Oceaneering International Inc (OII): Stephen P Barrett , Sr. V.P., Subsea Products of Oceaneering International Inc purchased 1,000 shares on Jun 29, 2016. The Insider buying transaction was reported by the company on Jun 29, 2016 to the Securities and Exchange Commission. The shares were purchased at $28.91 per share for a total value of $28,911.02 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 29, 2016, Stephen P Barrett (Sr. V.P., Subsea Products) purchased 1,000 shares at $28.91 per share price.On May 31, 2016, T Jay Collins (director) sold 20,000 shares at $33.05 per share price.Also, On Nov 12, 2015, John R Huff (director) sold 200,000 shares at $44.17 per share price.On Jun 5, 2015, Charles Davison (Sr. V.P., Subsea Products) sold 1,153 shares at $50.01 per share price.
Shares of Oceaneering International (OII) ended Monday, Jun 27, 2016 session in red amid volatile trading. The shares closed down -1.67 points or -5.51% at $28.65 with 14,44,859 shares getting traded. Post opening the session at $29.8, the shares hit an intraday low of $28.53 and an intraday high of $30.18 and the price vacillated in this range throughout the day. The company has a market cap of $2,809 M and the number of outstanding shares has been calculated to be 9,80,59,876 shares. The 52-week high of Oceaneering International is $48.11 and the 52-week low is $25.33.
Company has been under the radar of several Street Analysts.Oceaneering International is Initiated by JP Morgan to Underweight and the brokerage firm has set the Price Target at $23. The Rating was issued on Jun 22, 2016.Oceaneering International is Upgraded by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 36 from a previous price target of $30 .Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on May 20, 2016.Oceaneering International is Reiterated by Cowen to Market Perform and the brokerage firm has raised the Price Target to $ 31 from a previous price target of $25 .The Rating was issued on May 2, 2016.Oceaneering International is Upgraded by Societe Generale to Buy. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Apr 29, 2016.
Oceaneering International Inc. is an oilfield provider of engineered services and products to the offshore oil and gas industry with a focus on deep water applications. The Company’s business segments are contained within two businesses such as services and products provided to the oil and gas industry (Oilfield) and all other services and products (Advanced Technologies). The Company’s four business segments within the Oil and Gas business includes Remotely Operated Vehicles (ROVs) Subsea Products Subsea Projects and Asset Integrity. The Company also provides remote asset management software services. The Company provides services and products such as remotely operated vehicles specialty subsea hardware engineering and project management subsea intervention services including manned diving and asset integrity and non-destructive testing services. The Company’s foreign operations are principally focused in the North Sea Africa Brazil Australia and Asia.