Insider Trading Alert - OII, H And GPS Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Yesterday, June 11, 2014, 84 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $2,032.45 to $23,245,979.30.

Highlighted Stocks Traded by Insiders:

Oceaneering International (OII) - FREE Research Report

Murphy Paul B Jr, who is Director at Oceaneering International, sold 4,000 shares at $74.98 on June 11, 2014. Following this transaction, the Director owned 15,000 shares meaning that the stake was reduced by 21.05% with the 4,000-share transaction.

The shares most recently traded at $75.43, up $0.45, or 0.6% since the insider transaction. Historical insider transactions for Oceaneering International go as follows:

  • 4-Week # shares sold: 10,000
  • 12-Week # shares sold: 10,000
  • 24-Week # shares sold: 10,000

The average volume for Oceaneering International has been 847,700 shares per day over the past 30 days. Oceaneering International has a market cap of $8.1 billion and is part of the basic materials sector and energy industry. Shares are down 5.01% year-to-date as of the close of trading on Wednesday.

Oceaneering International, Inc., together with its subsidiaries, provides engineered services and products primarily to the offshore oil and gas industry worldwide. The stock currently has a dividend yield of 1.44%. The company has a P/E ratio of 21.0. Currently, there are 9 analysts who rate Oceaneering International a buy, no analysts rate it a sell, and 3 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on OII - FREE

TheStreet Quant Ratings rates Oceaneering International as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Oceaneering International Ratings Report from TheStreet Quant Ratings now.

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