Jesus Llorca Sells 3,207 Shares of SEACOR Marine (NYSE:SMHI) Stock

SEACOR Marine Holdings Inc. (NYSE:SMHI) CFO Jesus Llorca sold 3,207 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $9.85, for a total transaction of $31,588.95. Following the transaction, the chief financial officer directly owned 385,082 shares in the company, valued at approximately $3,793,057.70. The trade was a 0.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Friday, August 14th, Jesus Llorca sold 5,927 shares of SEACOR Marine stock. The shares were sold at an average price of $9.78, for a total transaction of $57,966.06.
• On Thursday, August 13th, Jesus Llorca sold 1,503 shares of SEACOR Marine stock. The stock was sold at an average price of $9.75, for a total transaction of $14,654.25.
• On Wednesday, August 12th, Jesus Llorca sold 2,840 shares of SEACOR Marine stock. The stock was sold at an average price of $9.76, for a total transaction of $27,718.40.
• On Tuesday, August 11th, Jesus Llorca sold 13,054 shares of SEACOR Marine stock. The shares were sold at an average price of $9.79, for a total transaction of $127,798.66.
• On Friday, August 7th, Jesus Llorca sold 205 shares of SEACOR Marine stock. The stock was sold at an average price of $9.75, for a total value of $1,998.75.
• On Thursday, July 30th, Jesus 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, Jesus Llorca sold 1,386 shares of SEACOR Marine stock. The shares were sold at an average price of $8.01, for a total value of $11,101.86.
• On Tuesday, June 30th, Jesus Llorca sold 1,649 shares of SEACOR Marine stock. The shares were sold at an average price of $8.02, for a total value of $13,224.98.
• On Monday, June 29th, Jesus Llorca sold 14,461 shares of SEACOR Marine stock. The stock was sold at an average price of $8.03, for a total value of $116,121.83.
• On Tuesday, June 23rd, Jesus Llorca sold 11,963 shares of SEACOR Marine stock. The stock was sold at an average price of $7.98, for a total value of $95,464.74.

SEACOR Marine Stock Up 0.2%

Shares of SMHI opened at $9.80 on Friday. The stock has a 50 day moving average price of $8.29 and a 200 day moving average price of $7.71. SEACOR Marine Holdings Inc. has a one year low of $5.55 and a one year high of $9.96. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.35 and a current ratio of 2.38. The stock has a market capitalization of $265.90 million, a price-to-earnings ratio of -13.80 and a beta of 1.10.

SEACOR Marine (NYSE:SMHI) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of ($1.24) by $1.36. SEACOR Marine had a negative return on equity of 8.72% and a negative net margin of 8.62%.The company had revenue of $54.63 million for the quarter, compared to analyst estimates of $45.60 million. Equities research analysts forecast that SEACOR Marine Holdings Inc. will post -2.02 earnings per share for the current fiscal year.

Hedge Funds Weigh In On SEACOR Marine

A number of institutional investors have recently added to or reduced their stakes in SMHI. Robotti Robert acquired a new stake in shares of SEACOR Marine in the 2nd quarter worth $5,456,000. Empowered Funds LLC acquired a new position in shares of SEACOR Marine during the 2nd quarter valued at about $162,000. Flat Footed LLC acquired a new position in shares of SEACOR Marine during the 2nd quarter valued at about $5,230,895,000. BlackRock Inc. purchased a new stake in shares of SEACOR Marine in the second quarter valued at about $12,188,000. Finally, Deutsche Bank AG purchased a new stake in shares of SEACOR Marine in the second quarter valued at about $166,000. Hedge funds and other institutional investors own 59.05% of the company’s stock.

Wall Street Analysts Forecast Growth

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

SEACOR Marine Company Profile

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.