Insider Selling: Oceaneering International (NYSE:OII) SVP Sells 19,007 Shares of Stock

Oceaneering International, Inc. (NYSE:OII) SVP Holly Kriendler sold 19,007 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $37.73, for a total transaction of $717,134.11. Following the sale, the senior vice president directly owned 30,500 shares in the company, valued at $1,150,765. This trade represents a 38.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Holly Kriendler also recently made the following trade(s):

• On Thursday, February 26th, Holly Kriendler sold 5,798 shares of Oceaneering International stock. The stock was sold at an average price of $37.31, for a total transaction of $216,323.38.

Oceaneering International Stock Down 0.8%

Shares of NYSE:OII traded down $0.31 during midday trading on Thursday, reaching $37.61. The company had a trading volume of 1,160,091 shares, compared to its average volume of 1,291,549. Oceaneering International, Inc. has a 1-year low of $15.46 and a 1-year high of $39.00. The stock has a market cap of $3.74 billion, a PE ratio of 10.75 and a beta of 1.26. The company has a quick ratio of 1.68, a current ratio of 1.99 and a debt-to-equity ratio of 0.45. The business’s 50 day moving average price is $29.03 and its 200 day moving average price is $25.81.

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

Oceaneering International News Roundup

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)

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of OII. Morgan Stanley Institutional Investment Advisors LLC acquired a new stake in Oceaneering International during the fourth quarter worth approximately $94,847,000. Balyasny Asset Management L.P. increased its stake in shares of Oceaneering International by 916.6% during the second quarter. Balyasny Asset Management L.P. now owns 1,361,917 shares of the oil and gas company’s stock worth $28,219,000 after purchasing an additional 1,227,950 shares during the period. Brown Advisory Inc. increased its stake in shares of Oceaneering International by 12.2% during the second quarter. Brown Advisory Inc. now owns 7,345,637 shares of the oil and gas company’s stock worth $152,202,000 after purchasing an additional 799,718 shares during the period. JPMorgan Chase & Co. lifted its holdings in Oceaneering International by 94.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 763,907 shares of the oil and gas company’s stock worth $18,930,000 after purchasing an additional 371,586 shares during the last quarter. Finally, Tudor Investment Corp ET AL boosted its stake in Oceaneering International by 210.8% in the 3rd quarter. Tudor Investment Corp ET AL now owns 491,928 shares of the oil and gas company’s stock valued at $12,190,000 after purchasing an additional 333,666 shares during the period. 93.93% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

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.