MMCAP International Inc. SPC Lowers Stake in National Energy Services Reunited $NESR

Posted by Geri Gentry on May 27th, 2026

MMCAP International Inc. SPC reduced its holdings in shares of National Energy Services Reunited (NASDAQ:NESR – Free Report) by 99.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 5,227 shares of the company’s stock after selling 839,915 shares during the period. MMCAP International Inc. SPC’s holdings in National Energy Services Reunited were worth $82,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of NESR. ProShare Advisors LLC raised its stake in National Energy Services Reunited by 6.9% during the 4th quarter. ProShare Advisors LLC now owns 11,148 shares of the company’s stock valued at $175,000 after acquiring an additional 719 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in National Energy Services Reunited by 4.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 18,419 shares of the company’s stock valued at $306,000 after acquiring an additional 772 shares during the last quarter. CWM LLC raised its stake in National Energy Services Reunited by 2.9% during the 4th quarter. CWM LLC now owns 30,123 shares of the company’s stock valued at $472,000 after acquiring an additional 845 shares during the last quarter. TD Waterhouse Canada Inc. raised its stake in National Energy Services Reunited by 21.2% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 12,000 shares of the company’s stock valued at $125,000 after acquiring an additional 2,100 shares during the last quarter. Finally, SG Americas Securities LLC raised its stake in National Energy Services Reunited by 25.6% during the 4th quarter. SG Americas Securities LLC now owns 14,901 shares of the company’s stock valued at $233,000 after acquiring an additional 3,040 shares during the last quarter. 15.55% of the stock is owned by hedge funds and other institutional investors.

National Energy Services Reunited Stock Up 0.5%

NESR stock opened at $25.89 on Wednesday. The company has a market cap of $2.61 billion, a P/E ratio of 39.83, a P/E/G ratio of 0.33 and a beta of 0.38. National Energy Services Reunited has a 52 week low of $5.47 and a 52 week high of $27.25. The company’s 50-day moving average price is $23.58 and its 200 day moving average price is $19.87. The company has a current ratio of 1.04, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18.

National Energy Services Reunited (NASDAQ:NESR – Get Free Report) last released its quarterly earnings data on Monday, May 11th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.05. The firm had revenue of $404.59 million for the quarter, compared to the consensus estimate of $370.87 million. National Energy Services Reunited had a net margin of 4.53% and a return on equity of 9.77%. The business’s quarterly revenue was up 33.5% on a year-over-year basis. On average, research analysts expect that National Energy Services Reunited will post 1.64 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

NESR has been the subject of several analyst reports. Weiss Ratings raised National Energy Services Reunited from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. BTIG Research lifted their target price on shares of National Energy Services Reunited from $28.00 to $32.00 and gave the company a “buy” rating in a report on Monday, May 11th. UBS Group lifted their target price on shares of National Energy Services Reunited from $31.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Piper Sandler lifted their target price on shares of National Energy Services Reunited from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Finally, Wall Street Zen raised shares of National Energy Services Reunited from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $28.86.

Read Our Latest Stock Report on National Energy Services Reunited

Insider Transactions at National Energy Services Reunited

In other National Energy Services Reunited news, Director Yousif Mohammed Ali Al-Nowais sold 573,544 shares of National Energy Services Reunited stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $26.14, for a total transaction of $14,992,440.16. Following the completion of the transaction, the director owned 4,255,856 shares in the company, valued at approximately $111,248,075.84. The trade was a 11.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 1,102,540 shares of company stock worth $28,978,563 in the last ninety days. Insiders own 9.70% of the company’s stock.

National Energy Services Reunited Profile

(Free Report)

National Energy Services Reunited Corp (NASDAQ: NESR) is a publicly traded oilfield services company formed in 2021 through a business combination that brought together complementary drilling and production service providers. The company’s mission is to deliver integrated solutions across the upstream oil and gas value chain, combining regional expertise with global operational standards.

NESR’s service portfolio spans drilling, completion and production, offering products and capabilities such as cementing, coiled tubing, hydraulic fracturing, well stimulation, pumping services and intervention solutions.