TDW - Robert Robotti Takes a Bullish Stance: Acquires $124K In Tidewater Stock | Benzinga
In a recent SEC filing, it was revealed that Robert Robotti, Director at Tidewater (NYSE:TDW), made a noteworthy insider purchase on June 10,.
What Happened: In a Form 4 filing on Monday with the U.S. Securities and Exchange Commission, it was disclosed that Robotti bought 1,323 shares of Tidewater, amounting to a total of $124,944.
At Tuesday morning, Tidewater shares are down by 0.53%, trading at $105.3.
Discovering Tidewater: A Closer Look
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.
Tidewater: Delving into Financials
Positive Revenue Trend: Examining Tidewater's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of ...