Insider Selling: Overseas Shipholding Group VP Unloads 10,685 Shares of Stock (OSGIQ)
Overseas Shipholding Group (NASDAQ:OSGIQ) VP Henry P. Flinter sold 10,685 shares of the stock on the open market in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $6.12, for a total value of $65,392.20. Following the completion of the sale, the vice president now directly owns 7,670 shares in the company, valued at approximately $46,940. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Overseas Shipholding Group (NASDAQ:OSGIQ) remained flat at $6.85 during during mid-day trading trading on Thursday. Overseas Shipholding Group has a one year low of $1.53 and a one year high of $9.87. The stock’s 50-day moving average is $6.5 and its 200-day moving average is $6.23. The company’s market cap is $210.1 million.
Separately, analysts at Imperial Capital upgraded shares of Overseas Shipholding Group to an “outperform” rating in a research note on Tuesday, April 1st.
Overseas Shipholding Group, Inc (NASDAQ:OSGIQ) is a tanker company engaged primarily in the ocean transportation of crude oil and petroleum products.
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