Director Robert Robotti buys 25,000 TDW shares for $1.1M across 2 trades, now holding 2.23M shares; prior TDW trades mixed, stock down 60.3% from 52-week peak.
Robert Robotti (Director) executed 2 separate purchases totaling 25,000 shares for $1,052,147.50 at an average price of $42.09, increasing his holdings to 2,234,957 shares. Tidewater's stock currently trades at $42.23, near the transaction price, after declining 60.3% from its 52-week high of $106.47, though it has gained 5.0% over the past 30 days. Robotti's own record at TDW shows mixed outcomes: his 5 prior trades include 2 outright losses at the 30-day mark (−11.9%, −15.1%) and only 1 of 3 measureable buys achieved positive 90-day returns (+4.4%), suggesting this insider's entry timing at this specific ticker has not been reliable. Despite the company's strong fundamentals (annual revenue growth of +33.2%, P/E of 11.86, revenue of $333.4M, and net income of $42.7M), his cross-ticker track record shows that among 7 prior buys, only a 20.00% 90-day win rate, indicating limited overall predictive power from his buying decisions.