Insider Trading March 6, 2026

Tidewater CFO Disposes $1.8 Million in Shares Amid Strong Quarterly Results

Rubio Samuel R sold 22,461 Tidewater shares; company reporting better-than-expected earnings and an upgraded analyst target

By Marcus Reed TDW
Tidewater CFO Disposes $1.8 Million in Shares Amid Strong Quarterly Results
TDW

Tidewater Inc. Executive Vice President, Chief Financial Officer and Chief Administrative Officer Rubio Samuel R sold 22,461 shares of Tidewater common stock on March 5, 2026, generating proceeds of $1,798,003. The transaction occurred at prices between $80.01 and $80.51. The sale follows a year in which Tidewater shares have climbed nearly 90% and comes after fourth-quarter 2025 results that substantially beat estimates and a Raymond James price-target increase.

Key Points

  • Rubio Samuel R sold 22,461 Tidewater shares on March 5, 2026, for $1,798,003 at prices between $80.01 and $80.51; he now directly owns 60,066 shares.
  • Tidewater shares have climbed nearly 90% over the past year and are trading at $77.79.
  • Tidewater exceeded Q4 2025 expectations with EPS of $4.41 versus $0.79 forecast and revenue of $336.8 million versus $332.83 million forecast; Raymond James raised its price target from $75 to $117 and kept an Outperform rating.

Tidewater Inc (NYSE:TDW) reported an insider sale this week as Executive Vice President, Chief Financial Officer and Chief Administrative Officer Rubio Samuel R disposed of 22,461 shares of the company’s common stock on March 5, 2026. The total proceeds from the transaction amounted to $1,798,003, with the shares transacted at prices ranging from $80.01 to $80.51.

Following the sale, Rubio Samuel R retains direct ownership of 60,066 Tidewater shares.

The insider transaction occurs against a backdrop of strong recent performance for Tidewater’s stock. Shares have advanced nearly 90% over the past 12 months and at present are trading at $77.79.

Independent analysis from InvestingPro cited in company reporting indicates the stock is still assessed as undervalued versus its Fair Value and assigns Tidewater a financial health score of "GREAT" at 3.55.


Recent financial results and analyst action

Tidewater also released fourth-quarter 2025 results that outperformed market expectations. The company posted earnings per share of $4.41, substantially above the consensus forecast of $0.79. Revenue for the quarter reached $336.8 million, exceeding the $332.83 million estimate.

Following those results, Raymond James adjusted its price target for Tidewater stock upward from $75 to $117 while reaffirming an Outperform rating. The firm cited Tidewater’s strong cash flow and operational uptime that exceeded expectations as drivers of the target increase.

In addition, Tidewater reported consolidated EBITDA growth of 6% for 2025, a result achieved despite forecasts that had anticipated a flat or declining year.


Context and takeaway

The insider sale, company financial outperformance and an upgraded analyst target together present a mixed set of signals for market participants. The transaction is a factual record of insider activity, while the company’s reported results and the analyst revision are concrete indicators of recent operating and financial strength.

Risks

  • Share-price volatility: the stock’s nearly 90% rise over the past year indicates heightened market movement that could affect investor returns and trading behavior in the equity markets.
  • Analyst and market reassessment: while Raymond James raised its target citing cash flow and uptime, future analyst opinions and price targets may change, introducing uncertainty for investors in the stock market and related capital markets.
  • Interpretation of insider transactions: the CFO’s sale is a recorded insider activity that market participants may interpret in different ways, creating uncertainty in investor sentiment and short-term equity market reactions.

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