Hedge Funds Aren’t Crazy About Seadrill Ltd (SDRL) Anymore

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Company Name # of Hedge Funds # of Insiders Buying # of Insiders Selling
Diamond Offshore Drilling Inc (NYSE:DO) 17 0 0
Concho Resources Inc. (NYSE:CXO) 27 0 0
Cenovus Energy Inc (USA) (NYSE:CVE) 18 0 0
ENSCO PLC (NYSE:ESV) 30 0 0
Transocean LTD (NYSE:RIG) 41 0 0

Using the returns explained by the previously mentioned studies, average investors should always watch hedge fund and insider trading sentiment, and Seadrill Ltd (NYSE:SDRL) shareholders fit into this picture quite nicely.

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