TDW - Insider Unloading: David Darling Sells $1.46M Worth Of Tidewater Shares | Benzinga
Disclosed on March 7, David Darling, EVP at Tidewater (NYSE:TDW), executed a substantial insider sell as per the latest SEC filing.
What Happened: Darling's decision to sell 17,821 shares of Tidewater was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value of the sale is $1,462,747.
Tidewater's shares are actively trading at $81.0, experiencing a up of 1.64% during Friday's morning session.
All You Need to Know About Tidewater
Tidewater Inc provides offshore service vessels and marine support services to the offshore energy industry through the operation of a diversified fleet of marine service vessels. The company's vessels and associated vessel services provide support for all phases of offshore exploration, field development, and production. These services include towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and remotely operated vehicle operations, and a variety of specialized services. The company operates in the following principal geographical areas the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. The majority of its revenue is derived from West Africa.
Key Indicators: Tidewater's Financial Health
Revenue Growth: Tidewater displayed positive results in 3 months. As of 31 December, 2023, the company ...