Insider Buying: Expro Group Holdings (NYSE:XPRO) CEO Buys $493,132.00 in Stock

Expro Group Holdings (NYSE:XPRO) CEO Michael Jardon bought 45,200 shares of the stock in a transaction dated Tuesday, December 17th. The stock was bought at an average cost of $10.91 per share, with a total value of $493,132.00. Following the purchase, the chief executive officer now owns 336,674 shares in the company, valued at $3,673,113.34. The trade was a 15.51 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Expro Group Trading Up 0.5 %

XPRO opened at $11.60 on Friday. Expro Group Holdings has a one year low of $10.71 and a one year high of $24.50. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.62. The business has a 50 day simple moving average of $13.69 and a two-hundred day simple moving average of $18.07. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 82.86, a PEG ratio of 1.43 and a beta of 1.00.

Expro Group (NYSE:XPRO) last announced its earnings results on Thursday, October 24th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. The company had revenue of $422.83 million during the quarter, compared to the consensus estimate of $436.62 million. Expro Group had a return on equity of 3.70% and a net margin of 0.98%. The firm’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.11) earnings per share. Analysts predict that Expro Group Holdings will post 0.7 EPS for the current year.

Analyst Ratings Changes

Several brokerages have weighed in on XPRO. The Goldman Sachs Group assumed coverage on Expro Group in a research report on Friday, December 13th. They issued a “neutral” rating and a $18.00 price objective for the company. Barclays dropped their price target on shares of Expro Group from $28.00 to $18.00 and set an “overweight” rating for the company in a research report on Monday, October 28th.

Institutional Investors Weigh In On Expro Group

Large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its holdings in Expro Group by 7.0% in the second quarter. Dimensional Fund Advisors LP now owns 3,334,758 shares of the company’s stock worth $76,435,000 after buying an additional 219,432 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of Expro Group in the 2nd quarter worth approximately $9,811,000. Loomis Sayles & Co. L P bought a new position in shares of Expro Group in the 3rd quarter worth approximately $16,159,000. Barclays PLC boosted its position in shares of Expro Group by 40.1% during the third quarter. Barclays PLC now owns 473,492 shares of the company’s stock valued at $8,129,000 after purchasing an additional 135,481 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Expro Group by 20.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,052,729 shares of the company’s stock valued at $18,075,000 after purchasing an additional 176,132 shares in the last quarter. Institutional investors own 92.07% 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.