Significant Insider Buying Reported in Shares of Transocean (RIG) Reversing the Selling Trend of Last Quarter

Monday, March 05, 2018 10:15 PM ET

Significant Insider Buying Reported in Shares of Transocean (RIG) Reversing the Selling Trend of Last Quarter

Relative to its peers over the last 90 days, insider buy/sell trading at Transocean is above the 25-company peer group average. Oil & Gas Drilling peer group saw 6 buy/sell trades during this period for an average of 0.2 transactions per company. The number of shares per buy/sell trade for Transocean insiders was also higher. Within the peer group there were 0 shares purchased and 44,300 shares sold with company insiders selling 7,383 shares on average.

In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data sourced to create and write this story.

Today’s Insider Activity
* Perestroika, 10% Owner and Director, bought 2,000,000 shares
* Frederik Wilhelm Mohn, 10% Owner and Director, bought 2,000,000 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at info@uptickdata.com. Copyright 2018 UpTick Data Technologies. All rights reserved.

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