Rhumbline Advisers Increases Holdings in Expro Group Holdings (NYSE:XPRO)

Rhumbline Advisers boosted its position in Expro Group Holdings (NYSE:XPRO) by 1.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 153,159 shares of the company’s stock after buying an additional 2,477 shares during the period. Rhumbline Advisers owned approximately 0.13% of Expro Group worth $1,910,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of XPRO. R Squared Ltd acquired a new position in shares of Expro Group in the 4th quarter valued at about $27,000. KBC Group NV lifted its holdings in Expro Group by 75.3% in the fourth quarter. KBC Group NV now owns 5,968 shares of the company’s stock valued at $74,000 after acquiring an additional 2,563 shares during the period. Legato Capital Management LLC lifted its holdings in Expro Group by 8.9% in the fourth quarter. Legato Capital Management LLC now owns 44,301 shares of the company’s stock valued at $552,000 after acquiring an additional 3,610 shares during the period. Point72 Hong Kong Ltd purchased a new stake in Expro Group in the 3rd quarter worth approximately $171,000. Finally, State of New Jersey Common Pension Fund D grew its stake in shares of Expro Group by 13.1% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 96,996 shares of the company’s stock worth $1,665,000 after purchasing an additional 11,210 shares during the period. Hedge funds and other institutional investors own 92.07% of the company’s stock.

Expro Group Stock Performance

NYSE XPRO opened at $10.83 on Tuesday. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 77.36, a PEG ratio of 1.28 and a beta of 0.99. The stock has a 50-day moving average of $13.13 and a 200 day moving average of $14.78. The company has a current ratio of 1.98, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. Expro Group Holdings has a twelve month low of $10.70 and a twelve month high of $24.50.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group began coverage on shares of Expro Group in a research note on Friday, December 13th. They issued a “neutral” rating and a $18.00 target price for the company.

Insider Transactions at Expro Group

In related news, CEO Michael Jardon bought 45,200 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was acquired at an average price of $10.91 per share, with a total value of $493,132.00. Following the completion of the purchase, the chief executive officer now directly owns 336,674 shares of the company’s stock, valued at approximately $3,673,113.34. This trade represents a 15.51 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Robert Wayne Drummond, Jr. acquired 18,000 shares of the business’s stock in a transaction on Monday, December 16th. The shares were purchased at an average price of $11.39 per share, with a total value of $205,020.00. Following the completion of the purchase, the director now owns 69,181 shares in the company, valued at $787,971.59. This represents a 35.17 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 1.50% of the company’s stock.

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.