BNP PARIBAS ASSET MANAGEMENT Holding S.A. Makes New $9.81 Million Investment in Expro Group Holdings (NYSE:XPRO)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of Expro Group Holdings (NYSE:XPRO - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 428,059 shares of the company's stock, valued at approximately $9,811,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned approximately 0.35% of Expro Group as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in XPRO. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Expro Group by 11.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,090 shares of the company's stock valued at $575,000 after purchasing an additional 2,649 shares during the period. Bank of New York Mellon Corp lifted its position in Expro Group by 5.8% during the second quarter. Bank of New York Mellon Corp now owns 1,524,545 shares of the company's stock valued at $34,943,000 after buying an additional 83,134 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Expro Group by 155.8% during the 2nd quarter. SG Americas Securities LLC now owns 18,043 shares of the company's stock valued at $414,000 after buying an additional 10,990 shares in the last quarter. Harbor Capital Advisors Inc. grew its position in shares of Expro Group by 269.5% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 21,498 shares of the company's stock worth $493,000 after buying an additional 15,680 shares during the period. Finally, Boston Partners increased its stake in shares of Expro Group by 24.1% in the 1st quarter. Boston Partners now owns 2,084,838 shares of the company's stock worth $41,688,000 after acquiring an additional 404,392 shares in the last quarter. Hedge funds and other institutional investors own 92.07% of the company's stock.

Wall Street Analysts Forecast Growth

XPRO has been the topic of several research reports. The Goldman Sachs Group reissued a "neutral" rating and set a $23.00 price objective (up previously from $22.00) on shares of Expro Group in a research note on Monday, June 3rd. Piper Sandler upped their price target on Expro Group from $26.00 to $29.00 and gave the stock an "overweight" rating in a research note on Monday, May 20th. Finally, Barclays raised their price objective on Expro Group from $27.00 to $28.00 and gave the company an "overweight" rating in a research report on Wednesday, July 31st.

Expro Group Stock Down 0.4 %

Expro Group stock traded down $0.07 during trading hours on Friday, hitting $19.86. The stock had a trading volume of 769,610 shares, compared to its average volume of 957,063. The stock's 50-day moving average price is $21.75 and its 200-day moving average price is $20.53. The stock has a market capitalization of $2.20 billion, a P/E ratio of -110.33, a price-to-earnings-growth ratio of 2.39 and a beta of 1.02. Expro Group Holdings has a 12-month low of $14.33 and a 12-month high of $25.04. The company has a quick ratio of 1.56, a current ratio of 1.90 and a debt-to-equity ratio of 0.09.

Expro Group (NYSE:XPRO - Get Free Report) last announced its quarterly earnings results on Thursday, July 25th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.02). The firm had revenue of $469.64 million for the quarter, compared to the consensus estimate of $419.20 million. Expro Group had a negative net margin of 0.84% and a positive return on equity of 1.43%. Equities research analysts anticipate that Expro Group Holdings will post 0.77 EPS for the current fiscal year.

Insider Transactions at Expro Group

In other Expro Group news, CTO Steven J. Russell sold 15,000 shares of the business's stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $23.01, for a total value of $345,150.00. Following the completion of the transaction, the chief technology officer now owns 84,873 shares of the company's stock, valued at approximately $1,952,927.73. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other Expro Group news, Director Lisa L. Troe sold 2,820 shares of the business's stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $21.13, for a total transaction of $59,586.60. Following the completion of the sale, the director now directly owns 30,517 shares in the company, valued at approximately $644,824.21. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CTO Steven J. Russell sold 15,000 shares of the stock in a transaction on Friday, June 21st. The shares were sold at an average price of $23.01, for a total value of $345,150.00. Following the transaction, the chief technology officer now directly owns 84,873 shares in the company, valued at $1,952,927.73. The disclosure for this sale can be found here. Company insiders own 1.50% of the company's stock.

About Expro Group

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.