Expro Group (NYSE:XPRO) Director Eileen Goss Whelley Sells 6,168 Shares of Stock

Expro Group Holdings N.V. (NYSE:XPRO) Director Eileen Goss Whelley sold 6,168 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $15.14, for a total transaction of $93,383.52. Following the transaction, the director directly owned 47,648 shares of the company’s stock, valued at approximately $721,390.72. This represents a 11.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Expro Group Stock Down 0.7%

Expro Group stock opened at $15.28 on Thursday. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 47.75 and a beta of 0.89. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.13 and a quick ratio of 1.76. Expro Group Holdings N.V. has a fifty-two week low of $8.20 and a fifty-two week high of $18.73. The firm has a fifty day moving average price of $16.55 and a two-hundred day moving average price of $15.76.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on XPRO shares. The Goldman Sachs Group set a $19.00 target price on shares of Expro Group in a research report on Thursday. Freedom Capital upgraded shares of Expro Group from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. Weiss Ratings downgraded shares of Expro Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 7th. Piper Sandler boosted their price objective on shares of Expro Group from $13.00 to $16.00 and gave the stock an “underweight” rating in a report on Wednesday, April 15th. Finally, KeyCorp upgraded shares of Expro Group to a “neutral” rating in a report on Thursday. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Expro Group currently has an average rating of “Hold” and an average price target of $19.33.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in XPRO. KBC Group NV bought a new stake in Expro Group in the first quarter valued at about $45,000. Global Retirement Partners LLC bought a new stake in Expro Group in the fourth quarter valued at about $51,000. Quadrant Capital Group LLC increased its stake in Expro Group by 2,978.9% in the fourth quarter. Quadrant Capital Group LLC now owns 3,941 shares of the company’s stock valued at $53,000 after acquiring an additional 3,813 shares during the period. Aster Capital Management DIFC Ltd bought a new stake in Expro Group in the fourth quarter valued at about $69,000. Finally, Royal Bank of Canada increased its stake in Expro Group by 43.8% in the first quarter. Royal Bank of Canada now owns 4,015 shares of the company’s stock valued at $71,000 after acquiring an additional 1,222 shares during the period. Institutional investors own 92.07% of the company’s stock.

About Expro Group

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.