Natural Gas Services Group, Inc. (NYSE:NGS) CFO G Larry Lawrence sold 3,299 shares of Natural Gas Services Group stock in a transaction on Monday, April 8th. The stock was sold at an average price of $18.42, for a total value of $60,767.58. Following the transaction, the chief financial officer now directly owns 46,493 shares of the company’s stock, valued at approximately $856,401.06. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

G Larry Lawrence also recently made the following trade(s):

  • On Wednesday, April 10th, G Larry Lawrence sold 4,000 shares of Natural Gas Services Group stock. The stock was sold at an average price of $18.39, for a total value of $73,560.00.

Natural Gas Services Group stock opened at $18.01 on Thursday. The stock has a market cap of $234.57 million, a P/E ratio of 225.13 and a beta of 1.34. Natural Gas Services Group, Inc. has a 52 week low of $15.42 and a 52 week high of $26.70.

Natural Gas Services Group (NYSE:NGS) last posted its quarterly earnings data on Thursday, March 14th. The oil and gas company reported $0.03 EPS for the quarter, hitting analysts’ consensus estimates of $0.03. The firm had revenue of $16.20 million during the quarter, compared to analysts’ expectations of $18.10 million. Natural Gas Services Group had a return on equity of 0.41% and a net margin of 0.65%. As a group, analysts expect that Natural Gas Services Group, Inc. will post 0.28 earnings per share for the current year.

Several research analysts have recently issued reports on the company. ValuEngine raised Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Friday, March 15th. Zacks Investment Research raised Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Thursday, February 7th. Finally, Maxim Group started coverage on Natural Gas Services Group in a research note on Friday, January 25th. They set a “buy” rating and a $24.00 price target for the company. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $47.25.

Institutional investors have recently bought and sold shares of the stock. Metropolitan Life Insurance Co. NY increased its position in Natural Gas Services Group by 317.3% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 4,486 shares of the oil and gas company’s stock worth $74,000 after purchasing an additional 3,411 shares in the last quarter. Bank of America Corp DE increased its position in Natural Gas Services Group by 43.4% during the 4th quarter. Bank of America Corp DE now owns 10,765 shares of the oil and gas company’s stock worth $177,000 after purchasing an additional 3,259 shares in the last quarter. MetLife Investment Advisors LLC increased its position in Natural Gas Services Group by 51.3% during the 3rd quarter. MetLife Investment Advisors LLC now owns 10,054 shares of the oil and gas company’s stock worth $212,000 after purchasing an additional 3,411 shares in the last quarter. Rhumbline Advisers increased its position in Natural Gas Services Group by 35.4% during the 4th quarter. Rhumbline Advisers now owns 17,822 shares of the oil and gas company’s stock worth $293,000 after purchasing an additional 4,659 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new stake in Natural Gas Services Group during the 3rd quarter worth about $351,000. Hedge funds and other institutional investors own 91.08% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was first published by Watch List News and is the property of of Watch List News. If you are viewing this news story on another website, it was stolen and reposted in violation of United States & international trademark & copyright law. The original version of this news story can be accessed at https://www.watchlistnews.com/natural-gas-services-group-inc-ngs-cfo-g-larry-lawrence-sells-3299-shares/2954732.html.

About Natural Gas Services Group

Natural Gas Services Group, Inc provides gas compression equipment and services to the natural gas and oil industry in the United States. The company engages in the rental of small to medium horsepower compression equipment to non-conventional natural gas and oil production businesses. As of December 31, 2017, it had 2,546 natural gas compressors in its rental fleet totaling 369,961 horsepower.

See Also: Institutional Investors

Insider Buying and Selling by Quarter for Natural Gas Services Group (NYSE:NGS)

Receive News & Ratings for Natural Gas Services Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Gas Services Group and related companies with MarketBeat.com's FREE daily email newsletter.