Transocean (NYSE:RIG) Stock Crosses Above 200 Day Moving Average – Time to Sell?

10 Jan 2026, 20:30 by Doug Wharley · The Cerbat Gem

Transocean Ltd. (NYSE:RIG – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.45 and traded as high as $4.30. Transocean shares last traded at $4.2650, with a volume of 42,886,412 shares traded.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on RIG shares. Susquehanna upped their price objective on shares of Transocean from $4.50 to $5.00 and gave the company a “positive” rating in a research report on Wednesday. JPMorgan Chase & Co. restated an “underweight” rating on shares of Transocean in a research note on Wednesday, December 10th. Morgan Stanley set a $4.50 price objective on shares of Transocean in a research note on Monday, December 15th. Citigroup boosted their price target on Transocean from $4.25 to $4.50 and gave the stock a “neutral” rating in a research report on Thursday, December 11th. Finally, Barclays upped their target price on shares of Transocean from $4.00 to $4.50 and gave the company an “overweight” rating in a report on Wednesday, November 5th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Transocean has an average rating of “Hold” and a consensus target price of $4.47.

Check Out Our Latest Report on RIG

Transocean Stock Performance

The company’s 50 day moving average is $4.14 and its 200 day moving average is $3.46. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.08 and a quick ratio of 0.91.

Transocean (NYSE:RIG – Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The offshore drilling services provider reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.02. Transocean had a negative net margin of 75.71% and a positive return on equity of 0.45%. The firm had revenue of ($1,894.00) million during the quarter, compared to the consensus estimate of $1.01 billion. The company’s quarterly revenue was up 8.4% compared to the same quarter last year. On average, analysts predict that Transocean Ltd. will post 0.14 EPS for the current year.

Insider Buying and Selling at Transocean

In other news, EVP Roderick James Mackenzie sold 35,000 shares of the company’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $4.48, for a total transaction of $156,800.00. Following the completion of the sale, the executive vice president directly owned 212,072 shares in the company, valued at approximately $950,082.56. This represents a 14.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Keelan Adamson sold 57,968 shares of the firm’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $4.50, for a total value of $260,856.00. Following the completion of the transaction, the chief executive officer owned 1,303,715 shares in the company, valued at $5,866,717.50. The trade was a 4.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 726,148 shares of company stock valued at $3,115,783 over the last ninety days. 12.27% of the stock is owned by corporate insiders.

Institutional Trading of Transocean

Large investors have recently bought and sold shares of the business. Benedict Financial Advisors Inc. acquired a new position in Transocean during the third quarter worth about $31,000. Vestmark Advisory Solutions Inc. bought a new stake in shares of Transocean during the 3rd quarter valued at approximately $31,000. Josh Arnold Investment Consultant LLC bought a new stake in shares of Transocean during the 2nd quarter valued at approximately $26,000. Elevation Point Wealth Partners LLC acquired a new position in Transocean during the 3rd quarter worth approximately $31,000. Finally, Blueshift Asset Management LLC bought a new position in Transocean in the 2nd quarter valued at approximately $27,000. 67.73% of the stock is owned by institutional investors and hedge funds.

Transocean Company Profile

(Get Free Report)

Transocean Ltd. is a leading international provider of offshore contract drilling services for the oil and gas industry. The company specializes in the operation of mobile drilling units, including ultra-deepwater drillships, semisubmersible rigs and high-specification jackup rigs. Transocean’s fleet is designed to meet complex drilling requirements, from ultra-deepwater well construction to shelf exploration and development projects.