Yousif Capital Management LLC Sells 1,670 Shares of Bristow Group Inc. (NYSE:VTOL)

Posted by on Aug 9th, 2023

Yousif Capital Management LLC lowered its stake in Bristow Group Inc. (NYSE:VTOL – Free Report) by 11.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,315 shares of the company’s stock after selling 1,670 shares during the quarter. Yousif Capital Management LLC’s holdings in Bristow Group were worth $298,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. EMC Capital Management grew its position in shares of Bristow Group by 138.2% during the fourth quarter. EMC Capital Management now owns 979 shares of the company’s stock worth $27,000 after purchasing an additional 568 shares in the last quarter. Tower Research Capital LLC TRC grew its position in shares of Bristow Group by 132.9% during the third quarter. Tower Research Capital LLC TRC now owns 1,910 shares of the company’s stock worth $45,000 after purchasing an additional 1,090 shares in the last quarter. UBS Group AG grew its position in shares of Bristow Group by 4,588.4% during the third quarter. UBS Group AG now owns 2,016 shares of the company’s stock worth $47,000 after purchasing an additional 1,973 shares in the last quarter. Captrust Financial Advisors grew its position in shares of Bristow Group by 76.1% during the first quarter. Captrust Financial Advisors now owns 1,444 shares of the company’s stock worth $54,000 after purchasing an additional 624 shares in the last quarter. Finally, Counterpoint Mutual Funds LLC purchased a new stake in shares of Bristow Group during the first quarter worth about $113,000. Institutional investors own 94.43% of the company’s stock.

Bristow Group Stock Performance

NYSE:VTOL opened at $30.58 on Wednesday. The company has a current ratio of 1.83, a quick ratio of 1.52 and a debt-to-equity ratio of 0.66. Bristow Group Inc. has a 12-month low of $20.08 and a 12-month high of $31.89. The stock has a 50-day moving average price of $28.07 and a 200 day moving average price of $25.89. The stock has a market capitalization of $861.74 million, a P/E ratio of 139.01 and a beta of 1.38.

Insider Buying and Selling

In other Bristow Group news, major shareholder Alternative Asset Manage Solus sold 33,318 shares of the firm’s stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $25.35, for a total transaction of $844,611.30. Following the completion of the transaction, the insider now owns 3,721,665 shares in the company, valued at approximately $94,344,207.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Bristow Group news, EVP David F. Stepanek sold 7,333 shares of the firm’s stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $25.09, for a total transaction of $183,984.97. Following the completion of the transaction, the executive vice president now owns 42,180 shares in the company, valued at approximately $1,058,296.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Alternative Asset Manage Solus sold 33,318 shares of the firm’s stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $25.35, for a total value of $844,611.30. Following the transaction, the insider now owns 3,721,665 shares of the company’s stock, valued at approximately $94,344,207.75. The disclosure for this sale can be found here. 15.00% of the stock is currently owned by company insiders.

Bristow Group Profile

(Free Report)

Bristow Group Inc provides vertical flight solutions. It primarily offers aviation services to integrated, national, and independent offshore energy companies and government agencies. It also provides personnel transportation, search and rescue (SAR), medevac, ad hoc helicopter, and fixed wing transportation services, as well as logistical and maintenance support, training services, and flight and maintenance crews.

See Also

Institutional Ownership by Quarter for Bristow Group (NYSE:VTOL)

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