Noble (NYSE:NE) SVP Sells $858,234.75 in Stock

Noble Corporation PLC (NYSE:NE) SVP Joey Kawaja sold 19,725 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $43.51, for a total transaction of $858,234.75. Following the transaction, the senior vice president directly owned 80,074 shares in the company, valued at $3,484,019.74. This trade represents a 19.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Noble Price Performance

Shares of Noble stock opened at $45.37 on Friday. The firm has a fifty day moving average price of $33.81 and a two-hundred day moving average price of $30.81. Noble Corporation PLC has a fifty-two week low of $17.40 and a fifty-two week high of $46.31. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.67 and a quick ratio of 1.67. The company has a market cap of $7.22 billion, a PE ratio of 33.60 and a beta of 1.12.

Noble (NYSE:NE) last released its earnings results on Wednesday, February 11th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.06). Noble had a net margin of 6.60% and a return on equity of 2.34%. The company had revenue of $764.41 million during the quarter. During the same period in the previous year, the firm posted $0.56 EPS. The business’s revenue for the quarter was down 17.6% compared to the same quarter last year. Analysts expect that Noble Corporation PLC will post 2.99 EPS for the current year.

Noble Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Wednesday, March 4th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Wednesday, March 4th. Noble’s dividend payout ratio (DPR) is presently 148.15%.

Noble News Roundup

Here are the key news stories impacting Noble this week:

• Positive Sentiment: Noble disclosed a quarterly dividend of $0.50 (annualized $2.00), a ~4.5% yield with an ex-dividend date of March 4 — a near-term income draw for yield-focused holders. MarketBeat: NE stock page (dividend details)
• Neutral Sentiment: Zacks published a momentum-focused piece on NE, which may attract momentum traders but doesn’t contain new company-specific catalysts. Zacks: What Makes NE a Strong Momentum Stock?
• Neutral Sentiment: Several sell‑side firms raised price targets recently (JPMorgan, BTIG, Susquehanna), which can be constructive for medium-term valuation. However, these reports largely kept Neutral/Hold stances or set targets near or below recent trade levels, muting immediate bullish impact. Benzinga: analyst notes
• Negative Sentiment: Barclays downgraded NE from Overweight to Equal Weight while raising its target to $41, signaling a more cautious stance; the $41 target implies downside versus recent prices and likely pressures sentiment. The Fly: Barclays downgrades Noble
• Negative Sentiment: Multiple senior executives disclosed sizable insider sales this week (e.g., Blake Denton, Joey M. Kawaja, Jennie Howard, Mikkel Ipsen, Caroline Alting). These filings show meaningful reductions in insider holdings and can be interpreted as a negative signal for near-term insider confidence. InsiderTrades: Insider selling summary

Analyst Ratings Changes

NE has been the topic of a number of recent research reports. BTIG Research lifted their price target on shares of Noble from $35.00 to $42.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. JPMorgan Chase & Co. raised their price objective on shares of Noble from $33.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday. Noble Financial lowered shares of Noble to a “market perform” rating in a research report on Monday, December 1st. Evercore set a $45.00 price target on shares of Noble in a research report on Friday, February 13th. Finally, Zacks Research upgraded shares of Noble from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Noble currently has a consensus rating of “Hold” and a consensus target price of $38.63.

Institutional Trading of Noble

Hedge funds have recently modified their holdings of the company. Westside Investment Management Inc. raised its stake in shares of Noble by 156.4% in the third quarter. Westside Investment Management Inc. now owns 864 shares of the company’s stock valued at $25,000 after acquiring an additional 527 shares during the last quarter. Salomon & Ludwin LLC bought a new stake in Noble during the 3rd quarter worth approximately $40,000. GAMMA Investing LLC increased its holdings in Noble by 77.8% during the 4th quarter. GAMMA Investing LLC now owns 1,440 shares of the company’s stock valued at $41,000 after purchasing an additional 630 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Noble by 819.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,601 shares of the company’s stock valued at $69,000 after purchasing an additional 2,318 shares during the last quarter. Finally, Strs Ohio bought a new position in Noble in the 1st quarter valued at $142,000. Institutional investors and hedge funds own 68.14% of the company’s stock.

About Noble

Noble Corp. Plc engages in the provision offshore drilling services for oil and gas industry. It focuses on a balanced fleet of floating and jackup rigs and the deployment of drilling rigs in oil and gas basins around the world. The company was founded by Lloyd Noble and Art Olson in 1921 and is headquartered in London, the United Kingdom.