Bristow Group Inc (NYSE:BRS) insider Jonathan Baliff acquired 6,500 shares of the company’s stock in a transaction on Friday, August 18th. The stock was bought at an average price of $7.70 per share, for a total transaction of $50,050.00. Following the purchase, the insider now owns 67,344 shares in the company, valued at approximately $518,548.80. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Bristow Group Inc (NYSE:BRS) traded down 1.17% on Monday, reaching $7.62. 529,636 shares of the company’s stock traded hands. The stock’s 50 day moving average is $7.38 and its 200 day moving average is $11.58. The firm’s market cap is $269.19 million. Bristow Group Inc has a 52-week low of $6.21 and a 52-week high of $21.88.

Bristow Group (NYSE:BRS) last issued its earnings results on Thursday, August 3rd. The oil and gas company reported ($0.83) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($1.11) by $0.28. The business had revenue of $352.10 million for the quarter, compared to the consensus estimate of $299.93 million. Bristow Group had a negative net margin of 13.32% and a negative return on equity of 6.83%. The firm’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same period in the previous year, the company earned ($0.34) earnings per share. On average, equities research analysts predict that Bristow Group Inc will post ($3.44) EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This piece was first posted by American Banking News and is owned by of American Banking News. If you are accessing this piece on another domain, it was copied illegally and reposted in violation of US & international copyright laws. The correct version of this piece can be read at https://www.americanbankingnews.com/2017/08/21/jonathan-baliff-buys-6500-shares-of-bristow-group-inc-brs-stock.html.

BRS has been the topic of several research reports. Zacks Investment Research lowered shares of Bristow Group from a “hold” rating to a “sell” rating in a research note on Tuesday, May 9th. ValuEngine upgraded shares of Bristow Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 20th. Barclays PLC set a $13.00 price objective on shares of Bristow Group and gave the company a “hold” rating in a research note on Friday, May 26th. BidaskClub upgraded shares of Bristow Group from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Credit Suisse Group reiterated a “hold” rating and issued a $10.00 price objective on shares of Bristow Group in a research note on Sunday, May 28th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $15.00.

Institutional investors have recently modified their holdings of the company. Louisiana State Employees Retirement System increased its position in shares of Bristow Group by 0.8% in the second quarter. Louisiana State Employees Retirement System now owns 13,100 shares of the oil and gas company’s stock worth $100,000 after buying an additional 100 shares during the last quarter. Arizona State Retirement System increased its position in shares of Bristow Group by 0.6% in the second quarter. Arizona State Retirement System now owns 16,693 shares of the oil and gas company’s stock worth $128,000 after buying an additional 100 shares during the last quarter. Suntrust Banks Inc. increased its position in shares of Bristow Group by 0.5% in the first quarter. Suntrust Banks Inc. now owns 38,926 shares of the oil and gas company’s stock worth $591,000 after buying an additional 175 shares during the last quarter. Texas Permanent School Fund increased its position in shares of Bristow Group by 1.2% in the second quarter. Texas Permanent School Fund now owns 23,399 shares of the oil and gas company’s stock worth $179,000 after buying an additional 276 shares during the last quarter. Finally, Capstone Asset Management Co. increased its position in shares of Bristow Group by 2.4% in the second quarter. Capstone Asset Management Co. now owns 17,796 shares of the oil and gas company’s stock worth $136,000 after buying an additional 410 shares during the last quarter.

Bristow Group Company Profile

Bristow Group Inc is an industrial aviation services provider and helicopter service provider to the offshore energy industry. The Industrial Aviation Services segment’s operations are conducted primarily through four regions: Europe Caspian, Africa, Americas and Asia Pacific. The Europe Caspian region consists of all its operations and affiliates in Europe and Central Asia, including Norway, the United Kingdom and Turkmenistan.

Receive News & Ratings for Bristow Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bristow Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.