In a filing, Transocean Ltd revealed its Director Perestroika (Cyprus) Ltd acquired Company’s shares for reported $12.2 million on Sep 26 ’25. In the deal valued at $3.05 per share,4,000,000 shares were bought. As a result of this transaction, Perestroika (Cyprus) Ltd now holds 95,074,894 shares worth roughly $292.83 million.
Then, Perestroika bought 4,000,000 shares, generating $12,200,000 in total proceeds. Upon buying the shares at $3.05, the Director now owns 95,074,894 shares.
Before that, Mohn Frederik Wilhelm bought 4,000,000 shares. Transocean Ltd shares valued at $12,200,000 were divested by the Director at a price of $3.05 per share. As a result of the transaction, Mohn Frederik Wilhelm now holds 95,074,894 shares, worth roughly $292.83 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 Friday, Transocean Ltd [NYSE:RIG] saw its stock fall -7.51% to $3.08. Over the last five days, the stock has lost -8.61%. Transocean Ltd shares have fallen nearly -28.87% since the year began. Nevertheless, the stocks have fallen -17.87% over the past one year.
How much short interest is there in Transocean Ltd?
A steep rise in short interest was recorded in Transocean Ltd stocks on 2025-09-30, growing by 15.92 million shares to a total of 155.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-08-29 was 139.17 million shares. There was a rise of 10.26%, which implies that there is a positive sentiment for the stock.
