Should You Avoid Transocean LTD (RIG)?

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Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
Diamond Offshore Drilling Inc (NYSE:DO) 17 0 1
Concho Resources Inc. (NYSE:CXO) 27 1 4
Cenovus Energy Inc (USA) (NYSE:CVE) 18 0 0
ENSCO PLC (NYSE:ESV) 30 1 12
Seadrill Ltd (NYSE:SDRL) 17 0 0

Using the returns explained by Insider Monkey’s strategies, regular investors must always keep one eye on hedge fund and insider trading sentiment, and Transocean LTD (NYSE:RIG) shareholders fit into this picture quite nicely.

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