TRANSOCEAN ($RIG) posted quarterly earnings results on Monday, August 4th. The company reported earnings of $0.00 per share, missing estimates of $0.00 by $0.00. The company also reported revenue of $988,000,000, beating estimates of $982,816,314 by $5,183,686.
You can see Quiver Quantitative's $RIG stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
TRANSOCEAN Insider Trading Activity
TRANSOCEAN insiders have traded $RIG stock on the open market 6 times in the past 6 months. Of those trades, 1 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $RIG stock by insiders over the last 6 months:
- RODERICK JAMES MACKENZIE (EVP, Chief Commercial Officer) has made 0 purchases and 5 sales selling 128,000 shares for an estimated $390,000.
- 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.
TRANSOCEAN Hedge Fund Activity
We have seen 168 institutional investors add shares of TRANSOCEAN stock to their portfolio, and 204 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TWO SIGMA INVESTMENTS, LP added 11,341,685 shares (+487.0%) to their portfolio in Q1 2025, for an estimated $35,953,141
- TWO SIGMA ADVISERS, LP added 8,204,800 shares (+520.1%) to their portfolio in Q1 2025, for an estimated $26,009,216
- GENDELL JEFFREY L removed 7,978,390 shares (-63.8%) from their portfolio in Q1 2025, for an estimated $25,291,496
- GOLDMAN SACHS GROUP INC added 5,969,637 shares (+96.6%) to their portfolio in Q1 2025, for an estimated $18,923,749
- BANK OF AMERICA CORP /DE/ added 5,304,267 shares (+591.1%) to their portfolio in Q1 2025, for an estimated $16,814,526
- KETTLE HILL CAPITAL MANAGEMENT, LLC removed 4,812,608 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $15,255,967
- SIR CAPITAL MANAGEMENT, L.P. removed 3,993,676 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $12,659,952
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
TRANSOCEAN 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:
- Susquehanna issued a "Positive" rating on 04/14/2025
- Barclays issued a "Overweight" rating on 04/07/2025
To track analyst ratings and price targets for TRANSOCEAN, check out Quiver Quantitative's $RIG forecast page.
TRANSOCEAN 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 $3.5.
Here are some recent targets:
- 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
- David Anderson from Barclays set a target price of $3.5 on 04/07/2025
- Scott Gruber from Citigroup set a target price of $3.5 on 03/19/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
