Insider Selling: Bradley J. Dodson Unloads 26,700 Shares of Oil States International Stock (OIS)
Oil States International (NYSE:OIS) VP Bradley J. Dodson sold 26,700 shares of Oil States International stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $95.70, for a total value of $2,555,190.00. Following the sale, the vice president now directly owns 72,033 shares in the company, valued at approximately $6,893,558. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Oil States International (NYSE:OIS) traded down 0.07% during mid-day trading on Wednesday, hitting $96.49. The stock had a trading volume of 393,804 shares. Oil States International has a 52-week low of $86.81 and a 52-week high of $113.64. The stock’s 50-day moving average is $96.93 and its 200-day moving average is $99.22. The company has a market cap of $5.119 billion and a price-to-earnings ratio of 13.76.
Oil States International (NYSE:OIS) last issued its quarterly earnings data on Thursday, May 1st. The company reported $1.34 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.35 by $0.01. The company had revenue of $658.00 million for the quarter, compared to the consensus estimate of $668.25 million. During the same quarter in the prior year, the company posted $1.80 earnings per share. The company’s quarterly revenue was down 2.6% on a year-over-year basis. On average, analysts predict that Oil States International will post $5.48 earnings per share for the current fiscal year.
OIS has been the subject of a number of recent research reports. Analysts at TheStreet upgraded shares of Oil States International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 6th. Separately, analysts at Cowen and Company cut their price target on shares of Oil States International from $109.00 to $107.00 in a research note on Monday, May 5th. They now have a “market perform” rating on the stock. Finally, analysts at Barclays raised their price target on shares of Oil States International from $105.00 to $110.00 in a research note on Monday, May 5th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and five have given a buy rating to the company’s stock. Oil States International has a consensus rating of “Hold” and a consensus price target of $105.51.
Oil States International, Inc (NYSE:OIS) through its subsidiaries, is a provider of specialty products and services to natural resources companies worldwide.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.