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

SEACOR Marine Holdings Inc. (NYSE:SMHIGet Free Report) CFO Jesús Llorca sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $10.00, for a total value of $40,000.00. Following the transaction, the chief financial officer directly owned 382,981 shares in the company, valued at $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 can be accessed 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 stock was 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 shares were 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 stock was 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 transaction of $27,718.40.
  • On Tuesday, August 11th, Jesús Llorca sold 13,054 shares of SEACOR Marine stock. The stock was sold at an average price of $9.79, for a total transaction 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 transaction of $1,998.75.
  • On Thursday, July 30th, Jesús Llorca sold 60,823 shares of SEACOR Marine stock. The shares were sold at an average price of $9.12, for a total transaction of $554,705.76.
  • On Wednesday, July 1st, Jesús Llorca sold 1,386 shares of SEACOR Marine stock. The stock was 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 stock was sold at an average price of $8.02, for a total value of $13,224.98.

SEACOR Marine Trading Up 0.1%

Shares of NYSE:SMHI opened at $9.75 on Friday. SEACOR Marine Holdings Inc. has a 12-month low of $5.55 and a 12-month high of $10.00. The business has a 50 day moving average of $8.81 and a 200-day moving average of $7.91. The company has a quick ratio of 2.35, a current ratio of 2.38 and a debt-to-equity ratio of 1.15. The stock has a market cap of $264.52 million, a PE ratio of -13.73 and a beta of 1.08.

SEACOR Marine (NYSE:SMHIGet Free Report) last announced its earnings results 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 company had revenue of $54.63 million for the quarter, compared to analyst estimates of $45.60 million. SEACOR Marine had a negative return on equity of 8.72% and a negative net margin of 8.62%. As a group, equities research analysts forecast that SEACOR Marine Holdings Inc. will post -2.02 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued 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 issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $10.00.

Read Our Latest Stock Report on SEACOR Marine

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets increased its holdings in shares of SEACOR Marine by 75.1% during the third quarter. BNP Paribas Financial Markets now owns 3,962 shares of the company’s stock worth $26,000 after purchasing an additional 1,699 shares during the period. Royal Bank of Canada raised its position in shares of SEACOR Marine by 781.0% in the first quarter. Royal Bank of Canada now owns 5,718 shares of the company’s stock valued at $41,000 after buying an additional 5,069 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of SEACOR Marine by 289.7% in the second quarter. Tower Research Capital LLC TRC now owns 9,962 shares of the company’s stock valued at $51,000 after buying an additional 7,406 shares during the period. Valeo Financial Advisors LLC bought a new stake in shares of SEACOR Marine in the fourth quarter valued at approximately $60,000. Finally, Raymond James Financial Inc. grew its position in SEACOR Marine by 197.4% during the third quarter. Raymond James Financial Inc. now owns 15,065 shares of the company’s stock worth $98,000 after buying an additional 10,000 shares in the last quarter. Institutional investors and hedge funds own 59.05% of the company’s stock.

About SEACOR Marine

(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.

Further Reading

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

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