Helix Energy Solutions Group, Inc. (NYSE:HLX) COO Sells $137,280.00 in Stock

Helix Energy Solutions Group, Inc. (NYSE:HLX) COO Scott Andrew Sparks sold 12,000 shares of Helix Energy Solutions Group stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $11.44, for a total value of $137,280.00. Following the completion of the sale, the chief operating officer now directly owns 282,634 shares in the company, valued at approximately $3,233,332.96. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Helix Energy Solutions Group Stock Up 1.6 %

Helix Energy Solutions Group stock traded up $0.19 during midday trading on Wednesday, reaching $11.56. The stock had a trading volume of 1,602,467 shares, compared to its average volume of 1,722,294. The firm’s fifty day simple moving average is $10.63 and its 200-day simple moving average is $10.03. Helix Energy Solutions Group, Inc. has a 1-year low of $6.18 and a 1-year high of $12.14. The stock has a market capitalization of $1.76 billion, a P/E ratio of -54.14 and a beta of 2.50. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.74 and a current ratio of 1.74.

Helix Energy Solutions Group (NYSE:HLX) last posted its quarterly earnings results on Wednesday, April 24th. The oil and gas company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.05). The company had revenue of $296.21 million for the quarter, compared to analyst estimates of $303.00 million. Helix Energy Solutions Group had a positive return on equity of 3.22% and a negative net margin of 2.39%. As a group, analysts expect that Helix Energy Solutions Group, Inc. will post 0.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in HLX. Raymond James & Associates acquired a new position in shares of Helix Energy Solutions Group during the 3rd quarter worth approximately $180,000. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Helix Energy Solutions Group during the 3rd quarter worth approximately $114,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Helix Energy Solutions Group by 33.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 34,159 shares of the oil and gas company’s stock worth $382,000 after purchasing an additional 8,652 shares during the last quarter. Mackenzie Financial Corp acquired a new position in shares of Helix Energy Solutions Group during the 3rd quarter worth approximately $312,000. Finally, Emerald Advisers LLC acquired a new position in shares of Helix Energy Solutions Group during the 3rd quarter worth approximately $411,000. Institutional investors and hedge funds own 91.33% of the company’s stock.

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.