Eileen Goss Whelley Sells 6,168 Shares of Expro Group (NYSE:XPRO) Stock

Expro Group Holdings N.V. (NYSE:XPRO) Director Eileen Goss Whelley sold 6,168 shares of Expro Group 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 transaction, the director owned 47,648 shares of the company’s stock, valued at approximately $721,390.72. This represents a 11.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Expro Group Stock Up 8.7%

Shares of XPRO stock opened at $16.63 on Friday. The company has a current ratio of 2.13, a quick ratio of 1.76 and a debt-to-equity ratio of 0.06. Expro Group Holdings N.V. has a twelve month low of $8.20 and a twelve month high of $18.73. The stock has a 50 day moving average of $16.51 and a 200 day moving average of $15.78. The stock has a market cap of $1.89 billion, a P/E ratio of 51.95 and a beta of 0.89.

Institutional Investors Weigh In On Expro Group

Several institutional investors and hedge funds have recently modified their holdings of XPRO. Price T Rowe Associates Inc. MD grew its stake in Expro Group by 20.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 11,030,884 shares of the company’s stock worth $147,264,000 after purchasing an additional 1,878,245 shares in the last quarter. Vanguard Group Inc. grew its stake in Expro Group by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 10,626,402 shares of the company’s stock worth $126,242,000 after purchasing an additional 38,826 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Expro Group by 9.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,917,574 shares of the company’s stock worth $103,023,000 after purchasing an additional 533,741 shares in the last quarter. Jennison Associates LLC grew its stake in Expro Group by 7.9% during the 1st quarter. Jennison Associates LLC now owns 4,699,370 shares of the company’s stock worth $81,816,000 after purchasing an additional 342,449 shares in the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in Expro Group by 35.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,553,748 shares of the company’s stock worth $13,347,000 after purchasing an additional 405,168 shares in the last quarter. Hedge funds and other institutional investors own 92.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Piper Sandler lifted their price target on Expro Group from $13.00 to $16.00 and gave the stock an “underweight” rating in a research note on Wednesday, April 15th. KeyCorp raised Expro Group to a “neutral” rating in a research note on Thursday. The Goldman Sachs Group set a $19.00 price objective on Expro Group in a research note on Thursday. Weiss Ratings lowered Expro Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 7th. Finally, Freedom Capital raised Expro Group from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $19.33.

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.