Tidewater Stock Has Surged Nearly 70% This Year, but One Fund Sold $5 Million in Shares Before the Rally

2026-03-04 11:29:32 ET

On February 17, 2026, Grizzlyrock Capital disclosed a sale of 94,075 shares of Tidewater (NYSE:TDW) , an estimated $4.97 million trade based on quarterly average pricing.

According to a filing with the Securities and Exchange Commission (SEC) dated February 17, 2026, Grizzlyrock Capital reduced its position in Tidewater (NYSE:TDW) by 94,075 shares during the fourth quarter of 2025. The estimated transaction value was $4.97 million based on the quarter’s average unadjusted closing price. The quarter-end value of the remaining stake fell by $5.12 million, capturing both share sales and market price movement.

Tidewater is a leading provider of marine support services to the global offshore energy industry, operating a diverse fleet that enables critical exploration, development, and production activities. The company leverages its scale and technical expertise to serve both traditional oil and gas markets as well as the growing offshore wind sector. Its established customer relationships and comprehensive service offerings provide a competitive advantage in a cyclical and capital-intensive industry.

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