Yesterday, the EVP, CAO & CIO of Transocean LTD (RIG), Howard Davis, bought shares of RIG for $622.6K.
This recent transaction increases Howard Davis’ holding in the company by 490.24% to a total of $756.7K.
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Currently, Transocean LTD has an average volume of 16.17M.
Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $13.80, reflecting a 114.0% upside.
In the last 30 days, insiders have sold $619.7K worth of RIG shares and purchased $622.6K worth of RIG shares.
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Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. It also owns and operates offshore drilling fleet such as ultra-deepwater, harsh-environment, deepwater, and midwater rigs. The company was founded in 1954 and is headquartered in Steinhausen, Switzerland.
