New York State Common Retirement Fund Has $338,000 Stock Holdings in Expro Group Holdings (NYSE:XPRO)

New York State Common Retirement Fund decreased its stake in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 93.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,106 shares of the company's stock after selling 411,218 shares during the period. New York State Common Retirement Fund's holdings in Expro Group were worth $338,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. R Squared Ltd acquired a new stake in shares of Expro Group in the 4th quarter worth approximately $27,000. KBC Group NV lifted its stake in shares of Expro Group by 75.3% in the 4th 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 period. Point72 Hong Kong Ltd acquired a new stake in shares of Expro Group in the 3rd quarter worth approximately $171,000. Entropy Technologies LP acquired a new stake in shares of Expro Group in the 4th quarter worth approximately $173,000. Finally, MQS Management LLC acquired a new stake in shares of Expro Group in the 3rd quarter worth approximately $205,000. 92.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on XPRO. Barclays cut 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 note on Wednesday. The Goldman Sachs Group began coverage on shares of Expro Group in a research note on Friday, December 13th. They set a "neutral" rating and a $18.00 target price for the company.

Remove Ads

Expro Group Price Performance

XPRO stock traded up $0.42 on Friday, hitting $10.64. 1,483,489 shares of the company's stock traded hands, compared to its average volume of 1,100,439. 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 stock has a market cap of $1.24 billion, a price-to-earnings ratio of 76.03, a P/E/G ratio of 1.28 and a beta of 1.12. Expro Group Holdings has a 1-year low of $9.85 and a 1-year high of $24.50. The stock has a fifty day moving average of $13.02 and a 200-day moving average of $14.57.

Insider Activity at Expro Group

In other news, CEO Michael Jardon purchased 45,200 shares of Expro Group stock in a transaction that occurred on Tuesday, December 17th. The stock was acquired at an average price of $10.91 per share, for a total transaction of $493,132.00. Following the transaction, the chief executive officer now owns 336,674 shares in the company, valued at $3,673,113.34. The trade was a 15.51 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Robert Wayne Drummond, Jr. purchased 18,000 shares of Expro Group stock in a transaction that occurred on Monday, December 16th. The stock was purchased at an average price of $11.39 per share, with a total value of $205,020.00. Following the transaction, the director now owns 69,181 shares in the company, valued at $787,971.59. This represents a 35.17 % increase in their position. The disclosure for this purchase can be found here. 1.50% of the stock is owned by insiders.

Expro Group 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.