Edward Chipman Earle Acquires 15,633 Shares of Orion Group Holdings, Inc. (NYSE:ORN) Stock

Orion Group Holdings, Inc. (NYSE:ORN) EVP Edward Chipman Earle bought 15,633 shares of Orion Group stock in a transaction dated Friday, September 13th. The shares were bought at an average cost of $6.05 per share, for a total transaction of $94,579.65. Following the completion of the acquisition, the executive vice president now owns 86,235 shares in the company, valued at approximately $521,721.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Orion Group Price Performance

Shares of ORN traded up $0.29 during trading hours on Monday, hitting $6.34. 375,772 shares of the company were exchanged, compared to its average volume of 398,357. The company has a market cap of $208.31 million, a price-to-earnings ratio of -18.31, a P/E/G ratio of 3.53 and a beta of 0.83. Orion Group Holdings, Inc. has a fifty-two week low of $4.09 and a fifty-two week high of $12.12. The company has a quick ratio of 1.32, a current ratio of 1.33 and a debt-to-equity ratio of 0.52. The firm’s fifty day moving average is $7.99 and its 200 day moving average is $8.42.

Orion Group (NYSE:ORN) last announced its quarterly earnings data on Wednesday, July 24th. The construction company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.19). Orion Group had a negative return on equity of 4.81% and a negative net margin of 2.45%. The business had revenue of $192.17 million for the quarter, compared to the consensus estimate of $194.83 million. During the same quarter in the prior year, the company earned ($0.14) earnings per share. On average, equities analysts anticipate that Orion Group Holdings, Inc. will post 0.06 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, B. Riley increased their target price on Orion Group from $9.50 to $12.50 and gave the stock a “buy” rating in a report on Tuesday, June 4th.

Institutional Trading of Orion Group

Institutional investors and hedge funds have recently modified their holdings of the business. G2 Investment Partners Management LLC lifted its position in shares of Orion Group by 715.1% during the 4th quarter. G2 Investment Partners Management LLC now owns 481,974 shares of the construction company’s stock worth $2,381,000 after buying an additional 422,842 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Orion Group by 8.2% during the 1st quarter. Empowered Funds LLC now owns 220,191 shares of the construction company’s stock worth $1,806,000 after buying an additional 16,625 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new stake in shares of Orion Group during the 1st quarter worth $83,000. Bailard Inc. bought a new stake in shares of Orion Group during the 2nd quarter worth $323,000. Finally, Russell Investments Group Ltd. lifted its position in shares of Orion Group by 4.6% during the 1st quarter. Russell Investments Group Ltd. now owns 659,197 shares of the construction company’s stock worth $5,405,000 after buying an additional 28,712 shares during the last quarter. 70.25% of the stock is currently owned by institutional investors.

Orion Group Company Profile

Orion Group Holdings, Inc operates as a specialty construction company in the building, industrial, and infrastructure sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin. It operates in two segments, Marine and Concrete. The company provides marine construction services, including construction, restoration, dredging, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures.