SG Americas Securities LLC Invests $642,000 in Expro Group Holdings N.V. $XPRO

SG Americas Securities LLC purchased a new stake in shares of Expro Group Holdings N.V. (NYSE:XPRO) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 36,849 shares of the company’s stock, valued at approximately $642,000.

Several other large investors have also made changes to their positions in the company. Global Retirement Partners LLC acquired a new position in Expro Group during the 4th quarter worth $51,000. Quadrant Capital Group LLC increased its stake in Expro Group by 2,978.9% in the fourth quarter. Quadrant Capital Group LLC now owns 3,941 shares of the company’s stock valued at $53,000 after acquiring an additional 3,813 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in Expro Group in the 4th quarter valued at $69,000. US Bancorp DE boosted its position in Expro Group by 8.6% in the third quarter. US Bancorp DE now owns 10,062 shares of the company’s stock valued at $120,000 after buying an additional 799 shares in the last quarter. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of Expro Group in the fourth quarter valued at $139,000. Institutional investors own 92.07% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on XPRO. Weiss Ratings cut Expro Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, June 23rd. The Goldman Sachs Group set a $19.00 target price on Expro Group in a research note on Thursday, June 4th. KeyCorp raised Expro Group to a “neutral” rating in a research report on Thursday, June 4th. Barclays boosted their price objective on shares of Expro Group from $21.00 to $23.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Finally, Piper Sandler raised their target price on shares of Expro Group from $13.00 to $16.00 and gave the company an “underweight” rating in a research note on Wednesday, April 15th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $19.33.

Expro Group Stock Up 1.6%

Expro Group stock traded up $0.23 during midday trading on Tuesday, hitting $14.24. 15,067 shares of the stock were exchanged, compared to its average volume of 1,164,178. Expro Group Holdings N.V. has a 52-week low of $8.24 and a 52-week high of $18.73. The company has a quick ratio of 1.76, a current ratio of 2.13 and a debt-to-equity ratio of 0.06. The business’s 50-day moving average price is $15.61 and its 200-day moving average price is $15.89. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 44.52 and a beta of 0.90.

Insider Activity at Expro Group

In other news, Director Eileen Goss Whelley sold 6,168 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $15.14, for a total value of $93,383.52. Following the sale, the director owned 47,648 shares of the company’s stock, valued at $721,390.72. The trade was a 11.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.80% of the company’s stock.

About Expro Group

Expro Group plc is a global energy services company that specializes in well flow management and well testing solutions for the oil and gas industry. The company’s core offerings include wellhead and pressure control systems, downhole well construction tools, subsea intervention services, and integrated tubular running services. These capabilities enable exploration and production companies to optimize well performance, enhance safety and mitigate operational risk throughout the drilling, completion and intervention phases of the well life cycle.

Founded in 1973, Expro has grown both organically and through targeted acquisitions to establish a presence in more than 30 countries.