On December 30, 2024, Kenneth Neikirk, Executive Vice President, General Counsel & Secretary of Helix Energy Solutions Group Inc (HLX, Financial), sold 83,991 shares of the company. Following this transaction, the insider now owns 104,549 shares of the company. The transaction details can be found in the SEC Filing.
Helix Energy Solutions Group Inc is an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations. The company operates in various regions, including the Gulf of Mexico, Brazil, the North Sea, Asia Pacific, and West Africa.
The insider transaction history for Helix Energy Solutions Group Inc shows that there have been no insider buys in total over the past year. Meanwhile, there have been eight insider sells over the same timeframe. This indicates a trend of insider selling activity within the company.
As of the date of the transaction, shares of Helix Energy Solutions Group Inc were trading at $9.17 each, giving the stock a market cap of $1.448 billion. The company's price-earnings ratio stands at 238.00, which is higher than the industry median of 11.565 and also higher than the company’s historical median price-earnings ratio.
With a price of $9.17 and a GuruFocus Value of $9.98, Helix Energy Solutions Group Inc has a price-to-GF-Value ratio of 0.92. This suggests that the stock is fairly valued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- Future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
