Insider Selling: Oceaneering International (NYSE:OII) Director Sells 9,800 Shares of Stock

Oceaneering International, Inc. (NYSE:OII) Director Karen Beachy sold 9,800 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $37.41, for a total transaction of $366,618.00. Following the completion of the sale, the director owned 22,816 shares of the company’s stock, valued at approximately $853,546.56. This represents a 30.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Oceaneering International Stock Performance

Shares of Oceaneering International stock traded down $0.31 during trading on Thursday, hitting $37.61. 1,160,091 shares of the stock were exchanged, compared to its average volume of 1,291,549. The company has a current ratio of 1.99, a quick ratio of 1.68 and a debt-to-equity ratio of 0.45. The company has a fifty day moving average price of $29.03 and a 200-day moving average price of $25.81. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of 10.75 and a beta of 1.26. Oceaneering International, Inc. has a 1-year low of $15.46 and a 1-year high of $39.00.

Oceaneering International (NYSE:OII) last issued its earnings results on Wednesday, February 18th. The oil and gas company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.01. Oceaneering International had a net margin of 12.71% and a return on equity of 21.58%. The business had revenue of $668.57 million during the quarter, compared to the consensus estimate of $678.16 million. During the same period last year, the business posted $0.37 EPS. Oceaneering International’s revenue was down 6.3% on a year-over-year basis. As a group, equities analysts predict that Oceaneering International, Inc. will post 1.78 EPS for the current fiscal year.

Oceaneering International News Summary

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)

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Zacks Research upgraded Oceaneering International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. Wall Street Zen raised shares of Oceaneering International from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Weiss Ratings raised shares of Oceaneering International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. TD Cowen raised their target price on shares of Oceaneering International from $25.00 to $27.00 and gave the stock a “hold” rating in a research note on Monday, November 3rd. Finally, Barclays lifted their target price on shares of Oceaneering International from $23.00 to $32.00 and gave the stock an “equal weight” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $28.00.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in OII. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Oceaneering International by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,154 shares of the oil and gas company’s stock worth $1,312,000 after buying an additional 2,633 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Oceaneering International by 1.9% in the first quarter. Empowered Funds LLC now owns 120,776 shares of the oil and gas company’s stock valued at $2,634,000 after acquiring an additional 2,310 shares in the last quarter. Strs Ohio bought a new position in Oceaneering International during the first quarter worth about $168,000. State of New Jersey Common Pension Fund D raised its stake in Oceaneering International by 13.3% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 99,181 shares of the oil and gas company’s stock worth $2,055,000 after purchasing an additional 11,607 shares in the last quarter. Finally, Teacher Retirement System of Texas raised its stake in Oceaneering International by 36.4% in the 2nd quarter. Teacher Retirement System of Texas now owns 41,611 shares of the oil and gas company’s stock worth $862,000 after purchasing an additional 11,103 shares in the last quarter. Institutional investors own 93.93% of the company’s stock.

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.