Helix Energy Solutions Group Inc (NYSE:HLX) COO Scott Andrew Sparks sold 11,740 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $9.37, for a total value of $110,003.80. Following the transaction, the chief operating officer now directly owns 253,342 shares of the company’s stock, valued at $2,373,814.54. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Helix Energy Solutions Group stock traded up $0.05 during trading hours on Friday, reaching $9.34. 768,922 shares of the company’s stock were exchanged, compared to its average volume of 1,100,125. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.28. The firm’s 50 day simple moving average is $8.67 and its 200 day simple moving average is $8.13. Helix Energy Solutions Group Inc has a twelve month low of $5.05 and a twelve month high of $9.85. The firm has a market capitalization of $1.38 billion, a PE ratio of 49.16, a PEG ratio of 1.04 and a beta of 2.77.

Helix Energy Solutions Group (NYSE:HLX) last issued its quarterly earnings results on Monday, October 21st. The oil and gas company reported $0.21 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.05. Helix Energy Solutions Group had a return on equity of 2.20% and a net margin of 4.88%. The firm had revenue of $212.61 million during the quarter, compared to the consensus estimate of $211.72 million. During the same period last year, the business posted $0.18 EPS. The business’s revenue was up .0% compared to the same quarter last year. Analysts anticipate that Helix Energy Solutions Group Inc will post 0.35 EPS for the current year.

Several research analysts recently issued reports on HLX shares. Zacks Investment Research lowered Helix Energy Solutions Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. ValuEngine lowered Helix Energy Solutions Group from a “hold” rating to a “sell” rating in a research report on Saturday, December 7th. Bank of America reaffirmed a “buy” rating and set a $11.00 target price on shares of Helix Energy Solutions Group in a research report on Tuesday, November 12th. TheStreet raised Helix Energy Solutions Group from a “c+” rating to a “b-” rating in a research report on Monday, November 18th. Finally, Johnson Rice raised Helix Energy Solutions Group from an “accumulate” rating to a “buy” rating in a research report on Monday, November 25th. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $10.38.

A number of institutional investors have recently modified their holdings of HLX. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in Helix Energy Solutions Group during the 2nd quarter worth about $95,000. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Helix Energy Solutions Group in the 3rd quarter valued at about $101,000. Virtu Financial LLC acquired a new stake in shares of Helix Energy Solutions Group in the 3rd quarter valued at about $106,000. First Citizens Bank & Trust Co. grew its stake in shares of Helix Energy Solutions Group by 11.3% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 13,504 shares of the oil and gas company’s stock valued at $109,000 after buying an additional 1,373 shares during the period. Finally, Acadian Asset Management LLC acquired a new stake in shares of Helix Energy Solutions Group in the 2nd quarter valued at about $115,000. Hedge funds and other institutional investors own 94.70% of the company’s stock.

Helix Energy Solutions Group Company Profile

Helix Energy Solutions Group, Inc, an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through three segments: Well Intervention, Robotics, and Production Facilities.

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