Mistras Group Inc (NYSE:MG) Director Nicholas Debenedictis purchased 6,990 shares of the business’s stock in a transaction dated Monday, May 20th. The shares were bought at an average price of $13.89 per share, with a total value of $97,091.10. Following the purchase, the director now directly owns 47,089 shares of the company’s stock, valued at $654,066.21. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Nicholas Debenedictis also recently made the following trade(s):

  • On Friday, May 17th, Nicholas Debenedictis acquired 2,495 shares of Mistras Group stock. The stock was acquired at an average price of $14.03 per share, with a total value of $35,004.85.
  • On Monday, March 18th, Nicholas Debenedictis acquired 7,000 shares of Mistras Group stock. The stock was acquired at an average price of $13.90 per share, with a total value of $97,300.00.

NYSE:MG traded down $0.01 during trading hours on Thursday, hitting $14.15. The company’s stock had a trading volume of 1,583 shares, compared to its average volume of 86,065. The stock has a market capitalization of $410.50 million, a price-to-earnings ratio of 25.73, a PEG ratio of 1.32 and a beta of 1.39. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.71 and a current ratio of 1.84. Mistras Group Inc has a 52-week low of $12.38 and a 52-week high of $23.60.

Mistras Group (NYSE:MG) last released its quarterly earnings data on Monday, May 6th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by ($0.11). The business had revenue of $176.79 million during the quarter, compared to analysts’ expectations of $183.90 million. Mistras Group had a positive return on equity of 4.11% and a negative net margin of 0.19%. On average, analysts predict that Mistras Group Inc will post 0.66 EPS for the current year.

Several research analysts have issued reports on the company. ValuEngine upgraded Mistras Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 15th. TheStreet cut Mistras Group from a “c-” rating to a “d+” rating in a research report on Wednesday, April 3rd. Canaccord Genuity cut their price objective on Mistras Group from $20.00 to $16.50 and set a “hold” rating for the company in a research report on Thursday, March 14th. Finally, Zacks Investment Research cut Mistras Group from a “hold” rating to a “sell” rating in a research report on Wednesday, March 20th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $19.75.

A number of large investors have recently added to or reduced their stakes in MG. BlackRock Inc. grew its holdings in Mistras Group by 7.3% in the third quarter. BlackRock Inc. now owns 1,216,696 shares of the technology company’s stock valued at $26,364,000 after purchasing an additional 82,663 shares during the last quarter. MetLife Investment Advisors LLC grew its holdings in Mistras Group by 61.3% in the third quarter. MetLife Investment Advisors LLC now owns 13,263 shares of the technology company’s stock valued at $287,000 after purchasing an additional 5,041 shares during the last quarter. Teachers Advisors LLC grew its holdings in Mistras Group by 5.6% in the third quarter. Teachers Advisors LLC now owns 59,129 shares of the technology company’s stock valued at $1,281,000 after purchasing an additional 3,157 shares during the last quarter. TIAA CREF Investment Management LLC grew its holdings in Mistras Group by 150.2% in the third quarter. TIAA CREF Investment Management LLC now owns 187,384 shares of the technology company’s stock valued at $4,061,000 after purchasing an additional 112,494 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in Mistras Group by 3.4% in the third quarter. Vanguard Group Inc. now owns 1,495,884 shares of the technology company’s stock valued at $32,416,000 after purchasing an additional 48,577 shares during the last quarter. Hedge funds and other institutional investors own 58.88% of the company’s stock.

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About Mistras Group

Mistras Group, Inc provides technology-enabled asset protection solutions worldwide. The company operates through three segments: Services, International, and Products and Systems. It offers traditional non-destructive testing, and inspection and testing program services; and engineering consulting services.

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Insider Buying and Selling by Quarter for Mistras Group (NYSE:MG)

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