GAMMA Investing LLC Buys 11,496 Shares of Expro Group Holdings (NYSE:XPRO)

GAMMA Investing LLC grew its stake in shares of Expro Group Holdings (NYSE:XPRO) by 3,351.6% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 11,839 shares of the company’s stock after acquiring an additional 11,496 shares during the quarter. GAMMA Investing LLC’s holdings in Expro Group were worth $1,191,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Massachusetts Financial Services Co. MA lifted its position in shares of Expro Group by 19.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,925,259 shares of the company’s stock valued at $24,008,000 after acquiring an additional 318,043 shares during the period. Sei Investments Co. lifted its position in shares of Expro Group by 66.6% during the 4th quarter. Sei Investments Co. now owns 50,950 shares of the company’s stock worth $635,000 after buying an additional 20,365 shares during the last quarter. Invesco Ltd. lifted its position in shares of Expro Group by 58.5% during the 4th quarter. Invesco Ltd. now owns 222,519 shares of the company’s stock worth $2,775,000 after buying an additional 82,142 shares during the last quarter. Vanguard Group Inc. lifted its position 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 worth $127,646,000 after buying an additional 260,914 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Expro Group by 42.0% during the 4th quarter. Ameriprise Financial Inc. now owns 327,125 shares of the company’s stock worth $4,079,000 after buying an additional 96,803 shares during the last quarter. 92.07% of the stock is currently owned by institutional investors.

Expro Group Price Performance

Shares of XPRO opened at $9.54 on Monday. Expro Group Holdings has a 12-month low of $6.70 and a 12-month high of $24.50. The business has a 50-day simple moving average of $8.34 and a two-hundred day simple moving average of $10.78. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.10 billion, a PE ratio of 68.15, a PEG ratio of 1.28 and a beta of 1.18.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on XPRO shares. Wells Fargo & Company started coverage on Expro Group in a research report on Tuesday, May 27th. They set an “overweight” rating and a $12.00 price objective for the company. Barclays dropped their price objective on Expro Group from $14.00 to $12.00 and set an “overweight” rating for the company in a research report on Wednesday, May 7th. Finally, The Goldman Sachs Group dropped their price objective on Expro Group from $17.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th.

Expro Group Profile

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.