Fmr LLC Has $101.89 Million Stake in Expro Group Holdings (NYSE:XPRO)

FMR LLC decreased its stake in Expro Group Holdings (NYSE:XPRO - Free Report) by 44.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,170,459 shares of the company's stock after selling 6,540,606 shares during the quarter. FMR LLC owned 6.95% of Expro Group worth $101,886,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. 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 worth $4,325,000 after acquiring an additional 208,443 shares during the period. Barclays PLC lifted its position in shares of Expro Group by 40.1% in the third quarter. Barclays PLC now owns 473,492 shares of the company's stock worth $8,129,000 after purchasing an additional 135,481 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Expro Group by 19.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,925,259 shares of the company's stock worth $24,008,000 after purchasing an additional 318,043 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of Expro Group by 66.6% during the fourth quarter. Sei Investments Co. now owns 50,950 shares of the company's stock worth $635,000 after purchasing an additional 20,365 shares during the period. Finally, Vanguard Group Inc. grew its position in Expro Group by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 10,236,260 shares of the company's stock valued at $127,646,000 after purchasing an additional 260,914 shares in the last quarter. 92.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Expro Group Stock Performance

NYSE:XPRO traded up $0.30 during mid-day trading on Friday, hitting $8.63. 1,114,629 shares of the company's stock traded hands, compared to its average volume of 1,206,163. The firm has a 50 day moving average of $10.53 and a two-hundred day moving average of $12.66. The firm has a market capitalization of $1.00 billion, a price-to-earnings ratio of 61.61, a price-to-earnings-growth ratio of 1.28 and a beta of 0.98. The company has a current ratio of 1.98, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. Expro Group Holdings has a 12 month low of $6.70 and a 12 month high of $24.50.

Expro Group Company 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.