Insider Selling: SEACOR Holdings, Inc. (CKH) Vice Chairman Sells $987,800.00 in Stock

SEACOR Holdings, Inc. (NYSE:CKH) Vice Chairman Oivind Lorentzen sold 20,000 shares of the stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $49.39, for a total value of $987,800.00. Following the completion of the sale, the insider now directly owns 41,175 shares of the company’s stock, valued at approximately $2,033,633.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Oivind Lorentzen also recently made the following trade(s):

  • On Monday, November 6th, Oivind Lorentzen sold 20,000 shares of SEACOR Holdings stock. The shares were sold at an average price of $50.15, for a total value of $1,003,000.00.

Shares of SEACOR Holdings, Inc. (NYSE:CKH) opened at $49.02 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.09 and a quick ratio of 2.07. SEACOR Holdings, Inc. has a one year low of $26.03 and a one year high of $51.59.

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Several equities research analysts recently commented on the company. Credit Suisse Group increased their price target on SEACOR Holdings from $36.00 to $43.00 and gave the company a “neutral” rating in a report on Friday, November 3rd. TheStreet raised SEACOR Holdings from a “d+” rating to a “c-” rating in a report on Tuesday, November 7th. Zacks Investment Research raised SEACOR Holdings from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a report on Wednesday. Finally, Stifel Nicolaus cut SEACOR Holdings from a “buy” rating to a “hold” rating and increased their price target for the company from $40.00 to $53.00 in a report on Monday, November 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $50.33.

A number of hedge funds have recently bought and sold shares of CKH. BlackRock Inc. increased its stake in SEACOR Holdings by 42,596.9% during the first quarter. BlackRock Inc. now owns 2,024,259 shares of the oil and gas company’s stock worth $140,058,000 after acquiring an additional 2,019,518 shares during the last quarter. Walthausen & Co. LLC acquired a new stake in SEACOR Holdings during the second quarter worth $3,335,000. Vanguard Group Inc. increased its stake in SEACOR Holdings by 3.2% during the second quarter. Vanguard Group Inc. now owns 1,492,065 shares of the oil and gas company’s stock worth $51,177,000 after acquiring an additional 46,898 shares during the last quarter. State Street Corp increased its stake in SEACOR Holdings by 8.3% during the second quarter. State Street Corp now owns 506,570 shares of the oil and gas company’s stock worth $17,371,000 after acquiring an additional 39,028 shares during the last quarter. Finally, Eos Focused Equity Management L.P. increased its stake in SEACOR Holdings by 134.5% during the second quarter. Eos Focused Equity Management L.P. now owns 44,151 shares of the oil and gas company’s stock worth $1,514,000 after acquiring an additional 25,325 shares during the last quarter. 89.91% of the stock is owned by institutional investors.

About SEACOR Holdings

SEACOR Holdings Inc, is engaged in the business of transportation and logistics, alcohol manufacturing, merchandising, and risk management consultancy. The Company’s segments include, Inland River Services, Shipping Services and Illinois Corn Processing. Inland River Services segment operates river transportation equipment used for moving agricultural and industrial commodities and petroleum and chemical products.

Insider Buying and Selling by Quarter for SEACOR Holdings (NYSE:CKH)

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