Bristow group director sells $160,546 of common stock

Brian D. Truelove, a director at Bristow Group Inc. (NASDAQ:VTOL), sold 3,500 shares of the company’s common stock on September 1, 2026, for a total value of $160,546. The shares were sold in multiple transactions at prices ranging from $45.87 to $45.88 per share.

Following these transactions, Mr. Truelove directly owns 35,728 shares of Bristow Group common stock. The sale comes as VTOL trades near $45.35 with a market cap of $1.34 billion and a P/E ratio of 13.07. According to InvestingPro analysis, the stock appears undervalued at current levels, with a Fair Value suggesting upside potential. The company maintains a "GOOD" financial health score.

In other recent news, Bristow Group reported mixed results for its second quarter of 2026. The company achieved revenue of $411.8 million, surpassing Wall Street’s estimate of $407.28 million. However, the adjusted earnings per share came in at $0.44, significantly below the forecasted $1.01. Despite the earnings miss, management reaffirmed their full-year outlook and highlighted stronger cash generation. These developments are part of the latest updates concerning Bristow Group. Analysts and investors are closely monitoring the company’s financial performance and strategic direction. The focus remains on how Bristow Group will address the earnings shortfall while maintaining its revenue growth.