A Director at Helix Energy (HLX) is Selling Shares


Today, a Director at Helix Energy (NYSE: HLX), William Transier, sold shares of HLX for $316.9K.

In addition to William Transier, 4 other HLX executives reported Sell trades in the last month.

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Based on Helix Energy’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $205 million and quarterly net profit of $17.61 million. In comparison, last year the company earned revenue of $150 million and had a GAAP net loss of $6.4 million. HLX’s market cap is $1.41B and the company has a P/E ratio of 20.63. Currently, Helix Energy has an average volume of 539.6K.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $10.50, reflecting a 9.9% upside.

The insider sentiment on Helix Energy has been negative according to 36 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

William Transier’s trades have generated a 45.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Helix Energy Solutions Group, Inc. is an international offshore energy company. It focuses on subsea construction, maintenance and salvage services to the offshore natural gas and oil industry. The firm also provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations.

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