Shares of Expro Group Holdings N.V. (NYSE:XPRO – Get Free Report) have received an average rating of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $19.3333.
Several analysts recently issued reports on XPRO shares. Freedom Capital raised Expro Group from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. Weiss Ratings lowered Expro Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, June 23rd. Barclays raised their target price on Expro Group from $21.00 to $23.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. KeyCorp upgraded shares of Expro Group to a “neutral” rating in a research report on Thursday, June 4th. Finally, The Goldman Sachs Group set a $19.00 price objective on shares of Expro Group in a report on Thursday, June 4th.
Get Our Latest Research Report on Expro Group
Expro Group Stock Performance
Insider Buying and Selling
In other Expro Group news, Director Eileen Goss Whelley sold 6,168 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were 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 in the company, valued at approximately $721,390.72. This trade represents a 11.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.80% of the company’s stock.
Hedge Funds Weigh In On Expro Group
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jennison Associates LLC bought a new position in shares of Expro Group in the fourth quarter worth $58,165,000. Insight Wealth Strategies LLC bought a new stake in shares of Expro Group during the fourth quarter valued at about $3,571,000. Dockside LLC acquired a new stake in Expro Group in the fourth quarter worth about $1,640,000. Connable Office Inc. acquired a new stake in Expro Group in the fourth quarter worth about $440,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Expro Group in the 4th quarter valued at about $690,000. 92.07% of the stock is owned by institutional investors.
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.
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