SG Americas Securities LLC Acquires Shares of 36,849 Expro Group Holdings N.V. $XPRO

SG Americas Securities LLC bought a new stake in shares of Expro Group Holdings N.V. (NYSE:XPRO) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 36,849 shares of the company’s stock, valued at approximately $642,000.

A number of other hedge funds also recently bought and sold shares of XPRO. Price T Rowe Associates Inc. MD grew its holdings in shares of Expro Group by 20.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,030,884 shares of the company’s stock valued at $147,264,000 after buying an additional 1,878,245 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Expro Group by 8.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,383,833 shares of the company’s stock valued at $71,876,000 after purchasing an additional 432,477 shares during the last quarter. Jennison Associates LLC purchased a new position in shares of Expro Group in the fourth quarter worth $58,165,000. Qube Research & Technologies Ltd raised its position in Expro Group by 35.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,553,748 shares of the company’s stock worth $13,347,000 after buying an additional 405,168 shares during the last quarter. Finally, Boston Partners boosted its holdings in Expro Group by 6.9% in the third quarter. Boston Partners now owns 1,435,293 shares of the company’s stock worth $17,054,000 after purchasing an additional 92,888 shares during the last quarter. Institutional investors own 92.07% of the company’s stock.

Expro Group Trading Up 1.6%

NYSE:XPRO traded up $0.23 during trading hours on Tuesday, hitting $14.24. The company had a trading volume of 15,067 shares, compared to its average volume of 1,164,178. The company has a 50-day moving average of $15.61 and a 200 day moving average of $15.89. The company has a market cap of $1.62 billion, a P/E ratio of 44.52 and a beta of 0.90. The company has a current ratio of 2.13, a quick ratio of 1.76 and a debt-to-equity ratio of 0.06. Expro Group Holdings N.V. has a 1 year low of $8.24 and a 1 year high of $18.73.

Insider Buying and Selling at Expro Group

In other Expro Group news, Director Eileen Goss Whelley sold 6,168 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $15.14, for a total value of $93,383.52. Following the transaction, the director owned 47,648 shares of the company’s stock, valued at $721,390.72. This represents a 11.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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.

Wall Street Analyst Weigh In

XPRO has been the subject of a number of analyst reports. Freedom Capital upgraded Expro Group from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. KeyCorp upgraded Expro Group to a “neutral” rating in a report on Thursday, June 4th. Weiss Ratings lowered Expro Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, June 23rd. Barclays increased their price objective on shares of Expro Group from $21.00 to $23.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Finally, Piper Sandler upped their price target on shares of Expro Group from $13.00 to $16.00 and gave the company an “underweight” rating in a research note on Wednesday, April 15th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $19.33.

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.