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

Geode Capital Management LLC trimmed its holdings in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 1.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,287,619 shares of the company's stock after selling 38,963 shares during the period. Geode Capital Management LLC owned about 1.95% of Expro Group worth $28,534,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of XPRO. R Squared Ltd bought a new position in shares of Expro Group during the 4th quarter worth approximately $27,000. US Bancorp DE grew its stake in Expro Group by 56.0% in the 4th quarter. US Bancorp DE now owns 4,171 shares of the company's stock valued at $52,000 after buying an additional 1,497 shares during the last quarter. KBC Group NV lifted its position in Expro Group by 75.3% during the fourth quarter. KBC Group NV now owns 5,968 shares of the company's stock worth $74,000 after acquiring an additional 2,563 shares during the last quarter. Entropy Technologies LP acquired a new position in Expro Group in the 4th quarter valued at $173,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of Expro Group during the fourth quarter worth $222,000. Institutional investors own 92.07% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Barclays dropped their price target 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. The Goldman Sachs Group cut their price objective on shares of 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 Price Performance

Expro Group stock traded down $0.20 during mid-day trading on Monday, reaching $8.46. The company had a trading volume of 1,317,952 shares, compared to its average volume of 1,209,774. The company has a market cap of $981.60 million, a P/E ratio of 60.43, a P/E/G ratio of 1.28 and a beta of 0.98. Expro Group Holdings has a fifty-two week low of $6.70 and a fifty-two week high of $24.50. The company has a current ratio of 1.98, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The business has a fifty day simple moving average of $10.43 and a 200 day simple moving average of $12.53.

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.