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 $326.11 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 $326.11 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 Monday, Transocean Ltd [NYSE:RIG] saw its stock jump 1.78% to $3.43. Over the last five days, the stock has gained 10.29%. Transocean Ltd shares have fallen nearly -20.79% since the year began. Nevertheless, the stocks have fallen -8.53% over the past one year. While a 52-week high of $4.74 was reached on 01/15/25, 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 3.36, which if violated will result in even more drops to 3.29. On the upside, there is a resistance level at 3.51. A further resistance level may holdings at 3.59.
How much short interest is there in Transocean Ltd?
A steep rise in short interest was recorded in Transocean Ltd stocks on 2025-09-15, growing by 4.93 million shares to a total of 140.73 million shares. Yahoo Finance data shows the prior-month short interest on 2025-08-15 was 135.8 million shares. There was a rise of 3.5%, which implies that there is a positive sentiment for the stock.
