9,335 Shares in Expro Group Holdings (NYSE:XPRO) Acquired by Transatlantique Private Wealth LLC

Transatlantique Private Wealth LLC purchased a new stake in Expro Group Holdings (NYSE:XPRO) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,335 shares of the company’s stock, valued at approximately $214,000.

Other hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in shares of Expro Group by 58.0% in the 1st quarter. GAMMA Investing LLC now owns 1,452 shares of the company’s stock valued at $29,000 after buying an additional 533 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Expro Group during the first quarter worth about $141,000. nVerses Capital LLC acquired a new stake in shares of Expro Group during the second quarter worth about $183,000. Hsbc Holdings PLC purchased a new stake in shares of Expro Group in the 2nd quarter valued at about $263,000. Finally, Paloma Partners Management Co acquired a new stake in shares of Expro Group in the 1st quarter valued at about $239,000. 92.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on XPRO shares. Barclays lifted their price target on Expro Group from $27.00 to $28.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 31st. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $23.00 target price (up from $22.00) on shares of Expro Group in a report on Monday, June 3rd.

Expro Group Stock Down 0.1 %

XPRO opened at $17.98 on Friday. Expro Group Holdings has a 52 week low of $14.33 and a 52 week high of $25.04. The business has a 50 day moving average price of $20.33 and a two-hundred day moving average price of $20.49. The company has a quick ratio of 1.56, a current ratio of 1.90 and a debt-to-equity ratio of 0.09. The company has a market cap of $1.99 billion, a PE ratio of -99.89, a P/E/G ratio of 1.90 and a beta of 0.97.

Expro Group (NYSE:XPRO) last released its quarterly earnings results on Thursday, July 25th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.02). Expro Group had a positive return on equity of 1.43% and a negative net margin of 0.84%. The company had revenue of $469.64 million for the quarter, compared to analysts’ expectations of $419.20 million. As a group, research analysts anticipate that Expro Group Holdings will post 0.77 EPS for the current year.

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.