Geode Capital Management LLC Sells 38,963 Shares of Expro Group Holdings (NYSE:XPRO)

Geode Capital Management LLC cut its position in shares of Expro Group Holdings (NYSE:XPRO) by 1.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,287,619 shares of the company’s stock after selling 38,963 shares during the quarter. Geode Capital Management LLC owned approximately 1.95% of Expro Group worth $28,534,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its position in Expro Group by 479.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 251,883 shares of the company’s stock valued at $4,325,000 after buying an additional 208,443 shares during the period. Barclays PLC lifted its position in Expro Group by 40.1% during the third quarter. Barclays PLC now owns 473,492 shares of the company’s stock valued at $8,129,000 after buying an additional 135,481 shares during the period. Sei Investments Co. lifted its position in Expro Group by 66.6% during the fourth quarter. Sei Investments Co. now owns 50,950 shares of the company’s stock valued at $635,000 after buying an additional 20,365 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Expro Group by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 10,236,260 shares of the company’s stock valued at $127,646,000 after buying an additional 260,914 shares in the last quarter. Finally, Essex Investment Management Co. LLC grew its position in shares of Expro Group by 24.3% in the 4th quarter. Essex Investment Management Co. LLC now owns 147,964 shares of the company’s stock worth $1,845,000 after buying an additional 28,911 shares during the period. 92.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. The Goldman Sachs Group dropped their price objective on shares of Expro Group from $17.00 to $12.00 and set a “neutral” rating on the stock in a research note on Thursday, April 10th. Barclays lowered their target price on shares of Expro Group from $17.00 to $14.00 and set an “overweight” rating for the company in a report on Wednesday, March 5th.

Expro Group Price Performance

Shares of NYSE:XPRO opened at $8.63 on Friday. The business has a fifty day moving average price of $10.53 and a 200-day moving average price of $12.66. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.62. The company has a market capitalization of $1.00 billion, a PE ratio of 61.61, a PEG ratio of 1.28 and a beta of 0.98. Expro Group Holdings has a 1-year low of $6.70 and a 1-year high of $24.50.

About Expro Group

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.