Natural Gas Services Group Inc. (NYSE:NGS) VP James R. Hazlett sold 3,333 shares of the firm’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $28.67, for a total transaction of $95,557.11. Following the completion of the transaction, the vice president now directly owns 60,890 shares in the company, valued at approximately $1,745,716.30. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Natural Gas Services Group Inc. (NYSE:NGS) opened at 29.45 on Friday. The firm has a market capitalization of $378.96 million, a price-to-earnings ratio of 44.69 and a beta of 0.89. The firm’s 50-day moving average is $24.70 and its 200 day moving average is $23.92. Natural Gas Services Group Inc. has a one year low of $15.96 and a one year high of $29.65.

Natural Gas Services Group (NYSE:NGS) last announced its quarterly earnings data on Thursday, November 3rd. The company reported $0.12 EPS for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.03. Natural Gas Services Group had a net margin of 10.64% and a return on equity of 3.78%. The firm had revenue of $16.20 million for the quarter, compared to the consensus estimate of $17.39 million. During the same period in the previous year, the firm posted $0.20 earnings per share. The firm’s revenue was down 23.6% on a year-over-year basis. Analysts forecast that Natural Gas Services Group Inc. will post $0.49 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Natural Gas Services Group (NYSE:NGS)

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Teachers Advisors Inc. increased its position in shares of Natural Gas Services Group by 15.5% in the second quarter. Teachers Advisors Inc. now owns 29,854 shares of the company’s stock worth $684,000 after buying an additional 4,006 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Natural Gas Services Group by 78.3% in the second quarter. Franklin Resources Inc. now owns 379,800 shares of the company’s stock worth $8,697,000 after buying an additional 166,800 shares during the last quarter. BlackRock Investment Management LLC increased its position in shares of Natural Gas Services Group by 6.2% in the second quarter. BlackRock Investment Management LLC now owns 51,599 shares of the company’s stock worth $1,182,000 after buying an additional 2,999 shares during the last quarter. BlackRock Advisors LLC increased its position in shares of Natural Gas Services Group by 2.5% in the second quarter. BlackRock Advisors LLC now owns 6,503 shares of the company’s stock worth $149,000 after buying an additional 156 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Natural Gas Services Group by 3.7% in the second quarter. Dimensional Fund Advisors LP now owns 1,065,975 shares of the company’s stock worth $24,411,000 after buying an additional 38,244 shares during the last quarter. 89.31% of the stock is currently owned by hedge funds and other institutional investors.

NGS has been the topic of a number of research reports. Lake Street Capital raised their target price on shares of Natural Gas Services Group from $25.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, August 5th. Zacks Investment Research downgraded shares of Natural Gas Services Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 6th. TheStreet downgraded shares of Natural Gas Services Group from a “buy” rating to a “hold” rating in a research note on Monday, August 15th. Finally, Seaport Global Securities reissued a “neutral” rating on shares of Natural Gas Services Group in a research note on Friday, August 19th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $29.00.

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Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.

5 Day Chart for NYSE:NGS

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