The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Tidewater Inc shares valued at $630,794 were purchased by ROBOTTI ROBERT on Jun 04 ’25. At $42.05 per share, ROBOTTI ROBERT acquired 15,000 shares. The insider’s holdings grew to 2,234,957 shares worth approximately $107.57 million following the completion of this transaction.
Also, ROBOTTI ROBERT purchased 10,000 shares, netting a total of over 421,354 in proceeds. Following the buying of shares at $42.14 each, the insider now holds 2,219,957 shares.
Before that, ROBOTTI ROBERT had added 560 shares to its account. In a trade valued at $22,706, the Director bought Tidewater Inc shares for $40.55 each. Upon closing the transaction, the insider’s holdings increased to 560 shares, worth approximately $106.37 million.
As published in a research note from Evercore ISI on January 15, 2025, Tidewater Inc [TDW] has been rated down from an Outperform to an In-line and the price target has been revised to $68 from $112. Analysts at DNB Markets started covering the stock with ‘”a Buy”‘ outlook in a report released in late November. As of November 11, 2024, Raymond James has decreased its “Strong buy” rating to a “an Outperform” for TDW. Earlier on February 09, 2024, Johnson Rice initiated its rating. Their recommendation was “a Buy” for TDW stock.
Analyzing TDW Stock Performance
During the last five days, there has been a surge of approximately 14.32%. Over the course of the year, Tidewater Inc shares have dropped approximately -12.03%. Shares of the company reached a 52-week high of $59.16 on 01/06/25 and a 52-week low of $31.17 on 04/09/25.
Support And Resistance Levels for Tidewater Inc (TDW)
According to the 24-hour chart, there is a support level at 47.31, which, if violated, would cause prices to drop to 46.50. In the upper region, resistance lies at 48.72. The next price resistance is at 49.32. RSI (Relative Strength Index) is 72.88 on the 14-day chart, showing overbought technical sentiment.
