Transocean (NYSE:RIG) Stock Price Down 6% – Here’s Why

12 Dec 2025, 22:40 by Tristan Rich · The Markets Daily

Transocean Ltd. (NYSE:RIG – Get Free Report) shares dropped 6% on Wednesday . The company traded as low as $4.16 and last traded at $4.1850. Approximately 7,830,731 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 38,401,234 shares. The stock had previously closed at $4.45.

Wall Street Analysts Forecast Growth

RIG has been the subject of several research reports. Weiss Ratings restated a “sell (d-)” rating on shares of Transocean in a report on Wednesday, October 8th. Citigroup increased their target price on shares of Transocean from $4.25 to $4.50 and gave the stock a “neutral” rating in a research report on Thursday. Barclays boosted their price target on shares of Transocean from $4.00 to $4.50 and gave the company an “overweight” rating in a report on Wednesday, November 5th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Transocean in a research note on Wednesday. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $4.35.

Check Out Our Latest Stock Report on RIG

Transocean Stock Performance

The company has a market cap of $4.58 billion, a P/E ratio of -1.27 and a beta of 1.39. The company has a quick ratio of 0.91, a current ratio of 1.08 and a debt-to-equity ratio of 0.60. The stock’s 50-day moving average price is $3.88 and its 200 day moving average price is $3.28.

Transocean (NYSE:RIG – Get Free Report) last released its quarterly earnings results on Wednesday, October 29th. The offshore drilling services provider reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.02. Transocean had a negative net margin of 75.71% and a positive return on equity of 0.45%. The company had revenue of ($1,894.00) million during the quarter, compared to analysts’ expectations of $1.01 billion. The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. As a group, research analysts expect that Transocean Ltd. will post 0.14 EPS for the current fiscal year.

Insider Activity at Transocean

In other news, insider Jeremy D. Thigpen sold 500,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $4.32, for a total transaction of $2,160,000.00. Following the completion of the transaction, the insider directly owned 2,136,223 shares in the company, valued at $9,228,483.36. The trade was a 18.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frederik Wilhelm Mohn acquired 4,000,000 shares of the stock in a transaction dated Friday, September 26th. The stock was bought at an average price of $3.05 per share, for a total transaction of $12,200,000.00. Following the purchase, the director owned 95,074,894 shares of the company’s stock, valued at $289,978,426.70. The trade was a 4.39% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders acquired 11,000,000 shares of company stock valued at $36,460,000 and sold 726,148 shares valued at $3,115,783. 12.27% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Transocean

A number of institutional investors have recently added to or reduced their stakes in RIG. Swiss Life Asset Management Ltd increased its stake in Transocean by 59.2% during the third quarter. Swiss Life Asset Management Ltd now owns 33,083 shares of the offshore drilling services provider’s stock valued at $103,000 after acquiring an additional 12,296 shares during the period. Polar Asset Management Partners Inc. acquired a new stake in shares of Transocean during the 3rd quarter worth approximately $3,978,000. Penn Capital Management Company LLC increased its position in shares of Transocean by 9.8% during the third quarter. Penn Capital Management Company LLC now owns 3,499,280 shares of the offshore drilling services provider’s stock valued at $10,943,000 after purchasing an additional 313,224 shares during the period. CIBC Bancorp USA Inc. acquired a new position in shares of Transocean in the third quarter valued at $704,000. Finally, Maven Securities LTD bought a new position in Transocean in the third quarter worth $4,680,000. 67.73% of the stock is owned by institutional investors and hedge funds.

About Transocean

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