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Noble Corp PLC (OTC:NE) SVP, Marketing & Contracts, Denton Blake, sold 29,729 shares of A Ordinary Shares on September 8, 2025. The sales were executed at a weighted average price of $29.78, resulting in a total transaction value of $885,329.
The prices received for the shares ranged from $29.76 to $29.85. While this insider sale has occurred, InvestingPro data reveals management has been actively buying back shares, demonstrating confidence in the company’s outlook. Following the transaction, Denton Blake directly owns 83,182 shares of Noble Corp PLC. For deeper insights into Noble Corp’s valuation and 8 additional exclusive ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Noble Corp reported its second-quarter earnings, which fell short of expectations. The company announced earnings per share of $0.13, significantly below the forecasted $0.51. However, Noble Corp slightly exceeded revenue expectations, reporting $848.65 million against a forecast of $842.74 million. Additionally, the company disclosed the resignation of its chief accounting officer, Jennifer Yeung. Her resignation, effective September 19, was not due to any disagreements with the company’s operations, policies, or practices. These developments reflect ongoing changes within Noble Corp as it navigates its financial and operational landscape. The company continues to focus on its long-term growth strategies despite the recent earnings miss.
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