SEACOR Marine (NYSE:SMHI) CFO Jesus Llorca Sells 1,503 Shares of Stock

SEACOR Marine Holdings Inc. (NYSE:SMHI) CFO Jesus Llorca sold 1,503 shares of SEACOR Marine stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $9.75, for a total transaction of $14,654.25. Following the completion of the transaction, the chief financial officer directly owned 394,216 shares in the company, valued at $3,843,606. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Jesus Llorca also recently made the following trade(s):

• On Friday, August 14th, Jesus Llorca sold 5,927 shares of SEACOR Marine stock. The stock was sold at an average price of $9.78, for a total value of $57,966.06.
• On Wednesday, August 12th, Jesus Llorca sold 2,840 shares of SEACOR Marine stock. The shares were sold at an average price of $9.76, for a total value of $27,718.40.
• On Tuesday, August 11th, Jesus Llorca sold 13,054 shares of SEACOR Marine stock. The stock was sold at an average price of $9.79, for a total value of $127,798.66.
• On Friday, August 7th, Jesus Llorca sold 205 shares of SEACOR Marine stock. The stock was sold at an average price of $9.75, for a total value of $1,998.75.
• On Thursday, July 30th, Jesus Llorca sold 60,823 shares of SEACOR Marine stock. The shares were sold at an average price of $9.12, for a total value of $554,705.76.
• On Wednesday, July 1st, Jesus Llorca sold 1,386 shares of SEACOR Marine stock. The shares were sold at an average price of $8.01, for a total value of $11,101.86.
• On Tuesday, June 30th, Jesus Llorca sold 1,649 shares of SEACOR Marine stock. The stock was sold at an average price of $8.02, for a total value of $13,224.98.
• On Monday, June 29th, Jesus Llorca sold 14,461 shares of SEACOR Marine stock. The stock was sold at an average price of $8.03, for a total value of $116,121.83.
• On Tuesday, June 23rd, Jesus Llorca sold 11,963 shares of SEACOR Marine stock. The stock was sold at an average price of $7.98, for a total value of $95,464.74.
• On Monday, June 22nd, Jesus Llorca sold 14,432 shares of SEACOR Marine stock. The shares were sold at an average price of $7.73, for a total transaction of $111,559.36.

SEACOR Marine Stock Performance

Shares of SEACOR Marine stock opened at $9.82 on Friday. The firm has a market capitalization of $266.47 million, a P/E ratio of -13.83 and a beta of 1.10. The company has a quick ratio of 2.35, a current ratio of 2.38 and a debt-to-equity ratio of 1.15. The company has a 50 day moving average price of $8.09 and a 200 day moving average price of $7.62. SEACOR Marine Holdings Inc. has a 52 week low of $5.55 and a 52 week high of $9.88.

SEACOR Marine (NYSE:SMHI) last released its earnings results on Wednesday, July 29th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of ($1.24) by $1.36. The company had revenue of $54.63 million during the quarter, compared to analysts’ expectations of $45.60 million. SEACOR Marine had a negative net margin of 8.62% and a negative return on equity of 8.72%. Sell-side analysts expect that SEACOR Marine Holdings Inc. will post -2.02 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of SEACOR Marine in a research note on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $10.00.

Institutional Investors Weigh In On SEACOR Marine

Institutional investors and hedge funds have recently modified their holdings of the company. Glenorchy Capital Ltd boosted its position in SEACOR Marine by 2.5% in the second quarter. Glenorchy Capital Ltd now owns 185,232 shares of the company’s stock valued at $945,000 after buying an additional 4,574 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in SEACOR Marine by 289.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 9,962 shares of the company’s stock valued at $51,000 after acquiring an additional 7,406 shares during the period. JPMorgan Chase & Co. lifted its stake in SEACOR Marine by 21.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 171,390 shares of the company’s stock valued at $1,112,000 after acquiring an additional 29,955 shares during the period. BNP Paribas Financial Markets lifted its stake in SEACOR Marine by 75.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,962 shares of the company’s stock valued at $26,000 after acquiring an additional 1,699 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in shares of SEACOR Marine by 197.4% in the 3rd quarter. Raymond James Financial Inc. now owns 15,065 shares of the company’s stock valued at $98,000 after acquiring an additional 10,000 shares during the last quarter. Institutional investors and hedge funds own 59.05% of the company’s stock.

About SEACOR Marine

SEACOR Marine (NYSE:SMHI) is a U.S.-based provider of offshore marine transportation and support services, offering a fleet of platform supply vessels (PSVs), crew transfer vessels, and specialty craft designed for the energy sector. The company serves clients engaged in offshore oil and gas exploration and production, as well as emerging offshore wind and renewable energy projects. Its services include cargo and personnel transfer, subsea support, emergency response, and project logistics.

Formed through the combination of SEACOR Holdings’ offshore marine division and acquired assets from Hornbeck Offshore Services, SEACOR Marine brings together a broad range of technical expertise and vessel capabilities.