Civeo CEO Dodson sells $865,614 in company shares

Civeo Corp (NASDAQ:CVEO) CEO Bradley J. Dodson sold 23,288 common shares of the company on November 2, 2026, for a total of approximately $865,614. The shares were sold multiple times at prices ranging from $37.00 to $37.63, with a weighted average price of $37.17 per share. After these sales, Dodson personally holds 238,178 common shares of Civeo Corp. Despite the current stock price of $34.25 being below his sale price, the shares have provided a 54% return over the past year.

Analysts believe Civeo Corp is currently undervalued, as indicated by InvestingPro analysis. The company recently reported better-than-expected financial results for Q3 2026, with earnings of $0.50 per diluted share and revenue of $193.1 million, beating Wall Street's expectations of a $0.27 loss per share and $174.05 million in revenue.

Furthermore, Civeo has increased its full-year guidance, signaling positive prospects for the remainder of the year, resulting in a profit of $5.2 million, or $0.50 per share, compared to a loss in the prior year.