Insider Selling: Oceaneering International (NYSE:OII) SVP Sells 22,518 Shares of Stock

Oceaneering International, Inc. (NYSE:OII) SVP Earl Childress sold 22,518 shares of Oceaneering International stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $37.41, for a total transaction of $842,398.38. Following the completion of the transaction, the senior vice president owned 35,577 shares in the company, valued at approximately $1,330,935.57. The trade was a 38.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Oceaneering International Trading Down 0.8%

NYSE OII traded down $0.31 during trading on Thursday, hitting $37.61. 1,160,091 shares of the company’s stock traded hands, compared to its average volume of 1,291,549. The stock has a fifty day moving average of $29.03 and a two-hundred day moving average of $25.81. Oceaneering International, Inc. has a 12-month low of $15.46 and a 12-month high of $39.00. The firm has a market cap of $3.74 billion, a P/E ratio of 10.75 and a beta of 1.26. 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 (NYSE:OII) last released its quarterly earnings data on Wednesday, February 18th. The oil and gas company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. The firm 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 company’s quarterly revenue was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 earnings per share. As a group, sell-side analysts expect that Oceaneering International, Inc. will post 1.78 EPS for the current year.

More Oceaneering International News

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)

Hedge Funds Weigh In On Oceaneering International

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Lido Advisors LLC raised its stake in Oceaneering International by 2.8% in the fourth quarter. Lido Advisors LLC now owns 12,142 shares of the oil and gas company’s stock worth $299,000 after buying an additional 335 shares in the last quarter. State of Alaska Department of Revenue boosted its position in Oceaneering International by 0.7% during the 4th quarter. State of Alaska Department of Revenue now owns 54,458 shares of the oil and gas company’s stock valued at $1,307,000 after acquiring an additional 380 shares in the last quarter. CSM Advisors LLC grew its holdings in shares of Oceaneering International by 3.1% during the 3rd quarter. CSM Advisors LLC now owns 14,455 shares of the oil and gas company’s stock worth $359,000 after acquiring an additional 428 shares during the period. Smartleaf Asset Management LLC raised its position in shares of Oceaneering International by 15.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the oil and gas company’s stock worth $87,000 after acquiring an additional 469 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of Oceaneering International by 2.9% in the 4th quarter. NewEdge Advisors LLC now owns 19,560 shares of the oil and gas company’s stock valued at $470,000 after purchasing an additional 545 shares during the period. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Wall Street Analysts Forecast Growth

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