Andrew Everett II Sells 63,124 Shares of SEACOR Marine (NYSE:SMHI) Stock

SEACOR Marine Holdings Inc. (NYSE:SMHI) VP Andrew Everett II sold 63,124 shares of the company’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $9.14, for a total value of $576,953.36. Following the completion of the transaction, the vice president owned 206,363 shares in the company, valued at $1,886,157.82. This represents a 23.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

SEACOR Marine Stock Performance

SMHI stock opened at $9.43 on Friday. The firm has a 50 day simple moving average of $7.66 and a 200 day simple moving average of $7.38. The stock has a market cap of $255.70 million, a P/E ratio of -13.27 and a beta of 1.10. SEACOR Marine Holdings Inc. has a 52 week low of $4.70 and a 52 week high of $9.61. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.32 and a current ratio of 2.38.

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

Analyst Ratings Changes

Separately, Weiss Ratings reiterated 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 assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $10.00.

More SEACOR Marine News

Here are the key news stories impacting SEACOR Marine this week:

• Positive Sentiment: B. Riley Securities assigned SEACOR Marine a Buy rating, adding fresh bullish analyst coverage and potentially supporting the stock’s recent momentum. No price target was provided in the report. SEACOR Marine Gets a Buy from B. Riley Securities
• Positive Sentiment: Recent quarterly results materially exceeded expectations: SEACOR Marine reported EPS of $0.12 versus the consensus estimate of a $1.24 loss, while revenue of $54.63 million topped the $45.60 million forecast. The earnings beat is a key reason investors have repriced the shares higher, although the company remains unprofitable on a net-margin and return-on-equity basis.
• Neutral Sentiment: Institutional ownership remains significant at 59.05%. Several investors, including BNP Paribas Financial Markets, Royal Bank of Canada, Tower Research Capital and Raymond James, increased their positions in recent reporting periods. These holdings may provide some institutional support, but the transactions are not necessarily current.
• Negative Sentiment: Multiple executives sold shares following the recent rally. CFO Jesus Llorca sold 60,823 shares for approximately $554,706, CAO Gregory Rossmiller sold 27,741 shares for about $254,108, and VP Andrew Everett II sold a combined 64,761 shares for roughly $592,570. The sales reduced their respective holdings by approximately 12.9%, 10.2% and 24.2%, creating a potential near-term sentiment overhang. SEACOR Marine Insider Trading Activity
• Negative Sentiment: Analyst opinion remains mixed. MarketBeat reports a consensus rating of Hold, with one Buy, one Hold and one Sell rating, while Weiss Ratings reaffirmed a Sell rating. The average target price of $10.00 offers limited upside from recent levels, suggesting valuation and profitability concerns remain.

Institutional Trading of SEACOR Marine

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

About SEACOR Marine

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.