VTOL - Bristow Group COO Makes $216K Stock Purchase | Benzinga
A significant insider buy by Stuart Stavley, COO at Bristow Group (NYSE:VTOL), was executed on May 15, and reported in the recent SEC filing.
What Happened: In a significant move reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, Stavley purchased 6,382 shares of Bristow Group, demonstrating confidence in the company's growth potential. The total value of the transaction stands at $216,988.
The latest market snapshot at Wednesday morning reveals Bristow Group shares down by 0.0%, trading at $35.85.
Discovering Bristow Group: A Closer Look
Bristow Group Inc is the provider of vertical flight solutions. It provides aviation services to a broad base of integrated, national, and independent energy companies. The company provides commercial search and rescue (SAR) services in multiple countries and public sector SAR services in the United Kingdom on behalf of the Maritime & Coastguard Agency (MCA). Additionally, it offers fixed-wing transportation and other aviation-related solutions. Its energy customers charter its helicopters to transport personnel to, from, and between onshore bases and offshore production platforms, drilling rigs, and other installations. It has customers in Australia, Brazil, Canada, Chile, Colombia, Guyana, India, Mexico, Nigeria, Norway, Spain, Suriname, Trinidad, the U.K. and the United States.
Bristow Group's Financial Performance
Revenue ...