Seacor Holdings, Inc. (CKH) Insider Charles Fabrikant Sells 51,432 Shares

Seacor Holdings, Inc. (NYSE:CKH) insider Charles Fabrikant sold 51,432 shares of the business’s stock in a transaction on Wednesday, November 7th. The shares were sold at an average price of $50.19, for a total value of $2,581,372.08. Following the completion of the sale, the insider now owns 492,937 shares in the company, valued at $24,740,508.03. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of CKH opened at $49.00 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.05 and a current ratio of 2.07. Seacor Holdings, Inc. has a 1 year low of $40.59 and a 1 year high of $59.00. The firm has a market capitalization of $915.26 million, a price-to-earnings ratio of 37.98 and a beta of 0.64.

Seacor (NYSE:CKH) last released its quarterly earnings data on Tuesday, October 23rd. The oil and gas company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.30. Seacor had a return on equity of 3.88% and a net margin of 16.80%. The company had revenue of $220.26 million for the quarter, compared to analyst estimates of $222.45 million. Research analysts anticipate that Seacor Holdings, Inc. will post 1.98 earnings per share for the current fiscal year.

Large investors have recently added to or reduced their stakes in the stock. Strs Ohio bought a new stake in shares of Seacor during the 2nd quarter valued at $108,000. Federated Investors Inc. PA raised its stake in shares of Seacor by 1,831.4% during the 2nd quarter. Federated Investors Inc. PA now owns 2,646 shares of the oil and gas company’s stock valued at $151,000 after purchasing an additional 2,509 shares during the period. Janney Montgomery Scott LLC bought a new stake in shares of Seacor during the 2nd quarter valued at $206,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Seacor during the 2nd quarter valued at $207,000. Finally, Klingenstein Fields & Co. LLC bought a new stake in shares of Seacor during the 2nd quarter valued at $208,000. Institutional investors own 91.58% of the company’s stock.

Several analysts have issued reports on the company. Zacks Investment Research lowered Seacor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 2nd. TheStreet upgraded Seacor from a “c+” rating to a “b” rating in a research note on Wednesday, August 1st.

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About Seacor

SEACOR Holdings Inc, a diversified holding company, engages in transportation, and logistics and risk management consultancy businesses in the United States and internationally. The company's Ocean Transportation & Logistics Services segment owns and operates a diversified fleet of marine transportation, and towing and bunkering assets.

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