Expro Group Holdings (NYSE:XPRO) Director Lisa L. Troe Sells 2,820 Shares

Expro Group Holdings (NYSE:XPROGet Free Report) Director Lisa L. Troe sold 2,820 shares of the company’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $21.13, for a total transaction of $59,586.60. Following the completion of the transaction, the director now owns 30,517 shares of the company’s stock, valued at approximately $644,824.21. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Expro Group Trading Down 5.8 %

Expro Group stock opened at $20.67 on Tuesday. The firm has a 50 day simple moving average of $20.25 and a 200-day simple moving average of $18.23. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.85 and a quick ratio of 1.50. The stock has a market capitalization of $2.28 billion, a PE ratio of -114.83 and a beta of 0.98. Expro Group Holdings has a 12-month low of $14.33 and a 12-month high of $25.04.

Expro Group (NYSE:XPROGet Free Report) last released its earnings results on Thursday, April 25th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.03). Expro Group had a negative net margin of 1.26% and a positive return on equity of 0.76%. The business had revenue of $383.49 million for the quarter, compared to analyst estimates of $369.87 million. As a group, equities research analysts expect that Expro Group Holdings will post 0.81 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on XPRO. Barclays upgraded shares of Expro Group from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $18.00 to $27.00 in a research report on Tuesday, May 14th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $23.00 price objective (up from $22.00) on shares of Expro Group in a report on Monday. Finally, Piper Sandler increased their price objective on shares of Expro Group from $26.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, May 20th.

Get Our Latest Report on XPRO

Institutional Trading of Expro Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Boston Partners lifted its stake in Expro Group by 24.1% during the first quarter. Boston Partners now owns 2,084,838 shares of the company’s stock valued at $41,688,000 after purchasing an additional 404,392 shares during the last quarter. Webs Creek Capital Management LP lifted its position in shares of Expro Group by 28.0% in the 1st quarter. Webs Creek Capital Management LP now owns 1,441,214 shares of the company’s stock valued at $28,781,000 after acquiring an additional 315,674 shares in the last quarter. Bayesian Capital Management LP purchased a new stake in shares of Expro Group in the 1st quarter valued at approximately $439,000. Paloma Partners Management Co purchased a new stake in shares of Expro Group in the 1st quarter valued at approximately $239,000. Finally, Earnest Partners LLC purchased a new stake in shares of Expro Group in the 1st quarter valued at approximately $92,106,000. 92.07% of the stock is owned by institutional investors and hedge funds.

About Expro Group

(Get Free Report)

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity solutions.

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Insider Buying and Selling by Quarter for Expro Group (NYSE:XPRO)

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