Tidewater Inc’s filing revealed that its Director ROBOTTI ROBERT acquired Company’s shares for reported $1.0 million on Mar 13 ’25. In the deal valued at $40.11 per share,25,000 shares were bought. As a result of this transaction, ROBOTTI ROBERT now holds 2,208,670 shares worth roughly $89.63 million.
Then, ROBOTTI ROBERT bought 1,770 shares, generating $72,477 in total proceeds. Upon buying the shares at $40.95, the Director now owns 2,183,670 shares.
Before that, ROBOTTI ROBERT bought 2,067 shares. Tidewater Inc shares valued at $99,758 were divested by the Director at a price of $48.26 per share. As a result of the transaction, ROBOTTI ROBERT now holds 2,181,340 shares, worth roughly $88.52 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 Monday, Tidewater Inc [NYSE:TDW] saw its stock fall -3.01% to $40.58. Over the last five days, the stock has lost -5.21%. Tidewater Inc shares have fallen nearly -25.83% since the year began. Nevertheless, the stocks have fallen -62.46% over the past one year.
The most recent change occurred on January 30, 2024 when Pickering Energy Partners began covering the stock and recommended ‘”an Outperform”‘ rating .
