These are top 10 stocks traded on the Robinhood UK platform in July
Christopher Pucillo, a director and significant shareholder of Bristow Group Inc. (NYSE:VTOL), recently sold 40,000 shares of the company’s common stock. The shares were sold at a weighted average price of $32.29, resulting in total proceeds of approximately $1.29 million. This transaction leaves Pucillo with a remaining balance of 3,122,653 shares, held indirectly through certain funds and accounts managed by Solus Alternative Asset Management LP and its affiliates.
The sale was executed on March 24, 2025, as disclosed in a Form 4 filing with the Securities and Exchange Commission. The shares were sold in multiple transactions, with prices ranging from $32.20 to $32.445 per share. The reporting persons involved in the transaction, including Solus Alternative Asset Management LP and Solus GP LLC, have disclosed that they do not claim beneficial ownership of the shares beyond their pecuniary interest.
Investors may find this transaction noteworthy as it reflects the trading activities of a significant stakeholder within the company. According to InvestingPro, VTOL maintains a "GOOD" financial health score, with analyst price targets ranging from $47 to $50. For deeper insights into VTOL’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Bristow Group Inc. reported its fourth-quarter 2024 financial results, significantly surpassing earnings expectations. The company achieved an earnings per share (EPS) of $1.07, greatly exceeding the forecasted $0.61, and reported revenues of $353.53 million, slightly above the predicted $349.85 million. This performance highlights the company’s strong operational capabilities, particularly in offshore energy services and government contracts. Additionally, Bristow Group has realigned its business segments to better reflect its diverse service offerings, including Offshore Energy Services and government services. The company’s 2025 revenue projections remain between $1.4 billion and $1.6 billion, with adjusted EBITDA expected to range from $230 million to $260 million. Analysts from Evercore and The Benchmark Company have expressed interest in Bristow’s growth dynamics, particularly in offshore energy services. Bristow Group’s management has also laid out a new capital allocation framework, focusing on maintaining a strong balance sheet, pursuing growth opportunities, and initiating quarterly dividend payments by 2026.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.