Natural Gas Services Group, Inc. (NYSE:NGS) CEO Stephen Charles Taylor sold 12,000 shares of the firm’s stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $24.99, for a total value of $299,880.00. Following the completion of the sale, the chief executive officer now owns 284,245 shares in the company, valued at $7,103,282.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Natural Gas Services Group, Inc. (NYSE:NGS) traded down 3.56% during midday trading on Wednesday, hitting $24.35. 41,637 shares of the company were exchanged. The company’s 50 day moving average price is $25.83 and its 200 day moving average price is $27.84. The firm has a market cap of $315.02 million, a P/E ratio of 76.09 and a beta of 1.23. Natural Gas Services Group, Inc. has a one year low of $20.65 and a one year high of $34.50.

Natural Gas Services Group (NYSE:NGS) last announced its quarterly earnings results on Thursday, May 4th. The oil and gas company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by $0.04. Natural Gas Services Group had a net margin of 6.06% and a return on equity of 1.80%. The company had revenue of $18.92 million during the quarter, compared to the consensus estimate of $15.80 million. During the same quarter last year, the company earned $0.20 earnings per share. The business’s revenue was down 12.4% on a year-over-year basis. Equities analysts expect that Natural Gas Services Group, Inc. will post $0.29 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: This piece was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another publication, it was copied illegally and republished in violation of U.S. and international copyright & trademark law. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2017/07/05/stephen-charles-taylor-sells-12000-shares-of-natural-gas-services-group-inc-ngs-stock.html.

A number of equities research analysts have issued reports on NGS shares. Zacks Investment Research cut Natural Gas Services Group from a “hold” rating to a “sell” rating in a research note on Wednesday, May 3rd. ValuEngine upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Wednesday, May 31st. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. Natural Gas Services Group has a consensus rating of “Hold” and a consensus target price of $32.50.

Institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its position in Natural Gas Services Group by 4.4% in the first quarter. Goldman Sachs Group Inc. now owns 14,148 shares of the oil and gas company’s stock worth $369,000 after buying an additional 599 shares in the last quarter. Bank of America Corp DE raised its position in Natural Gas Services Group by 29.0% in the first quarter. Bank of America Corp DE now owns 5,239 shares of the oil and gas company’s stock worth $137,000 after buying an additional 1,178 shares in the last quarter. Schwab Charles Investment Management Inc. raised its position in Natural Gas Services Group by 16.3% in the first quarter. Schwab Charles Investment Management Inc. now owns 89,306 shares of the oil and gas company’s stock worth $2,327,000 after buying an additional 12,517 shares in the last quarter. Renaissance Technologies LLC raised its position in Natural Gas Services Group by 18.9% in the first quarter. Renaissance Technologies LLC now owns 314,400 shares of the oil and gas company’s stock worth $8,190,000 after buying an additional 49,900 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in Natural Gas Services Group by 1.8% in the first quarter. Vanguard Group Inc. now owns 555,301 shares of the oil and gas company’s stock worth $14,466,000 after buying an additional 9,793 shares in the last quarter. 87.97% of the stock is currently owned by institutional investors.

Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.

Insider Buying and Selling by Quarter for Natural Gas Services Group (NYSE:NGS)

Receive News & Ratings for Natural Gas Services Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Gas Services Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.