Teachers Advisors LLC boosted its stake in Geospace Technologies Corporation (NASDAQ:GEOS) by 20.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,061 shares of the oil and gas company’s stock after purchasing an additional 4,291 shares during the period. Teachers Advisors LLC owned about 0.19% of Geospace Technologies Corporation worth $347,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in shares of Geospace Technologies Corporation by 9.2% during the first quarter. Vanguard Group Inc. now owns 634,973 shares of the oil and gas company’s stock valued at $10,305,000 after buying an additional 53,427 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Geospace Technologies Corporation by 7.1% during the first quarter. Dimensional Fund Advisors LP now owns 357,941 shares of the oil and gas company’s stock valued at $5,809,000 after buying an additional 23,618 shares during the period. Bank of America Corp DE increased its stake in shares of Geospace Technologies Corporation by 11.2% during the first quarter. Bank of America Corp DE now owns 77,067 shares of the oil and gas company’s stock valued at $1,251,000 after buying an additional 7,789 shares during the period. Geode Capital Management LLC increased its stake in shares of Geospace Technologies Corporation by 5.6% during the first quarter. Geode Capital Management LLC now owns 109,010 shares of the oil and gas company’s stock valued at $1,769,000 after buying an additional 5,742 shares during the period. Finally, Principal Financial Group Inc. increased its stake in shares of Geospace Technologies Corporation by 4.5% during the first quarter. Principal Financial Group Inc. now owns 102,116 shares of the oil and gas company’s stock valued at $1,657,000 after buying an additional 4,374 shares during the period. 76.50% of the stock is currently owned by institutional investors and hedge funds.

Separately, ValuEngine raised Geospace Technologies Corporation from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 3rd.

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Geospace Technologies Corporation (NASDAQ GEOS) opened at $15.54 on Friday. Geospace Technologies Corporation has a 12 month low of $13.08 and a 12 month high of $24.37.

Geospace Technologies Corporation Company Profile

Geospace Technologies Corporation designs and manufactures instruments and equipment used by the oil and gas industry to acquire seismic data in order to locate, characterize and monitor hydrocarbon producing reservoirs. The Company also designs and manufactures non-seismic products, including industrial products, offshore cables and imaging equipment.

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Institutional Ownership by Quarter for Geospace Technologies Corporation (NASDAQ:GEOS)

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