SDRL insider Torsten Sauer-Petersen sells entire 42.6K share stake for $1.9M at $44.68
Torsten Sauer-Petersen liquidated his complete shareholding of 42,625 shares, exiting a position entirely rather than retaining any equity stake. The transaction occurred at $44.68 per share, now $44.64, positioning the sale near current market levels. SEADRILL faces fundamental headwinds: the company reported net income of $-7,000,000.00 over its most recent full fiscal year and remains unprofitable despite $358.0M in quarterly revenue. The stock is trading 19.5% below its 52-week high and down 10.8% over the last 30 days. Complete liquidation by an insider in a capital-intensive offshore drilling business while the firm operates at a loss merits investor attention to capital allocation pressures and insider confidence levels.