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. Transocean Ltd shares valued at $12,200,000 were purchased by Perestroika (Cyprus) Ltd on Sep 26 ’25. At $3.05 per share, Perestroika (Cyprus) Ltd acquired 4,000,000 shares. The insider’s holdings grew to 95,074,894 shares worth approximately $313.75 million following the completion of this transaction.
Also, Perestroika purchased 4,000,000 shares, netting a total of over 12,200,000 in proceeds. Following the buying of shares at $3.05 each, the insider now holds 95,074,894 shares.
Before that, Mohn Frederik Wilhelm had added 4,000,000 shares to its account. In a trade valued at $12,200,000, the Director bought Transocean Ltd shares for $3.05 each. Upon closing the transaction, the insider’s holdings increased to 4,000,000 shares, worth approximately $313.75 million.
As published in a research note from Evercore ISI on January 15, 2025, Transocean Ltd [RIG] has been rated down from an Outperform to an In-line and the price target has been revised to $5 from $6. Analysts at Barclays upgraded the stock from ‘”an Equal weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid December. As of December 06, 2024, JP Morgan has increased its “an Underweight” rating to a “Neutral” for RIG. Earlier on October 15, 2024, The Benchmark Company downgraded its rating. Their new recommendation was “a Hold” for RIG stock which previously was a “a Buy”.
Analyzing RIG Stock Performance
On last trading session, Transocean Ltd [NYSE: RIG] rose 2.17% to $3.3. The stock’s lowest price that day was $3.2166, but it reached a high of $3.34 in the same session. During the last five days, there has been a surge of approximately 4.43%. Over the course of the year, Transocean Ltd shares have dropped approximately -22.35%. Shares of the company reached a 52-week high of $4.32 on 01/15/25 and a 52-week low of $1.97 on 04/07/25.
Support And Resistance Levels for Transocean Ltd (RIG)
According to the 24-hour chart, there is a support level at 3.23, which, if violated, would cause prices to drop to 3.16. In the upper region, resistance lies at 3.36. The next price resistance is at 3.41. RSI (Relative Strength Index) is 53.25 on the 14-day chart, showing neutral technical sentiment.
Is Transocean Ltd subject to short interest?
Stocks of Transocean Ltd saw a sharp rise in short interest on 2025-09-15 jumping by 4.93 million shares to 140.73 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 135.8 million shares. A jump of 3.5% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.23 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.23.
Which companies own the most shares of Transocean Ltd (RIG)?
In terms of Transocean Ltd share price expectations, FactSet research, analysts set an average price target of 4.5 in the next 12 months, up nearly 39.32% from the previous closing price of $3.23. Analysts anticipate Transocean Ltd stock to reach 5 by 2025, with the lowest price target being 4. In spite of this, 15 analysts ranked Transocean Ltd stock as Buy at the end of 2025.
