Smarter Analyst

The SVP & CFO of National-Oilwell (NOV) is Buying Shares

Yesterday, the SVP & CFO of National-Oilwell (NOV), Jose Bayardo, bought shares of NOV for $171.8K.

Following this transaction Jose Bayardo’s holding in the company was increased by 8.86% to a total of $2.15 million. In addition to Jose Bayardo, one other NOV executive reported Buy trades in the last month.

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The company has a one-year high of $29.37 and a one-year low of $8.00.

Four different firms, including Citigroup and Evercore ISI, currently also have a Buy rating on the stock.

In the last 30 days, insiders have sold $197.3K worth of NOV shares and purchased $171.8K worth of NOV shares. The insider sentiment on National-Oilwell has been negative according to 43 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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National Oilwell Varco, Inc. provides equipment and technology to the upstream oil and gas industry. The company operates through the following segments: Rig Technologies, Wellbore Technologies, and Completion and Production Solutions. The Rig Technologies segment monitors its capital equipment backlog to plan its business.