VTOL - Major Purchase Alert: Alan Corbett Invests $260K In Bristow Group Stock | Benzinga
Alan Corbett, COO at Bristow Group (NYSE:VTOL), reported an insider buy on May 15, according to a new SEC filing.
What Happened: Corbett demonstrated confidence in Bristow Group by purchasing 7,664 shares, as reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value of the transaction is $260,576.
The latest market snapshot at Wednesday morning reveals Bristow Group shares down by 0.0%, trading at $35.85.
Unveiling the Story Behind Bristow Group
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: A Financial Overview
Revenue Growth: Bristow Group's revenue growth over a period of 3 months has been noteworthy. As of 31 ...