Victory Capital Management Inc. Has $6.28 Million Stock Holdings in Expro Group Holdings (NYSE:XPRO)

Victory Capital Management Inc. lifted its stake in shares of Expro Group Holdings (NYSE:XPRO) by 6.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 503,942 shares of the company’s stock after buying an additional 29,141 shares during the quarter. Victory Capital Management Inc. owned about 0.43% of Expro Group worth $6,284,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of XPRO. State Street Corp increased its holdings in Expro Group by 7.6% in the 3rd quarter. State Street Corp now owns 2,692,260 shares of the company’s stock valued at $46,226,000 after buying an additional 189,085 shares during the period. Geode Capital Management LLC increased its holdings in Expro Group by 9.4% in the 3rd quarter. Geode Capital Management LLC now owns 2,326,582 shares of the company’s stock valued at $39,956,000 after buying an additional 199,554 shares during the period. Jennison Associates LLC increased its holdings in Expro Group by 4.2% in the 3rd quarter. Jennison Associates LLC now owns 2,286,181 shares of the company’s stock valued at $39,254,000 after buying an additional 91,961 shares during the period. Westfield Capital Management Co. LP bought a new position in Expro Group in the 3rd quarter valued at about $26,481,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in Expro Group by 10.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,157,555 shares of the company’s stock valued at $14,435,000 after buying an additional 104,826 shares during the period. Institutional investors and hedge funds own 92.07% of the company’s stock.

Expro Group Stock Performance

Shares of XPRO stock opened at $10.68 on Friday. The firm has a market capitalization of $1.24 billion, a PE ratio of 76.26, a price-to-earnings-growth ratio of 1.28 and a beta of 1.12. The firm has a fifty day simple moving average of $12.82 and a two-hundred day simple moving average of $14.23. 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 12 month low of $9.85 and a 12 month high of $24.50.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on XPRO shares. Barclays decreased their price target on shares of Expro Group from $17.00 to $14.00 and set an “overweight” rating on the stock in a report on Wednesday, March 5th. The Goldman Sachs Group started coverage on shares of Expro Group in a report on Friday, December 13th. They set a “neutral” rating and a $18.00 price target on the stock.

Insider Transactions at Expro Group

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

Expro Group 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.