SEACOR Marine Holdings Inc (SMHI) Director Sells $385,000.00 in Stock

SEACOR Marine Holdings Inc (NYSE:SMHI) Director Charles Fabrikant sold 20,000 shares of the business’s stock in a transaction on Wednesday, November 21st. The shares were sold at an average price of $19.25, for a total transaction of $385,000.00. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Charles Fabrikant also recently made the following trade(s):

  • On Friday, September 21st, Charles Fabrikant sold 500 shares of SEACOR Marine stock. The shares were sold at an average price of $21.86, for a total transaction of $10,930.00.

Shares of SMHI traded up $0.25 during trading hours on Monday, reaching $19.75. 40,175 shares of the company traded hands, compared to its average volume of 69,926. SEACOR Marine Holdings Inc has a 12-month low of $11.66 and a 12-month high of $26.20. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.99 and a quick ratio of 1.95.

Several institutional investors and hedge funds have recently modified their holdings of SMHI. Acadian Asset Management LLC purchased a new stake in shares of SEACOR Marine during the second quarter valued at $115,000. Engineers Gate Manager LP purchased a new stake in shares of SEACOR Marine during the second quarter valued at $295,000. Robotti Robert boosted its stake in shares of SEACOR Marine by 291.7% during the second quarter. Robotti Robert now owns 201,246 shares of the company’s stock valued at $4,647,000 after purchasing an additional 149,872 shares during the period. BlackRock Inc. boosted its stake in shares of SEACOR Marine by 4.6% during the second quarter. BlackRock Inc. now owns 1,223,067 shares of the company’s stock valued at $28,240,000 after purchasing an additional 54,157 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in SEACOR Marine by 6.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,472,696 shares of the company’s stock worth $34,004,000 after acquiring an additional 89,778 shares during the period. 88.85% of the stock is owned by hedge funds and other institutional investors.

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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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