NE Noble Corp plc Insider Trading

SVP of Operations sells 40,000 shares for $2M, half his holdings; stock trades below recent highs as company remains profitable.

Joey M Kawaja, SVP of Operations at Noble Corp, sold 40,000 shares—half his total holdings—in a single transaction worth approximately $2 million. This represents a significant reduction in his personal stake at a time when the stock is trading noticeably below its recent highs, suggesting he may be diversifying while the company is still operationally strong and profitable. Kawaja has now sold shares on three separate occasions, and his most recent prior sale resulted in the stock posting modest gains afterward, indicating that particular exit was poorly timed. However, a second prior sale from late 2024 remains too recent to evaluate, so a complete pattern of his selling success cannot yet be determined. The underlying company shows solid fundamentals—it's profitable with growing revenue—making this a measured exit from a fundamentally sound business rather than a distress sale.

SVP Blake sells roughly half his Noble Corp stake; prior exits at this stock have shown poor timing.

Denton Blake, SVP of Marketing & Contracts, sold approximately half his Noble Corp holdings in a single transaction. This represents his third sale at Noble on record, following two prior dispositions—though the outcome of his oldest sale remains too recent to evaluate. His most recent prior sale at Noble earlier this year saw the stock rise afterward, indicating poor timing on that exit. The company itself is profitable and growing revenue, and the stock remains slightly below its year highs, but Blake's divestiture adds to a pattern of open-market sales with no open-market purchases in his filing history. The sale occurred as the stock pulled back modestly from recent peaks, though it is still elevated compared to its 52-week low.