(Cyprus) Ltd Perestroika, a director at $RIG, bought 4,000,000 shares of the company on 09-26-2025 for an estimated $12,200,000. This trade was reported by Quiver Quantitative using data from a recent SEC filing. This increased their holdings of this class of stock by approximately 4.4%. Following this trade, they now own 95,074,894 shares of this class of $RIG stock.
$RIG Insider Trading Activity
$RIG insiders have traded $RIG stock on the open market 7 times in the past 6 months. Of those trades, 4 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $RIG stock by insiders over the last 6 months:
- PERESTROIKA purchased 4,000,000 shares for an estimated $12,200,000
- FREDERIK WILHELM MOHN purchased 4,000,000 shares for an estimated $12,200,000
- (CYPRUS) LTD PERESTROIKA purchased 4,000,000 shares for an estimated $12,200,000
- RODERICK JAMES MACKENZIE (EVP, Chief Commercial Officer) has made 0 purchases and 3 sales selling 84,000 shares for an estimated $240,619.
- VANESSA C L CHANG purchased 10,000 shares for an estimated $21,400
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RIG Hedge Fund Activity
We have seen 212 institutional investors add shares of $RIG stock to their portfolio, and 154 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRIMECAP MANAGEMENT CO/CA/ removed 40,723,249 shares (-75.6%) from their portfolio in Q2 2025, for an estimated $105,473,214
- ELLIOTT INVESTMENT MANAGEMENT L.P. removed 11,870,319 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $30,744,126
- CITADEL ADVISORS LLC added 7,923,043 shares (+242.2%) to their portfolio in Q2 2025, for an estimated $20,520,681
- MORGAN STANLEY added 6,480,573 shares (+54.3%) to their portfolio in Q2 2025, for an estimated $16,784,684
- TWO SIGMA ADVISERS, LP added 6,275,600 shares (+64.2%) to their portfolio in Q2 2025, for an estimated $16,253,804
- TWO SIGMA INVESTMENTS, LP added 4,901,384 shares (+35.9%) to their portfolio in Q2 2025, for an estimated $12,694,584
- JANE STREET GROUP, LLC added 4,704,440 shares (+1020.7%) to their portfolio in Q2 2025, for an estimated $12,184,499
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$RIG Analyst Ratings
Wall Street analysts have issued reports on $RIG in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Overweight" rating on 08/13/2025
- Susquehanna issued a "Positive" rating on 04/14/2025
To track analyst ratings and price targets for $RIG, check out Quiver Quantitative's $RIG forecast page.
$RIG Price Targets
Multiple analysts have issued price targets for $RIG recently. We have seen 4 analysts offer price targets for $RIG in the last 6 months, with a median target of $3.75.
Here are some recent targets:
- Eddie Kim from Barclays set a target price of $4.0 on 08/13/2025
- Daniel Kutz from Morgan Stanley set a target price of $3.5 on 05/16/2025
- Charles Minervino from Susquehanna set a target price of $4.0 on 04/14/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
