Expro Group Holdings N.V. $XPRO Shares Purchased by Sei Investments Co.

Sei Investments Co. boosted its stake in Expro Group Holdings N.V. (NYSE:XPRO) by 36.2% in the first quarter, Holdings Channel reports. The fund owned 163,075 shares of the company’s stock after buying an additional 43,308 shares during the quarter. Sei Investments Co.’s holdings in Expro Group were worth $2,839,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of XPRO. US Bancorp DE raised its position in shares of Expro Group by 8.6% during the 3rd quarter. US Bancorp DE now owns 10,062 shares of the company’s stock valued at $120,000 after acquiring an additional 799 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in Expro Group by 0.3% in the fourth quarter. Wells Fargo & Company MN now owns 331,758 shares of the company’s stock worth $4,429,000 after purchasing an additional 945 shares during the period. Focus Partners Wealth boosted its holdings in Expro Group by 5.9% in the third quarter. Focus Partners Wealth now owns 17,147 shares of the company’s stock worth $206,000 after purchasing an additional 954 shares during the period. Jane Street Group LLC increased its stake in Expro Group by 3.1% during the fourth quarter. Jane Street Group LLC now owns 48,691 shares of the company’s stock valued at $650,000 after purchasing an additional 1,446 shares during the last quarter. Finally, Swiss National Bank increased its stake in Expro Group by 0.9% during the third quarter. Swiss National Bank now owns 190,100 shares of the company’s stock valued at $2,258,000 after purchasing an additional 1,700 shares during the last quarter. Institutional investors and hedge funds own 92.07% of the company’s stock.

Expro Group Stock Performance

Shares of XPRO opened at $16.98 on Friday. Expro Group Holdings N.V. has a 1 year low of $9.81 and a 1 year high of $18.73. The company has a market cap of $1.91 billion, a price-to-earnings ratio of 94.34 and a beta of 0.90. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.76 and a current ratio of 2.13. The firm has a fifty day moving average of $15.37 and a 200-day moving average of $16.18.

Expro Group (NYSE:XPRO) last announced its earnings results on Tuesday, July 28th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.02). The firm had revenue of $393.18 million for the quarter, compared to the consensus estimate of $387.36 million. Expro Group had a return on equity of 3.27% and a net margin of 1.33%.Expro Group’s revenue for the quarter was down 7.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.30 EPS. As a group, equities analysts anticipate that Expro Group Holdings N.V. will post 0.53 earnings per share for the current year.

Insider Activity at Expro Group

In other news, Director Eileen Goss Whelley sold 6,168 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $15.14, for a total value of $93,383.52. Following the sale, the director owned 47,648 shares of the company’s stock, valued at approximately $721,390.72. The trade was a 11.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on XPRO. KeyCorp upgraded shares of Expro Group to a “neutral” rating in a research report on Thursday, June 4th. Barclays dropped their price objective on shares of Expro Group from $20.00 to $19.00 and set an “overweight” rating on the stock in a research note on Friday, July 31st. Piper Sandler raised their target price on shares of Expro Group from $13.00 to $16.00 and gave the stock an “underweight” rating in a report on Wednesday, April 15th. Zacks Research upgraded Expro Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 15th. Finally, Freedom Capital raised Expro Group from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $18.00.

Expro Group Company Profile

Expro Group plc is a global energy services company that specializes in well flow management and well testing solutions for the oil and gas industry. The company’s core offerings include wellhead and pressure control systems, downhole well construction tools, subsea intervention services, and integrated tubular running services. These capabilities enable exploration and production companies to optimize well performance, enhance safety and mitigate operational risk throughout the drilling, completion and intervention phases of the well life cycle.

Founded in 1973, Expro has grown both organically and through targeted acquisitions to establish a presence in more than 30 countries.