Transocean Ltd. (NYSE:RIG – Get Rating) COO Keelan Adamson sold 50,026 shares of the company's stock in a transaction dated Monday, February 13th. The stock was sold at an average price of $7.15, for a total transaction of $357,685.90. Following the sale, the chief operating officer now directly owns 342,549 shares in the company, valued at $2,449,225.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Transocean Trading Down 0.1 %

Transocean stock traded down $0.01 during trading hours on Monday, reaching $7.34. 17,663,807 shares of the company's stock traded hands, compared to its average volume of 26,340,400. The firm has a market capitalization of $5.30 billion, a price-to-earnings ratio of -9.19 and a beta of 2.93. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.38 and a current ratio of 1.64. Transocean Ltd. has a fifty-two week low of $2.32 and a fifty-two week high of $7.60. The firm's 50 day moving average is $5.35 and its 200-day moving average is $4.16.

Institutional Investors Weigh In On Transocean

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in Transocean by 9.4% during the 3rd quarter. Vanguard Group Inc. now owns 60,315,980 shares of the offshore drilling services provider's stock worth $148,981,000 after acquiring an additional 5,165,717 shares during the period. Contrarius Investment Management Ltd boosted its position in shares of Transocean by 12.0% in the 4th quarter. Contrarius Investment Management Ltd now owns 31,021,009 shares of the offshore drilling services provider's stock worth $141,456,000 after purchasing an additional 3,322,606 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Transocean by 9.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 16,712,990 shares of the offshore drilling services provider's stock worth $76,210,000 after purchasing an additional 1,378,583 shares during the period. BlackRock Inc. increased its holdings in Transocean by 15.4% in the first quarter. BlackRock Inc. now owns 14,750,703 shares of the offshore drilling services provider's stock valued at $67,413,000 after purchasing an additional 1,972,278 shares during the last quarter. Finally, Two Sigma Investments LP lifted its stake in Transocean by 28.8% in the third quarter. Two Sigma Investments LP now owns 14,107,523 shares of the offshore drilling services provider's stock valued at $34,846,000 after buying an additional 3,152,134 shares during the period. 55.16% of the stock is owned by institutional investors.

Analyst Ratings Changes

Transocean Company Profile

(Get Rating)

Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. It also owns and operates offshore drilling fleets such as ultra-deepwater, harsh environment, deepwater, and midwater rigs. The company was founded in 1953 and is headquartered in Steinhausen, Switzerland.

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