William Blair Investment Management LLC Acquires 758,449 Shares of Expro Group Holdings (NYSE:XPRO)

William Blair Investment Management LLC raised its stake in Expro Group Holdings (NYSE:XPRO - Free Report) by 37.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,809,682 shares of the company's stock after purchasing an additional 758,449 shares during the period. William Blair Investment Management LLC owned 2.39% of Expro Group worth $35,037,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. US Bancorp DE grew its holdings in shares of Expro Group by 56.0% during the fourth 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. R Squared Ltd acquired a new position in shares of Expro Group during the fourth quarter valued at about $27,000. Rhumbline Advisers grew its holdings in shares of Expro Group by 1.6% during the fourth quarter. Rhumbline Advisers now owns 153,159 shares of the company's stock valued at $1,910,000 after buying an additional 2,477 shares during the last quarter. KBC Group NV grew its holdings in shares of Expro Group by 75.3% during the fourth quarter. KBC Group NV now owns 5,968 shares of the company's stock valued at $74,000 after buying an additional 2,563 shares during the last quarter. Finally, Legato Capital Management LLC grew its holdings in shares of Expro Group by 8.9% during the fourth quarter. Legato Capital Management LLC now owns 44,301 shares of the company's stock valued at $552,000 after buying an additional 3,610 shares during the last quarter. 92.07% of the stock is owned by institutional investors.

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Analysts Set New Price Targets

XPRO has been the subject of a number of analyst reports. Barclays reduced their price objective on shares of Expro Group from $17.00 to $14.00 and set an "overweight" rating for the company in a report on Wednesday, March 5th. The Goldman Sachs Group initiated coverage on shares of Expro Group in a report on Friday, December 13th. They set a "neutral" rating and a $18.00 price target on the stock.

Expro Group Stock Performance

XPRO stock traded down $0.41 during mid-day trading on Friday, hitting $10.26. The company had a trading volume of 2,219,503 shares, compared to its average volume of 1,119,918. The firm has a market cap of $1.19 billion, a PE ratio of 73.26, a price-to-earnings-growth ratio of 1.28 and a beta of 1.12. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98. Expro Group Holdings has a 12 month low of $9.85 and a 12 month high of $24.50. The stock's fifty day moving average price is $12.53 and its two-hundred day moving average price is $13.91.

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.