Andrew Everett II Sells 1,637 Shares of SEACOR Marine (NYSE:SMHI) Stock

SEACOR Marine Holdings Inc. (NYSE:SMHI) VP Andrew Everett II sold 1,637 shares of SEACOR Marine stock in a transaction on Friday, July 31st. The shares were sold at an average price of $9.54, for a total value of $15,616.98. Following the transaction, the vice president owned 204,726 shares in the company, valued at $1,953,086.04. This represents a 0.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

SEACOR Marine Stock Down 1.2%

NYSE:SMHI opened at $9.43 on Friday. The business’s fifty day moving average price is $7.66 and its 200 day moving average price is $7.38. The firm has a market capitalization of $255.70 million, a price-to-earnings ratio of -13.27 and a beta of 1.10. The company has a current ratio of 2.38, a quick ratio of 2.32 and a debt-to-equity ratio of 1.15. SEACOR Marine Holdings Inc. has a 1-year low of $4.70 and a 1-year high of $9.61.

SEACOR Marine (NYSE:SMHI) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of ($1.24) by $1.36. SEACOR Marine had a negative return on equity of 8.72% and a negative net margin of 8.62%.The firm had revenue of $54.63 million during the quarter, compared to analyst estimates of $45.60 million. On average, sell-side analysts forecast that SEACOR Marine Holdings Inc. will post -2.02 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SEACOR Marine in a research report on Friday, July 17th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $10.00.

SEACOR Marine News Summary

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.

Hedge Funds Weigh In On SEACOR Marine

Institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets lifted its position in shares of SEACOR Marine by 75.1% in the third quarter. BNP Paribas Financial Markets now owns 3,962 shares of the company’s stock worth $26,000 after buying an additional 1,699 shares during the last quarter. Royal Bank of Canada raised its stake in shares of SEACOR Marine by 781.0% in the 1st quarter. Royal Bank of Canada now owns 5,718 shares of the company’s stock valued at $41,000 after acquiring an additional 5,069 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in SEACOR Marine by 289.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 9,962 shares of the company’s stock worth $51,000 after purchasing an additional 7,406 shares during the last quarter. Valeo Financial Advisors LLC acquired a new stake in SEACOR Marine in the 4th quarter worth approximately $60,000. Finally, Raymond James Financial Inc. lifted 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 worth $98,000 after purchasing an additional 10,000 shares during the last quarter. 59.05% of the stock is currently owned by institutional investors.

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.