Recent discussions on X about Transocean Ltd. (RIG) have been dominated by the company’s announcement of a public offering of 125 million shares at a discounted price of $3.05, significantly below the prior closing price. Many users expressed frustration over the dilution of existing shareholders, with some viewing the move as a desperate attempt to manage the company’s debt burden. The sharp decline in stock price following the announcement—down over 12% in after-hours trading—has fueled heated debates about the long-term viability of the offshore driller.
Despite the negative reactions, a few voices on X remain cautiously optimistic, pointing to technical indicators like a potential golden cross on the charts and the possibility of a new contracting cycle with higher day rates. Some have also noted a recent $12.2 million insider purchase as a signal of confidence from within. Still, the overarching tone reflects concern over persistent financial challenges and market pressures facing Transocean.
Note: This discussion summary was generated from an AI condensation of post data.
Transocean Ltd. Insider Trading Activity
Transocean Ltd. 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.
Transocean Ltd. Hedge Fund Activity
We have seen 212 institutional investors add shares of Transocean Ltd. 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.
Transocean Ltd. 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 Transocean Ltd., check out Quiver Quantitative's $RIG forecast page.
Transocean Ltd. 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. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
