Transocean Ltd (RIG) receives an Underweight rating from JP Morgan

Jaxson Clark

Transocean Ltd’s filing revealed that its PRESIDENT AND CEO Adamson Keelan unloaded Company’s shares for reported $0.26 million on Dec 05 ’25. In the deal valued at $4.50 per share,57,968 shares were sold. As a result of this transaction, Adamson Keelan now holds 1,303,715 shares worth roughly $5.38 million.

Then, Adamson Keelan sold 8,469 shares, generating $38,110 in total proceeds. Upon selling the shares at $4.50, the PRESIDENT AND CEO now owns 1,361,683 shares.

Before that, Mackenzie Roderick James sold 35,000 shares. Transocean Ltd shares valued at $156,800 were divested by the EVP, Chief Commercial Officer at a price of $4.48 per share. As a result of the transaction, Mackenzie Roderick James now holds 212,072 shares, worth roughly $0.88 million.

JP Morgan downgraded its Transocean Ltd [RIG] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in mid January from “an Outperform” to “an In-line”. Barclays also remained covering RIG and has increased its forecast on December 18, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. JP Morgan revised its rating on December 06, 2024. It rated RIG as “a Neutral” which previously was an “an Underweight”.

Price Performance Review of RIG

On Friday, Transocean Ltd [NYSE:RIG] saw its stock fall -3.50% to $4.13. Over the last five days, the stock has lost -6.98%. Transocean Ltd shares have risen nearly 3.77% since the year began. Nevertheless, the stocks have risen 10.13% over the past one year. While a 52-week high of $4.56 was reached on 12/09/25, a 52-week low of $1.97 was recorded on 04/07/25.

Levels Of Support And Resistance For RIG Stock

The 24-hour chart illustrates a support level at 4.05, which if violated will result in even more drops to 3.97. On the upside, there is a resistance level at 4.29. A further resistance level may holdings at 4.45.

How much short interest is there in Transocean Ltd?

A steep rise in short interest was recorded in Transocean Ltd stocks on 2025-11-28, growing by 15.5 million shares to a total of 143.63 million shares. Yahoo Finance data shows the prior-month short interest on 2025-10-31 was 128.13 million shares. There was a rise of 10.79%, which implies that there is a positive sentiment for the stock.

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