Teachers Advisors LLC increased its position in Geospace Technologies Corporation (NASDAQ:GEOS) by 6.3% during the fourth quarter, Holdings Channel reports. The fund owned 20,770 shares of the oil and gas company’s stock after buying an additional 1,234 shares during the period. Teachers Advisors LLC’s holdings in Geospace Technologies Corporation were worth $423,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. State Street Corp boosted its stake in shares of Geospace Technologies Corporation by 7.3% in the fourth quarter. State Street Corp now owns 279,385 shares of the oil and gas company’s stock worth $5,686,000 after buying an additional 19,054 shares during the last quarter. Norges Bank bought a new stake in shares of Geospace Technologies Corporation during the fourth quarter worth about $3,417,000. Comerica Bank boosted its stake in shares of Geospace Technologies Corporation by 5.0% in the fourth quarter. Comerica Bank now owns 14,222 shares of the oil and gas company’s stock worth $307,000 after buying an additional 676 shares during the last quarter. Two Sigma Investments LP boosted its stake in shares of Geospace Technologies Corporation by 2.7% in the fourth quarter. Two Sigma Investments LP now owns 12,902 shares of the oil and gas company’s stock worth $263,000 after buying an additional 339 shares during the last quarter. Finally, Trexquant Investment LP bought a new stake in shares of Geospace Technologies Corporation during the fourth quarter worth about $202,000. 82.50% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Geospace Technologies Corporation (NASDAQ:GEOS)

Shares of Geospace Technologies Corporation (NASDAQ GEOS) opened at 15.43 on Friday. Geospace Technologies Corporation has a 12 month low of $13.80 and a 12 month high of $24.37. The company’s market cap is $207.38 million. The firm’s 50-day moving average price is $15.61 and its 200-day moving average price is $18.10.

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A number of equities research analysts have issued reports on GEOS shares. Zacks Investment Research cut Geospace Technologies Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, February 23rd. ValuEngine raised Geospace Technologies Corporation from a “strong sell” rating to a “sell” rating in a research report on Friday, June 2nd.

In other Geospace Technologies Corporation news, Director Richard F. Miles sold 5,450 shares of the firm’s stock in a transaction that occurred on Thursday, June 1st. The stock was sold at an average price of $15.30, for a total value of $83,385.00. Following the completion of the transaction, the director now directly owns 2,000 shares in the company, valued at $30,600. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Richard F. Miles sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $15.68, for a total value of $47,040.00. Following the completion of the transaction, the director now owns 2,000 shares of the company’s stock, valued at $31,360. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,950 shares of company stock valued at $154,290. Corporate insiders own 3.47% of the company’s stock.

Geospace Technologies Corporation Company Profile

Geospace Technologies Corporation designs and manufactures instruments and equipment used by the oil and gas industry to acquire seismic data in order to locate, characterize and monitor hydrocarbon producing reservoirs. The Company also designs and manufactures non-seismic products, including industrial products, offshore cables and imaging equipment.

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