Orion Group Holdings Inc (NYSE:ORN) insider Mark R. Stauffer sold 20,000 shares of the company’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $7.56, for a total transaction of $151,200.00. Following the completion of the transaction, the insider now directly owns 362,631 shares of the company’s stock, valued at approximately $2,741,490.36. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Orion Group Holdings Inc (NYSE:ORN) traded up $0.21 on Thursday, hitting $7.74. 53,000 shares of the company’s stock traded hands, compared to its average volume of 124,337. Orion Group Holdings Inc has a twelve month low of $5.17 and a twelve month high of $11.11. The company has a quick ratio of 1.44, a current ratio of 1.49 and a debt-to-equity ratio of 0.30.

Orion Group (NYSE:ORN) last released its quarterly earnings data on Wednesday, November 8th. The construction company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.25). Orion Group had a negative net margin of 2.76% and a negative return on equity of 2.96%. The company had revenue of $140.20 million for the quarter, compared to the consensus estimate of $166.08 million. During the same period last year, the company earned $0.17 EPS. The firm’s revenue for the quarter was down 14.5% on a year-over-year basis. sell-side analysts forecast that Orion Group Holdings Inc will post -0.13 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in ORN. Vanguard Group Inc. lifted its holdings in shares of Orion Group by 14.3% in the 1st quarter. Vanguard Group Inc. now owns 1,436,313 shares of the construction company’s stock valued at $10,730,000 after acquiring an additional 179,950 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Orion Group by 3.0% in the 1st quarter. Geode Capital Management LLC now owns 196,358 shares of the construction company’s stock valued at $1,466,000 after acquiring an additional 5,694 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Orion Group by 15.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,808,756 shares of the construction company’s stock valued at $13,511,000 after acquiring an additional 240,368 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of Orion Group by 39.8% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 50,600 shares of the construction company’s stock valued at $378,000 after acquiring an additional 14,400 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Orion Group by 107.6% in the 1st quarter. Bank of America Corp DE now owns 42,213 shares of the construction company’s stock valued at $316,000 after acquiring an additional 21,881 shares during the last quarter. 85.64% of the stock is owned by institutional investors and hedge funds.

Several research analysts have commented on the stock. B. Riley reissued a “buy” rating on shares of Orion Group in a report on Wednesday, November 1st. FBR & Co dropped their price objective on shares of Orion Group from $12.00 to $10.00 and set a “buy” rating for the company in a report on Friday, August 18th. ValuEngine downgraded shares of Orion Group from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Zacks Investment Research raised shares of Orion Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 24th. Finally, Canaccord Genuity reissued a “hold” rating and set a $7.00 price objective on shares of Orion Group in a report on Wednesday, October 18th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $9.00.

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About Orion Group

Orion Group Holdings, Inc, formerly Orion Marine Group, Inc, is engaged in heavy civil construction project management business. The Company specializes in marine construction. It provides a range of heavy civil marine construction services to federal agencies, state and municipal governments, and private commercial and industrial customers.

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