Insider Selling: Helix Energy Solutions Group, Inc. (NYSE:HLX) Director Sells 2,864 Shares of Stock

Helix Energy Solutions Group, Inc. (NYSE:HLX) Director Diana Glassman sold 2,864 shares of the business’s stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $10.49, for a total transaction of $30,043.36. Following the sale, the director now owns 42,133 shares in the company, valued at $441,975.17. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Helix Energy Solutions Group Stock Down 2.7 %

NYSE HLX opened at $10.30 on Monday. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.21. The company’s 50 day simple moving average is $11.02 and its 200 day simple moving average is $10.37. Helix Energy Solutions Group, Inc. has a 12 month low of $6.97 and a 12 month high of $12.14.

Helix Energy Solutions Group (NYSE:HLX) last released its earnings results on Wednesday, April 24th. The oil and gas company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). Helix Energy Solutions Group had a positive return on equity of 3.22% and a negative net margin of 2.39%. The business had revenue of $296.21 million during the quarter, compared to the consensus estimate of $303.00 million. As a group, equities research analysts anticipate that Helix Energy Solutions Group, Inc. will post 0.39 EPS for the current year.

Institutional Trading of Helix Energy Solutions Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Glenorchy Capital Ltd purchased a new position in shares of Helix Energy Solutions Group in the fourth quarter worth approximately $2,695,000. Russell Investments Group Ltd. increased its position in shares of Helix Energy Solutions Group by 141.6% in the fourth quarter. Russell Investments Group Ltd. now owns 158,235 shares of the oil and gas company’s stock worth $1,627,000 after acquiring an additional 92,731 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Helix Energy Solutions Group by 4.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 10,906,292 shares of the oil and gas company’s stock worth $112,118,000 after acquiring an additional 489,105 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Helix Energy Solutions Group by 52.7% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 583,638 shares of the oil and gas company’s stock worth $6,519,000 after acquiring an additional 201,465 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new position in shares of Helix Energy Solutions Group in the third quarter worth approximately $1,064,000. 91.33% of the stock is currently owned by institutional investors.

Helix Energy Solutions Group Company Profile

Helix Energy Solutions Group, Inc, together with its subsidiaries, an offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the Gulf of Mexico, the East Coast of the United States, North Sea, the Asia Pacific, and West Africa regions. The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments.