Transocean (RIG) Message Board

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Gold/Mining/Energy : Transocean (RIG)

RIG 4.010

-0.5%

9:30 AM EST

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From: FJB	7/12/2021 10:34:43 PM
	of 366

Over the last year, we can see that the biggest insider purchase was by Independent Director Frederik Mohn for US$21m worth of shares, at about US$4.20 per share. So it's clear an insider wanted to buy, at around the current price, which is US$4.49. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Transocean share holders is that insiders were buying at near the current price. finance.yahoo.com

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