:

💼 Insider Buys | 🌊 Offshore Energy | 💰 Value Plays | June 5, 2025
📈 Ticker: TDW 🌊
💵 Price: $42.23 ⬆️ +0.13 (+0.31%)
📍 HQ: Houston, TX (Where the tide turns... with oil)

🚨 Trigger Alert: Robotti Rides Again

Director Robert Robotti has been scooping up shares like he’s prepping for a Wall Street hurricane. Over the last 6+ months, he's added tens of thousands of shares, across multiple purchases—some over $1M each.

Here’s the short version:

• 📅 June 3, 2025: 25,000 shares @ $42.09 = 💵 $1.05M

• 📅 May 30, 2025: 560 shares @ $40.55 = 💵 $22.7K

• 📅 March 13, 2025: 25,000 shares @ $40.11 = 💵 $1.0M

• ...and so on.

Also featuring: CEO Quintin Kneen, who casually grabbed 41,615 shares (at $48.06 a share) for nearly $2M. That’s not a toe in the water. That’s a cannonball.

💡 Fun Fact: Robotti also chairs Pulse Seismic, the seismic data giant in Canada. So yes—he knows when tremors become tsunamis.

🐋 Institutions Are All In

Institutional ownership: 106.01% of float. Yes, more shares than exist. We don’t make the math; we just report it. 🧮🤷

👔 Top Holders:

• 🧱 BlackRock: 14.13%

• 📊 Vanguard: 10.80%

• 💼 T. Rowe Price: 7.89%

• 📈 Robotti himself: 5.77% (he brought his own surfboard)

🔍 For full Institutional Ownership breakdown, see here.

🛥️ What Tidewater Does

Tidewater provides offshore support vessels to the oil, gas, and wind industries. Think:

• 🌊 Anchor handling

• 🌬️ Windfarm development

• 🔍 Seismic & subsea support

• ⚓ Offshore rig assistance
  Basically, if it floats and drills or spins in water, Tidewater is probably helping out.

💸 Q1 2025 Financials – Smooth Sailing

• Revenue: $333.4M 🟢 (+3.8% YoY)

• Average Day Rate: $22,303 ⚓ (+14%)

• Net Income: $42.7M

• Adjusted EBITDA: $154.2M

• Free Cash Flow: $94.7M 💰

🛒 Share buybacks: 2.5M shares retired YTD
🧾 Share count reduced by nearly $100M in purchases = shareholder love 🧡

CEO Quote:

“Free cash flow during our largest drydock quarter? That’s performance.”

👉 Want the full picture? Dive into Tidewater’s financials here.

📊 Valuation Snapshot – Still on Clearance?

• P/E: 12.64 ✅

• Forward P/E: 14.53 ✅

• Price/Sales: 1.64 (down from 4.82 a year ago!) 💥

• Price/Book: 1.88 (vs 4.67 last year!) 📉

• EV/EBITDA: 5.13 (was 16.66!) 🤑

🏷️ Translation: This boat might still be underpriced. Value investors, take note.

⚠️ But the Waters Aren’t Perfectly Calm

🔻 Risks include:

• ⚖️ Sluggish revenue growth — Tidewater isn’t a tidal wave yet

• 🌍 Macroeconomic whiplash (oil prices, trade tensions, OPEC drama)

• 🛢️ Oil’s still not a green darling

• 🐻 A broader market selloff could sink everything, even boats

Interested in another investment idea?
Check our take on UnitedHealth Group.

🧭 Final Thoughts: Surfboard or Lifeboat?

Tidewater might not be making headlines yet—but key insiders, major institutions, and the company’s own share buybacks say they see the wave forming. With solid margins, real free cash flow, and a dirt-cheap valuation, TDW could be prepping for something bigger.

📉 Still, no dividend. Still, macro clouds on the horizon. Still, only for investors who can stomach the deep sea and love a good ship-shaking opportunity.

Disclaimer: We’re not financial lifeguards. Swim (or invest) with caution. 🌊🐟

🧭 Want More Like This?

👉 Browse our Insider Purchases Center
👉 Explore our Follow the Pundits Hub: When Big Bets Matter or our Young Guns & Turnaround Stocks 
👉 Dive into Stock Market Humor & Serious-ish Plays
👉 For even older brands on new missions, explore our Corporate Resurrection Series. Nope, doesn't exist anymore.