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

SEACOR Marine Holdings Inc. (NYSE:SMHI - Get Free Report) CFO Jesus Llorca sold 1,503 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $9.75, for a total value of $14,654.25. Following the sale, 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 sale was disclosed in a document filed with the SEC, which can be accessed 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 shares were 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 stock was 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 shares were 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 shares were 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 stock was sold at an average price of $7.73, for a total transaction of $111,559.36.

SEACOR Marine Price Performance

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Shares of NYSE SMHI opened at $9.82 on Friday. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.38 and a quick ratio of 2.35. The stock has a market capitalization of $266.47 million, a price-to-earnings ratio of -13.83 and a beta of 1.10. The firm's 50 day simple moving average is $8.09 and its 200-day simple moving average is $7.62. SEACOR Marine Holdings Inc. has a 12 month low of $5.55 and a 12 month high of $9.88.

SEACOR Marine (NYSE:SMHI - Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.24) by $1.36. SEACOR Marine had a negative net margin of 8.62% and a negative return on equity of 8.72%. The firm had revenue of $54.63 million during the quarter, compared to analysts' expectations of $45.60 million. Analysts expect that SEACOR Marine Holdings Inc. will post -2.02 EPS for the current year.

Hedge Funds Weigh In On SEACOR Marine

A number of hedge funds have recently bought and sold shares of SMHI. BlackRock Inc. acquired a new stake in SEACOR Marine in the second quarter valued at approximately $12,188,000. Robotti Robert acquired a new position in shares of SEACOR Marine during the 2nd quarter worth approximately $5,456,000. Flat Footed LLC acquired a new position in shares of SEACOR Marine during the 2nd quarter worth approximately $5,230,895,000. Bank of New York Mellon Corp purchased a new position in shares of SEACOR Marine during the 2nd quarter valued at approximately $402,000. Finally, JPMorgan Chase & Co. lifted its position in shares of 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 buying an additional 29,955 shares in the last quarter. Hedge funds and other institutional investors own 59.05% of the company's stock.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of SEACOR Marine in a report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, SEACOR Marine presently has a consensus rating of "Hold" and an average price target of $10.00.

Check Out Our Latest Stock Analysis on SEACOR Marine

SEACOR Marine Company Profile

(Get Free Report)

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.

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