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Noble Corporation Plc (NE)'s Denton Blake Sells 29,729 Class A Ordinary Shares at a Weighted Average Price of $29.78

By Faheem Tahir | September 24, 2025, 8:12 PM

With significant upside potential, Noble Corporation Plc (NYSE:NE) secures a spot on our list of the 11 Best Retirement Stocks to Buy According to Analysts.

Noble Corporation Plc (NE)’s Denton Blake Sells 29,729 Class A Ordinary Shares at a Weighted Average Price of $29.78
Tyler Olson / Shutterstock.com

On September 8, 2025, Noble Corporation Plc (NYSE:NE)’s Senior Vice President of the Marketing and Contracts segment, Denton Blake, sold 29,729 Class A Ordinary Shares at a weighted average price of $29.78, totaling about $885,000.

The transaction was carried out within a price range of $29.76 to $29.85, leaving Blake with direct ownership of 83,182 shares of Noble Corporation Plc (NYSE:NE). This transaction shortly followed the company’s Q2 results, where it reported earnings per share of $0.13, which was well below forecasts of $0.51. Meanwhile, the company’s revenue of $848.65 million slightly exceeded forecasts, which were $842.74 million.

Noble Corporation Plc (NYSE:NE) functions as an offshore drilling contractor for the global oil and gas industry. It secures a place in the Best Retirement Portfolio.

While we acknowledge the potential of NE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 15 Stocks That Will Benefit From AI and 14 Best IT Stocks to Buy for the Long Term.

Disclosure: None.

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