Transocean Ltd’s filing revealed that its EVP, Chief Commercial Officer Mackenzie Roderick James unloaded Company’s shares for reported $61160.0 on May 12 ’25. In the deal valued at $2.78 per share,22,000 shares were sold. As a result of this transaction, Mackenzie Roderick James now holds 340,841 shares worth roughly $0.93 million.
Then, CHANG VANESSA C L bought 10,000 shares, generating $21,400 in total proceeds. Upon buying the shares at $2.14, the Director now owns 59,200 shares.
Before that, Mackenzie Roderick James sold 22,000 shares. Transocean Ltd shares valued at $49,060 were divested by the EVP, Chief Commercial Officer at a price of $2.23 per share. As a result of the transaction, Mackenzie Roderick James now holds 362,841 shares, worth roughly $0.99 million.
Evercore ISI downgraded its Transocean Ltd [RIG] rating to an In-line from a an Outperform in a research note published on January 15, 2025; the price target was decreased to $5 from $6. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in mid December from “an Equal weight” to “an Overweight”. JP Morgan also remained covering RIG and has increased its forecast on December 06, 2024 with a “Neutral” recommendation from previously “an Underweight” rating. The Benchmark Company revised its rating on October 15, 2024. It rated RIG as “a Hold” which previously was an “a Buy”.
Price Performance Review of RIG
On Tuesday, Transocean Ltd [NYSE:RIG] saw its stock fall -1.44% to $2.73. Over the last five days, the stock has gained 15.19%. Transocean Ltd shares have fallen nearly -27.20% since the year began. Nevertheless, the stocks have fallen -53.57% over the past one year. While a 52-week high of $6.38 was reached on 01/15/25, a 52-week low of $1.97 was recorded on 04/07/25. SMA at 50 days reached $2.66, while 200 days put it at $3.84.
Levels Of Support And Resistance For RIG Stock
The 24-hour chart illustrates a support level at 2.69, which if violated will result in even more drops to 2.64. On the upside, there is a resistance level at 2.82. A further resistance level may holdings at 2.90. The Relative Strength Index (RSI) on the 14-day chart is 58.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 19.48%. Stochastics %K at 86.36% indicates the stock is a selling.
