KLX Energy Services Holdings, Inc. (NASDAQ:KLXE - Get Free Report) insider Geoffrey C. Stanford sold 6,336 shares of the business's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $3.75, for a total value of $23,760.00. Following the sale, the insider now owns 28,836 shares in the company, valued at approximately $108,135. This trade represents a 18.01 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
KLX Energy Services Trading Up 3.7 %
NASDAQ:KLXE traded up $0.13 during mid-day trading on Tuesday, hitting $3.60. 218,597 shares of the company's stock were exchanged, compared to its average volume of 168,163. KLX Energy Services Holdings, Inc. has a fifty-two week low of $3.45 and a fifty-two week high of $8.13. The company has a current ratio of 1.24, a quick ratio of 1.08 and a debt-to-equity ratio of 105.76. The firm has a market capitalization of $62.65 million, a P/E ratio of -1.22 and a beta of 1.98. The company has a 50 day simple moving average of $4.85 and a 200-day simple moving average of $5.13.
Institutional Trading of KLX Energy Services
A number of institutional investors and hedge funds have recently bought and sold shares of KLXE. Mesirow Financial Investment Management Inc. bought a new stake in shares of KLX Energy Services in the 4th quarter valued at about $50,000. Virtu Financial LLC acquired a new position in shares of KLX Energy Services in the third quarter worth approximately $77,000. SkyView Investment Advisors LLC boosted its holdings in KLX Energy Services by 20.0% in the third quarter. SkyView Investment Advisors LLC now owns 15,000 shares of the company's stock valued at $82,000 after acquiring an additional 2,500 shares during the last quarter. Occudo Quantitative Strategies LP acquired a new stake in KLX Energy Services during the 4th quarter valued at approximately $83,000. Finally, PDT Partners LLC raised its holdings in KLX Energy Services by 82.4% during the 3rd quarter. PDT Partners LLC now owns 19,699 shares of the company's stock worth $108,000 after purchasing an additional 8,901 shares during the last quarter. 42.69% of the stock is currently owned by institutional investors and hedge funds.
KLX Energy Services Company Profile
(
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KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals; and various technologies, including gamma ray, azimuthal gamma ray, real-time continuous inclination and azimuth, rotary steerable, pressure-while-drilling, mode shifting, stick-slip and destructive dynamics, dynamic sequencing and real-time shock, and vibration modules.
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