Insider Selling: Bristow Group (NYSE:VTOL) Director Sells 6,000 Shares of Stock

Bristow Group Inc. (NYSE:VTOL) Director Robert Manzo sold 6,000 shares of Bristow Group stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $38.75, for a total value of $232,500.00. Following the transaction, the director owned 32,583 shares of the company’s stock, valued at approximately $1,262,591.25. This represents a 15.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Bristow Group Price Performance

Shares of NYSE:VTOL traded down $0.61 during midday trading on Wednesday, reaching $37.88. 210,259 shares of the company’s stock traded hands, compared to its average volume of 165,711. The company has a market cap of $1.10 billion, a P/E ratio of 9.45 and a beta of 1.34. The company has a fifty day simple moving average of $38.06 and a two-hundred day simple moving average of $35.16. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.44 and a current ratio of 1.81. Bristow Group Inc. has a 1 year low of $25.11 and a 1 year high of $42.89.

Bristow Group (NYSE:VTOL) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $1.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.78. Bristow Group had a return on equity of 12.86% and a net margin of 8.24%.The firm had revenue of $386.29 million for the quarter, compared to analyst estimates of $400.00 million. Bristow Group has set its FY 2026 guidance at EPS. FY 2025 guidance at EPS.

Institutional Investors Weigh In On Bristow Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new stake in shares of Bristow Group during the 2nd quarter valued at $25,000. Federated Hermes Inc. increased its position in Bristow Group by 74.7% during the 1st quarter. Federated Hermes Inc. now owns 912 shares of the company’s stock worth $29,000 after purchasing an additional 390 shares in the last quarter. Strs Ohio acquired a new position in Bristow Group during the first quarter valued at approximately $44,000. CWM LLC grew its stake in Bristow Group by 208.4% during the second quarter. CWM LLC now owns 1,351 shares of the company’s stock worth $45,000 after buying an additional 913 shares during the period. Finally, Banque Transatlantique SA acquired a new stake in shares of Bristow Group in the first quarter worth $73,000. Hedge funds and other institutional investors own 93.29% of the company’s stock.

Wall Street Analyst Weigh In

VTOL has been the subject of a number of recent research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Bristow Group in a report on Wednesday, October 8th. Wall Street Zen raised Bristow Group from a “hold” rating to a “buy” rating in a research report on Sunday, October 19th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

About Bristow Group

Bristow Group Inc provides vertical flight solutions. The company primarily offers aviation services to integrated, national, and independent offshore energy companies and government agencies. It also provides personnel transportation, search and rescue, medevac, ad hoc helicopter, fixed wing transportation, unmanned systems, and ad-hoc helicopter services, as well as logistical and maintenance support, training services, and flight and maintenance crews.