Insider Selling: Natural Gas Services Group, Inc. (NYSE:NGS) Director Sells 10,000 Shares of Stock

Natural Gas Services Group, Inc. (NYSE:NGS - Get Free Report) Director Stephen Charles Taylor sold 10,000 shares of the business's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $27.15, for a total value of $271,500.00. Following the sale, the director now directly owns 457,787 shares in the company, valued at approximately $12,428,917.05. The trade was a 2.14 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Stephen Charles Taylor also recently made the following trade(s):

• On Monday, November 25th, Stephen Charles Taylor sold 600 shares of Natural Gas Services Group stock. The stock was sold at an average price of $28.50, for a total value of $17,100.00.
• On Friday, November 22nd, Stephen Charles Taylor sold 10,000 shares of Natural Gas Services Group stock. The shares were sold at an average price of $28.00, for a total transaction of $280,000.00.
• On Wednesday, November 20th, Stephen Charles Taylor sold 1,521 shares of Natural Gas Services Group stock. The stock was sold at an average price of $26.00, for a total transaction of $39,546.00.
• On Monday, November 18th, Stephen Charles Taylor sold 3,442 shares of Natural Gas Services Group stock. The stock was sold at an average price of $25.51, for a total transaction of $87,805.42.
• On Friday, November 15th, Stephen Charles Taylor sold 10,042 shares of Natural Gas Services Group stock. The stock was sold at an average price of $25.01, for a total transaction of $251,150.42.
• On Wednesday, November 13th, Stephen Charles Taylor sold 2,191 shares of Natural Gas Services Group stock. The shares were sold at an average price of $24.50, for a total value of $53,679.50.
• On Monday, November 11th, Stephen Charles Taylor sold 3,096 shares of Natural Gas Services Group stock. The shares were sold at an average price of $24.50, for a total value of $75,852.00.

Natural Gas Services Group Trading Down 1.3 %

Shares of Natural Gas Services Group stock traded down $0.33 during trading on Monday, hitting $25.54. The stock had a trading volume of 49,894 shares, compared to its average volume of 66,710. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $318.59 million, a PE ratio of 19.95 and a beta of 1.14. Natural Gas Services Group, Inc. has a 1 year low of $12.76 and a 1 year high of $28.50. The stock has a 50 day simple moving average of $23.51 and a 200 day simple moving average of $21.22.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Natural Gas Services Group from a "sell" rating to a "hold" rating in a research report on Wednesday, November 20th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of NGS. MetLife Investment Management LLC lifted its stake in Natural Gas Services Group by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company's stock worth $121,000 after acquiring an additional 3,564 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Natural Gas Services Group by 54.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company's stock valued at $165,000 after purchasing an additional 3,056 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of Natural Gas Services Group during the second quarter worth approximately $208,000. Rhumbline Advisers grew its position in Natural Gas Services Group by 2,513.0% during the second quarter. Rhumbline Advisers now owns 12,072 shares of the oil and gas company's stock valued at $243,000 after purchasing an additional 11,610 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Natural Gas Services Group in the 3rd quarter valued at approximately $261,000. Hedge funds and other institutional investors own 65.62% of the company's stock.

About Natural Gas Services Group

Natural Gas Services Group, Inc provides natural gas compression equipment and services to the energy industry in the United States. It engineers and fabricates, operates, rents, and maintains natural gas compressors for oil and natural gas production and plant facilities. It also designs, fabricates, and assembles compressor units for rental or sale; and designs, manufactures, and sells a line of reciprocating natural gas compressor frames, cylinders, and parts.