Tidewater Inc’s recent filing unveils that its Director ROBOTTI ROBERT acquired Company’s shares for reported $72477.0 on Mar 05 ’25. In the deal valued at $40.95 per share,1,770 shares were bought. As a result of this transaction, ROBOTTI ROBERT now holds 2,183,670 shares worth roughly $94.23 million.
Then, ROBOTTI ROBERT bought 2,067 shares, generating $99,758 in total proceeds. Upon buying the shares at $48.26, the Director now owns 2,181,340 shares.
Before that, Kneen Quintin bought 41,615 shares. Tidewater Inc shares valued at $1,999,921 were divested by the DIRECTOR, PRESIDENT & CEO at a price of $48.06 per share. As a result of the transaction, Kneen Quintin now holds 176,239 shares, worth roughly $7.6 million.
Evercore ISI downgraded its Tidewater Inc [TDW] rating to an In-line from a an Outperform in a research note published on January 15, 2025; the price target was decreased to $68 from $112. A number of analysts have revised their coverage, including DNB Markets’s analysts, who began to cover the stock in late November with a ‘”a Buy”‘ rating. Raymond James also remained covering TDW and has decreased its forecast on November 11, 2024 with a “an Outperform” recommendation from previously “Strong buy” rating. Johnson Rice started covering the stock on February 09, 2024. It rated TDW as “a Buy”.
Price Performance Review of TDW
On Friday, Tidewater Inc [NYSE:TDW] saw its stock jump 5.24% to $43.15. Over the last five days, the stock has lost -5.41%. Tidewater Inc shares have fallen nearly -21.13% since the year began. Nevertheless, the stocks have fallen -47.54% over the past one year. While a 52-week high of $111.42 was reached on 01/06/25, a 52-week low of $38.65 was recorded on 03/04/25. SMA at 50 days reached $52.41, while 200 days put it at $71.52.
Levels Of Support And Resistance For TDW Stock
The 24-hour chart illustrates a support level at 41.45, which if violated will result in even more drops to 39.74. On the upside, there is a resistance level at 44.82. A further resistance level may holdings at 46.48. The Relative Strength Index (RSI) on the 14-day chart is 34.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.96%. Stochastics %K at 17.30% indicates the stock is a buying.
The most recent change occurred on January 30, 2024 when Pickering Energy Partners began covering the stock and recommended ‘”an Outperform”‘ rating .
