Transocean (RIG) News Today

Russell Investments Group Ltd. raised its holdings in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 76.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 402,839 shares of

Benchmark reiterated a "buy" rating and issued a $8.00 target price on shares of Transocean in a report on Thursday.

Transocean (NYSE:RIG) Trading 6.7% Higher

Transocean Ltd. (NYSE:RIG - Get Free Report) saw some unusual options trading on Monday. Stock traders purchased 31,505 call options on the company. This is an increase of 14% compared to the average daily volume of 27,699 call options.

Transocean Ltd. (NYSE:RIG - Free Report) - Zacks Research reduced their Q2 2024 earnings estimates for Transocean in a note issued to investors on Wednesday, July 17th. Zacks Research analyst N. Choudhury now anticipates that the offshore drilling services provider will post earnings of ($0.09) p

Transocean Ltd. (NYSE:RIG - Free Report) - Research analysts at Zacks Research lowered their Q3 2024 EPS estimates for shares of Transocean in a report released on Wednesday, July 17th. Zacks Research analyst N. Choudhury now expects that the offshore drilling services provider will post earnings

Shares of Transocean Ltd. (NYSE:RIG - Get Free Report) have been given a consensus rating of "Hold" by the ten brokerages that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and five have issue

Quantbot Technologies LP lowered its stake in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 86.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 117,638 shares of the offshore drilling service

Lisanti Capital Growth LLC boosted its position in Transocean Ltd. (NYSE:RIG - Free Report) by 685.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 713,390 shares of the offshore drilling services provider's stock after purchasing

Jennison Associates LLC trimmed its position in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 48.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 785,874 shares of the offshore drilling services provider

Vanguard Group Inc. lifted its holdings in Transocean Ltd. (NYSE:RIG - Free Report) by 6.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 68,552,192 shares of the offshore drilling services provider's stock after buying an additiona

Banque Cantonale Vaudoise acquired a new stake in Transocean Ltd. (NYSE:RIG - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The firm acquired 242,248 shares of the offshore drilling services provider's stock, valued at approximately $1,521,000. Ot

Quadrature Capital Ltd raised its stake in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 199.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 522,973 shares of the offshore drilling services provider's stock after p

Healthcare of Ontario Pension Plan Trust Fund reduced its position in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 34.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 999,000 shares of the offshore drilling services prov

Transocean (NYSE:RIG) Trading 5% Higher

Quadrature Capital Ltd purchased a new position in Transocean Ltd. (NYSE:RIG - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 522,973 shares of the offshore drilling services provider's stock, valued at a

CenterBook Partners LP lifted its position in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 36.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 748,196 shares of the offshore drilling services prov

Capital World Investors raised its stake in Transocean Ltd. (NYSE:RIG - Free Report) by 34.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,014,318 shares of the offshore drilling services provider's stock after buying an add

Transocean (NYSE:RIG) Shares Down 6.6%

Cloverfields Capital Group LP acquired a new stake in shares of Transocean Ltd. (NYSE:RIG - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 158,784 shares of the offshore drilling servi

Transocean Ltd. (NYSE:RIG - Get Free Report) has received an average recommendation of "Hold" from the ten research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating

Contrarius Investment Management Ltd lowered its stake in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 48.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,852,607 shares

Primecap Management Co. CA boosted its position in Transocean Ltd. (NYSE:RIG - Free Report) by 11.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,699,389 shares of the offshore drilling services provider's stock after purchas

Transocean Ltd. (NYSE:RIG - Free Report) - Equities researchers at Zacks Research decreased their Q2 2024 earnings per share (EPS) estimates for Transocean in a report released on Monday, May 20th. Zacks Research analyst N. Choudhury now anticipates that the offshore drilling services provider wi

Aigen Investment Management LP lifted its stake in Transocean Ltd. (NYSE:RIG - Free Report) by 151.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 247,820 shares of the offshore dri

Transocean Ltd. (NYSE:RIG - Get Free Report) was the target of some unusual options trading on Tuesday. Stock investors purchased 57,204 call options on the stock. This is an increase of approximately 83% compared to the average volume of 31,292 call options.

Transocean Ltd. (NYSE:RIG - Free Report) - Research analysts at Zacks Research lowered their Q3 2024 EPS estimates for Transocean in a research report issued to clients and investors on Monday, May 20th. Zacks Research analyst N. Choudhury now forecasts that the offshore drilling services provide

Marathon Capital Management cut its position in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 87.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 181,500 shares of the offshore drilling services

Russell Investments Group Ltd. lowered its holdings in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 43.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 227,709 shares of the offshore drilling serv

Transocean Ltd. (NYSE:RIG - Get Free Report) Director (Cyprus) Ltd Perestroika purchased 2,000,000 shares of the business's stock in a transaction on Wednesday, May 15th. The stock was purchased at an average price of $6.01 per share, with a total value of $12,020,000.00. Following the purchase, the director now owns 87,574,894 shares of the company's stock, valued at $526,325,112.94. The purchase was disclosed in a legal filing with the SEC, which is available through this link.