Key Points
- Director Eileen Goss Whelley sold 6,168 shares of Expro Group at an average price of $15.14, totaling about $93,384. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
- After the transaction, Whelley still owned 47,648 shares valued at roughly $721,391, representing an 11.46% reduction in her position.
- Expro Group’s stock recently traded around $15.28, while analysts currently have a Hold consensus on the name with a $19.33 average price target.
Expro Group Holdings N.V. (NYSE:XPRO - Get Free Report) 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 transaction of $93,383.52. Following the completion of the sale, the director directly owned 47,648 shares in the company, valued at approximately $721,390.72. The trade was a 11.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Expro Group Price Performance
Shares of Expro Group stock opened at $15.28 on Thursday. The company has a current ratio of 2.13, a quick ratio of 1.76 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 47.75 and a beta of 0.89. Expro Group Holdings N.V. has a 1-year low of $8.20 and a 1-year high of $18.73. The firm's 50-day moving average price is $16.55 and its two-hundred day moving average price is $15.76.
Hedge Funds Weigh In On Expro Group
A number of large investors have recently modified their holdings of XPRO. Jennison Associates LLC acquired a new position in shares of Expro Group during the fourth quarter worth approximately $58,165,000. Price T Rowe Associates Inc. MD lifted its position 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 worth $147,264,000 after purchasing an additional 1,878,245 shares in the last quarter. Bridgeway Capital Management LLC acquired a new position in shares of Expro Group during the fourth quarter worth approximately $12,263,000. Dimensional Fund Advisors LP lifted its position in shares of Expro Group by 9.9% during the first quarter. Dimensional Fund Advisors LP now owns 5,917,574 shares of the company's stock worth $103,023,000 after purchasing an additional 533,741 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of Expro Group by 70.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,251,514 shares of the company's stock worth $16,708,000 after purchasing an additional 518,210 shares in the last quarter. 92.07% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
XPRO has been the topic of several research analyst reports. Freedom Capital raised shares of Expro Group from a "strong sell" rating to a "hold" rating in a research note on Monday, May 18th. KeyCorp raised shares of Expro Group to a "neutral" rating in a research note on Thursday. Barclays upped their price objective on shares of Expro Group from $21.00 to $23.00 and gave the stock an "overweight" rating in a research note on Friday, May 8th. The Goldman Sachs Group set a $19.00 price objective on shares of Expro Group in a research note on Thursday. Finally, Weiss Ratings cut shares of Expro Group from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Thursday, May 7th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $19.33.
Check Out Our Latest Analysis on XPRO
Expro Group Company Profile
(
Get Free Report)
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.
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