Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Oceaneering International, Inc shares valued at $56,240 were sold by GRANATO LEONARDO P on Nov 07 ’24. At $28.12 per share, GRANATO LEONARDO P sold 2,000 shares. The insider’s holdings dropped to 19,860 shares worth approximately $0.35 million following the completion of this transaction.
Also, GRANATO LEONARDO P purchased 2,000 shares, netting a total of over 56,240 in proceeds.
Before that, Beachy Karen H had sold 3,300 shares from its account. In a trade valued at $75,702, the Director traded Oceaneering International, Inc shares for $22.94 each. Upon closing the transaction, the insider’s holdings decreased to 3,300 shares, worth approximately $0.5 million.
As published in a research note from Pickering Energy Partners on April 02, 2025, Oceaneering International, Inc [OII] has been rated up from an Underperform to a Neutral. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of December 18, 2024, Barclays has increased its “an Underweight” rating to a “an Equal weight” for OII. Earlier on January 19, 2023, The Benchmark Company initiated its rating. Their recommendation was “a Buy” for OII stock.
Analyzing OII Stock Performance
During the last five days, there has been a surge of approximately 2.78%. Over the course of the year, Oceaneering International, Inc shares have dropped approximately -31.94%. Shares of the company reached a 52-week high of $28.31 on 01/06/25 and a 52-week low of $15.46 on 04/09/25. A 50-day SMA is recorded $19.91, while a 200-day SMA reached $24.62.
Support And Resistance Levels for Oceaneering International, Inc (OII)
According to the 24-hour chart, there is a support level at 17.45, which, if violated, would cause prices to drop to 17.16. In the upper region, resistance lies at 18.12. The next price resistance is at 18.50. RSI (Relative Strength Index) is 43.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.60, which suggests the price will decrease in the coming days. Percent R is at 32.86%, indicating low price movement. Stochastics %K at selling indicates that the stock is to be held.
