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Insider Transactions
| Name | Transaction Date | Sold / Bought | Shares | Price | Value |
|---|---|---|---|---|---|
| Mackenzie Roderick James | Nov 22, 2024 | Sell | 37,261 | $4.38 | $160,000 |
| Mackenzie Roderick James | Nov 18, 2024 | Sell | 20,000 | $4.29 | $86,000 |
| Perestroika | Sep 12, 2024 | Buy | 1,500,000 | $4.13 | $6.2M |
| Perestroika (Cyprus) Ltd | Sep 12, 2024 | Buy | 1,500,000 | $4.13 | $6.2M |
| Mohn Frederik Wilhelm | Sep 12, 2024 | Buy | 1,500,000 | $4.13 | $6.2M |
| Perestroika (Cyprus) Ltd | Aug 2, 2024 | Buy | 2,000,000 | $5.23 | $10M |
| Perestroika | Aug 2, 2024 | Buy | 2,000,000 | $5.23 | $10M |
| Mohn Frederik Wilhelm | Aug 2, 2024 | Buy | 2,000,000 | $5.23 | $10M |
| Perestroika (Cyprus) Ltd | May 15, 2024 | Buy | 2,000,000 | $6.01 | $12M |
| Perestroika | May 15, 2024 | Buy | 2,000,000 | $6.01 | $12M |
| Mohn Frederik Wilhelm | May 15, 2024 | Buy | 2,000,000 | $6.01 | $12M |
| Perestroika (Cyprus) Ltd | Feb 27, 2024 | Buy | 1,000,000 | $4.89 | $4.9M |
| Perestroika | Feb 27, 2024 | Buy | 1,000,000 | $4.89 | $4.9M |
| Mohn Frederik Wilhelm | Feb 27, 2024 | Buy | 1,000,000 | $4.89 | $4.9M |
| Perestroika (Cyprus) Ltd | Sep 15, 2023 | Buy | 1,978,396 | $0 | $0 |
| Perestroika | Sep 15, 2023 | Buy | 1,978,396 | $0 | $0 |
| Mohn Frederik Wilhelm | Sep 15, 2023 | Buy | 1,978,396 | $0 | $0 |
| Tonnel David A | Aug 31, 2023 | Sell | 57,259 | $8.22 | $470,000 |
| Mey Mark-Anthony Lovell | Aug 3, 2023 | Sell | 396,170 | $8.5 | $3.4M |
| Tonnel David A | Jul 18, 2023 | Sell | 1,754 | $8.76 | $15,000 |
| Tonnel David A | Apr 17, 2023 | Sell | 12,000 | $6.53 | $78,000 |
| DEATON CHAD C | Mar 2, 2023 | Buy | 30,000 | $7.4 | $220,000 |
| Adamson Keelan | Mar 2, 2023 | Sell | 70,994 | $6.81 | $480,000 |
| Tonnel David A | Feb 15, 2023 | Sell | 24,857 | $7.38 | $180,000 |
| Adamson Keelan | Feb 13, 2023 | Sell | 50,026 | $7.15 | $360,000 |
| Tonnel David A | Feb 1, 2023 | Sell | 43,668 | $6.94 | $300,000 |
| Tonnel David A | Jan 18, 2023 | Sell | 14,541 | $6.15 | $89,000 |
| Tonnel David A | Jan 10, 2023 | Sell | 34,267 | $5.45 | $190,000 |
| Tonnel David A | Jan 6, 2023 | Sell | 13,069 | $4.95 | $65,000 |
What's the latest insider transaction for Transocean?
The most recent insider transaction for Transocean was conducted by Mackenzie Roderick James, who sold 37,261 shares on November 22, 2024 at a price of $4.38 per share.
Which insider bought the most RIG stock over the last two years?
Mohn Frederik Wilhelm has bought the most RIG stock in the last 2 years, with a total value of $34M.
Which insider has sold the most RIG stock over the last two years?
Mey Mark-Anthony Lovell has sold the most RIG stock in the last 2 years, with a total value of $3.4M.
What is the total value of insider transactions for Transocean (RIG) in the last 2 years?
According to our estimates, the total value of insider transactions for Transocean in the last 2 years is positive, amounting to $95M. This indicates that insiders have predominantly bought shares, showcasing their confidence in the company's future prospects.
How do insider transactions over the last 2 years reflect on Transocean's market confidence?
Over the last 2 years, insider transactions for Transocean have predominantly involved purchasing shares, indicating a strong confidence among insiders in the company's future prospects. This trend of more purchases than sales could be a positive signal to potential investors about the insiders' view on the company's valuation and growth potential.
Why is monitoring insider trading activity important for investors?
Monitoring insider trading activity is important because it provides insights into the confidence levels of a company's insiders, such as executives and directors, regarding the company's future prospects. Insider buying can signal optimism, suggesting the stock may be undervalued, while insider selling might raise questions about the stock's upcoming performance. However, it's essential to consider that sales can also occur for personal financial reasons. Insider trading activity is a valuable indicator that, when combined with other data, can help inform investment decisions.
