Seacor Holdings Inc. (CKH) CFO Sells $88,672.50 in Stock
Seacor Holdings Inc. (NYSE:CKH) CFO Matthew Cenac sold 1,575 shares of Seacor Holdings stock in a transaction that occurred on Monday, September 19th. The shares were sold at an average price of $56.30, for a total transaction of $88,672.50. Following the completion of the sale, the chief financial officer now owns 35,201 shares in the company, valued at $1,981,816.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Seacor Holdings Inc. (NYSE:CKH) opened at 55.19 on Wednesday. The firm’s market capitalization is $955.89 million. The stock has a 50 day moving average of $57.14 and a 200-day moving average of $56.25. Seacor Holdings Inc. has a 12-month low of $41.24 and a 12-month high of $67.60.
Hedge funds have recently made changes to their positions in the stock. BlackRock Inc. boosted its stake in shares of Seacor Holdings by 51.7% in the first quarter. BlackRock Inc. now owns 1,971 shares of the company’s stock valued at $108,000 after buying an additional 672 shares during the last quarter. PineBridge Investments L.P. boosted its stake in shares of Seacor Holdings by 7.6% in the second quarter. PineBridge Investments L.P. now owns 2,020 shares of the company’s stock valued at $117,000 after buying an additional 143 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in shares of Seacor Holdings by 13.7% in the second quarter. Teacher Retirement System of Texas now owns 2,300 shares of the company’s stock valued at $133,000 after buying an additional 277 shares during the last quarter. Mason Street Advisors LLC bought a new stake in shares of Seacor Holdings during the second quarter valued at approximately $180,000. Finally, KCG Holdings Inc. bought a new stake in shares of Seacor Holdings during the second quarter valued at approximately $213,000.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/seacor-holdings-inc-ckh-cfo-sells-88672-50-in-stock.html
Separately, Stifel Nicolaus began coverage on shares of Seacor Holdings in a report on Tuesday, August 23rd. They issued a “buy” rating and a $70.00 price objective on the stock.
About Seacor Holdings
SEACOR Holdings Inc is engaged in owning, operating, investing in and marketing equipment, primarily in the offshore oil and gas, shipping and logistics industries. The Company’s segments include Offshore Marine Services, Inland River Services, Shipping Services and Illinois Corn Processing. The Offshore Marine Services segment operates a fleet of support vessels primarily servicing offshore oil and gas exploration, development and production facilities around the world.
Receive News & Ratings for Seacor Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seacor Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.