Natural Gas Services Group, Inc. (NYSE:NGS) Director Sells $75,852.00 in Stock

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 3,096 shares of the stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $24.50, for a total value of $75,852.00. Following the transaction, the director now directly owns 545,291 shares in the company, valued at approximately $13,359,629.50. This represents a 0.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Stephen Charles Taylor also recently made the following trade(s):

• On Wednesday, November 13th, Stephen Charles Taylor sold 2,191 shares of Natural Gas Services Group stock. The shares were sold at an average price of $24.50, for a total value of $53,679.50.
• On Monday, August 26th, Stephen Charles Taylor sold 3,181 shares of Natural Gas Services Group stock. The shares were sold at an average price of $22.00, for a total value of $69,982.00.
• On Tuesday, August 20th, Stephen Charles Taylor sold 4,690 shares of Natural Gas Services Group stock. The shares were sold at an average price of $22.14, for a total value of $103,836.60.

Natural Gas Services Group Price Performance

Shares of NYSE:NGS opened at $24.55 on Friday. Natural Gas Services Group, Inc. has a 1-year low of $12.75 and a 1-year high of $25.24. The firm has a market capitalization of $306.14 million, a PE ratio of 23.16 and a beta of 1.03. The business’s 50 day moving average is $20.33 and its 200-day moving average is $20.60. The company has a current ratio of 2.34, a quick ratio of 1.66 and a debt-to-equity ratio of 0.66.

Natural Gas Services Group (NYSE:NGS) last posted its earnings results on Wednesday, August 14th. The oil and gas company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.29 by $0.05. The business had revenue of $38.49 million during the quarter, compared to the consensus estimate of $36.79 million. Natural Gas Services Group had a return on equity of 5.53% and a net margin of 9.25%. During the same quarter last year, the company earned $0.10 EPS. Sell-side analysts predict that Natural Gas Services Group, Inc. will post 1.23 earnings per share for the current year.

Hedge Funds Weigh In On Natural Gas Services Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. GSA Capital Partners LLP lifted its position in shares of Natural Gas Services Group by 3.2% during the 3rd quarter. GSA Capital Partners LLP now owns 18,070 shares of the oil and gas company’s stock worth $345,000 after buying an additional 557 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Natural Gas Services Group by 5.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,148 shares of the oil and gas company’s stock worth $595,000 after buying an additional 1,485 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Natural Gas Services Group by 54.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company’s stock worth $165,000 after buying an additional 3,056 shares during the period. MetLife Investment Management LLC lifted its position in shares of Natural Gas Services Group by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company’s stock worth $121,000 after buying an additional 3,564 shares during the period. Finally, Empowered Funds LLC raised its position in Natural Gas Services Group by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 88,857 shares of the oil and gas company’s stock valued at $1,698,000 after purchasing an additional 4,422 shares during the last quarter. Institutional investors own 65.62% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on NGS. StockNews.com lowered Natural Gas Services Group from a “hold” rating to a “sell” rating in a report on Tuesday. Raymond James started coverage on Natural Gas Services Group in a report on Wednesday, August 7th. They issued a “strong-buy” rating and a $27.00 target price on the stock.

About Natural Gas Services Group

Natural Gas Services Group, Inc provides natural gas compression equipment and services to the energy industry in the United States. It engineers and fabricates, operates, rents, and maintains natural gas compressors for oil and natural gas production and plant facilities. It also designs, fabricates, and assembles compressor units for rental or sale; and designs, manufactures, and sells a line of reciprocating natural gas compressor frames, cylinders, and parts.