SEACOR Marine Holdings Inc (NYSE:SMHI) insider John M. Gellert acquired 50,000 shares of the firm’s stock in a transaction dated Thursday, April 26th. The stock was bought at an average cost of $20.00 per share, for a total transaction of $1,000,000.00. The purchase was disclosed in a document filed with the SEC, which is available through this link.
Shares of NYSE SMHI traded up $0.03 during trading on Thursday, hitting $22.20. The company had a trading volume of 73,987 shares, compared to its average volume of 99,866. The company has a quick ratio of 1.75, a current ratio of 1.79 and a debt-to-equity ratio of 0.57. SEACOR Marine Holdings Inc has a 12 month low of $11.66 and a 12 month high of $30.40.
SEACOR Marine (NYSE:SMHI) last posted its quarterly earnings data on Thursday, March 22nd. The company reported ($1.40) EPS for the quarter. SEACOR Marine had a negative return on equity of 17.35% and a negative net margin of 18.93%. The company had revenue of $49.34 million during the quarter.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Private Management Group Inc. raised its stake in SEACOR Marine by 71.8% during the 4th quarter. Private Management Group Inc. now owns 1,076,624 shares of the company’s stock valued at $12,597,000 after purchasing an additional 449,986 shares during the period. Deutsche Bank AG raised its stake in SEACOR Marine by 325.3% during the 4th quarter. Deutsche Bank AG now owns 294,895 shares of the company’s stock valued at $3,448,000 after purchasing an additional 225,549 shares during the period. WINTON GROUP Ltd raised its stake in SEACOR Marine by 135.8% during the 4th quarter. WINTON GROUP Ltd now owns 282,072 shares of the company’s stock valued at $3,300,000 after purchasing an additional 162,431 shares during the period. Boston Partners raised its stake in SEACOR Marine by 116.1% during the 4th quarter. Boston Partners now owns 156,015 shares of the company’s stock valued at $1,825,000 after purchasing an additional 83,809 shares during the period. Finally, Millennium Management LLC raised its stake in SEACOR Marine by 19.0% during the 4th quarter. Millennium Management LLC now owns 472,925 shares of the company’s stock valued at $5,533,000 after purchasing an additional 75,451 shares during the period. 90.59% of the stock is currently owned by hedge funds and other institutional investors.
About SEACOR Marine
SEACOR Marine Holdings Inc provides marine and support transportation services to offshore oil and natural gas exploration, development, and production facilities worldwide. It operates a fleet of offshore support and specialty vessels that deliver cargo and personnel to offshore installations; handle anchors and mooring equipment required to tether rigs to the seabed; tow rigs and assist in placing them on location and moving them between regions; construction, well work-over, and decommissioning support; and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection, and repair, as well as accommodations for technicians and specialists, safety support, and emergency response services.
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