SEACOR Holdings, Inc. (NYSE:CKH) Vice Chairman Oivind Lorentzen sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $49.39, for a total value of $987,800.00. Following the transaction, the insider now owns 41,175 shares of the company’s stock, valued at approximately $2,033,633.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Oivind Lorentzen also recently made the following trade(s):

  • On Monday, November 6th, Oivind Lorentzen sold 20,000 shares of SEACOR Holdings stock. The shares were sold at an average price of $50.15, for a total value of $1,003,000.00.

Shares of SEACOR Holdings, Inc. (NYSE:CKH) traded up $0.21 during mid-day trading on Thursday, hitting $50.07. The stock had a trading volume of 131,314 shares, compared to its average volume of 162,243. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.07 and a current ratio of 2.09. SEACOR Holdings, Inc. has a 1-year low of $25.44 and a 1-year high of $51.59.

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Hedge funds have recently modified their holdings of the company. BlackRock Inc. increased its position in shares of SEACOR Holdings by 42,596.9% in the 1st quarter. BlackRock Inc. now owns 2,024,259 shares of the oil and gas company’s stock valued at $140,058,000 after acquiring an additional 2,019,518 shares during the period. Walthausen & Co. LLC acquired a new position in shares of SEACOR Holdings in the 2nd quarter valued at $3,335,000. Vanguard Group Inc. increased its position in shares of SEACOR Holdings by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 1,492,065 shares of the oil and gas company’s stock valued at $51,177,000 after acquiring an additional 46,898 shares during the period. State Street Corp increased its position in shares of SEACOR Holdings by 8.3% in the 2nd quarter. State Street Corp now owns 506,570 shares of the oil and gas company’s stock valued at $17,371,000 after acquiring an additional 39,028 shares during the period. Finally, Eos Focused Equity Management L.P. increased its position in shares of SEACOR Holdings by 134.5% in the 2nd quarter. Eos Focused Equity Management L.P. now owns 44,151 shares of the oil and gas company’s stock valued at $1,514,000 after acquiring an additional 25,325 shares during the period. 89.91% of the stock is currently owned by institutional investors and hedge funds.

CKH has been the subject of a number of research reports. Zacks Investment Research upgraded SEACOR Holdings from a “hold” rating to a “buy” rating and set a $41.00 price target for the company in a report on Tuesday, August 29th. TheStreet upgraded SEACOR Holdings from a “d+” rating to a “c-” rating in a report on Tuesday. Stifel Nicolaus set a $40.00 target price on SEACOR Holdings and gave the stock a “buy” rating in a report on Monday, August 7th. Finally, Credit Suisse Group upped their target price on SEACOR Holdings from $36.00 to $43.00 and gave the stock a “neutral” rating in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. SEACOR Holdings currently has an average rating of “Hold” and a consensus price target of $50.33.

SEACOR Holdings Company Profile

SEACOR Holdings Inc, is engaged in the business of transportation and logistics, alcohol manufacturing, merchandising, and risk management consultancy. The Company’s segments include, Inland River Services, Shipping Services and Illinois Corn Processing. Inland River Services segment operates river transportation equipment used for moving agricultural and industrial commodities and petroleum and chemical products.

Insider Buying and Selling by Quarter for SEACOR Holdings (NYSE:CKH)

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