-to-equity ratio of 0.45. The stock’s 50 day moving average price is $29.55 and its two-hundred day moving average price is $25.99. The firm has a market capitalization of $3.53 billion, a P/E ratio of 10.14 and a beta of 1.26. Oceaneering International, Inc. has a 12-month low of $15.46 and a 12-month high of $39.00.

Oceaneering International (NYSE:OIIGet Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The oil and gas company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.01. The company had revenue of $668.57 million during the quarter, compared to analysts’ expectations of $678.16 million. Oceaneering International had a return on equity of 21.58% and a net margin of 12.71%.Oceaneering International’s revenue for the quarter was down 6.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.37 earnings per share. On average, 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: Momentum/technical — OII recently reached a 52‑week high, which can attract momentum traders and institutional interest. Article Title
  • Positive Sentiment: Analyst support — several outlets have upgraded or raised outlooks recently and MarketBeat shows a consensus near “Moderate Buy,” giving the stock some fundamental/coverage support. Article Title
  • Neutral Sentiment: Mixed quarterly results — Q4 EPS of $0.45 slightly beat consensus ($0.44) but revenue (~$668.6M) missed estimates and declined year‑over‑year, signaling profitability resilience but softer top‑line momentum. Article Title
  • Negative Sentiment: Large, concentrated insider selling — multiple senior executives (COO, SVPs) and a director sold sizable blocks on Feb. 25–26 (collectively ~111.7k shares, roughly $4.2M in proceeds), cutting several insiders’ holdings by 20–42%; that typically creates investor concern and near‑term selling pressure. Article Title
  • Negative Sentiment: SEC Form 4 confirmations — the sales were reported via Form 4 filings (open‑market transactions, not private block transfers), removing ambiguity about motive and amplifying market reaction. Example filing: COO Benjamin Laura. SEC Form 4

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Zacks Research upgraded shares of Oceaneering International from a “hold” rating to a “strong-buy” rating in a report 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. TD Cowen boosted their price target on Oceaneering International from $25.00 to $27.00 and gave the company a “hold” rating in a research note on Monday, November 3rd. Barclays upped their price target on Oceaneering International from $23.00 to $32.00 and gave the company an “equal weight” rating in a report on Monday, February 23rd. Finally, Wall Street Zen upgraded Oceaneering International from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $28.00.

Read Our Latest Report on Oceaneering International

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Morgan Stanley Institutional Investment Advisors LLC bought a new position in Oceaneering International during the fourth quarter worth about $94,847,000. Balyasny Asset Management L.P. raised its holdings in shares of Oceaneering International by 916.6% in the 2nd quarter. Balyasny Asset Management L.P. now owns 1,361,917 shares of the oil and gas company’s stock worth $28,219,000 after buying an additional 1,227,950 shares in the last quarter. Brown Advisory Inc. raised its holdings in shares of Oceaneering International by 12.2% in the 2nd quarter. Brown Advisory Inc. now owns 7,345,637 shares of the oil and gas company’s stock worth $152,202,000 after buying an additional 799,718 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Oceaneering International by 94.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 763,907 shares of the oil and gas company’s stock worth $18,930,000 after buying an additional 371,586 shares during the period. Finally, Tudor Investment Corp ET AL boosted its stake in Oceaneering International by 210.8% in the 3rd quarter. Tudor Investment Corp ET AL now owns 491,928 shares of the oil and gas company’s stock valued at $12,190,000 after buying an additional 333,666 shares in the last quarter. Institutional investors and hedge funds own 93.93% of the company’s stock.

About Oceaneering International

(Get Free Report)

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.

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