Mistras Group Inc (NYSE:MG) EVP Michael C. Keefe sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $22.80, for a total value of $91,200.00. Following the completion of the sale, the executive vice president now owns 38,761 shares in the company, valued at approximately $883,750.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Mistras Group Inc (NYSE:MG) traded down $0.21 during mid-day trading on Tuesday, hitting $22.72. The stock had a trading volume of 90,274 shares, compared to its average volume of 77,507. The company has a current ratio of 2.21, a quick ratio of 2.08 and a debt-to-equity ratio of 0.41. The firm has a market cap of $645.59, a P/E ratio of 40.75 and a beta of 1.18. Mistras Group Inc has a twelve month low of $17.00 and a twelve month high of $26.46.

Mistras Group (NYSE:MG) last announced its earnings results on Monday, November 6th. The technology company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.02). The business had revenue of $179.57 million for the quarter, compared to analyst estimates of $172.28 million. Mistras Group had a return on equity of 6.16% and a net margin of 0.68%. research analysts forecast that Mistras Group Inc will post 0.46 EPS for the current year.

A number of research analysts have issued reports on the company. Robert W. Baird decreased their price target on Mistras Group from $24.00 to $19.00 and set an “outperform” rating for the company in a report on Wednesday, August 9th. BidaskClub downgraded Mistras Group from a “hold” rating to a “sell” rating in a report on Friday, August 18th. Zacks Investment Research downgraded Mistras Group from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. KeyCorp reissued a “hold” rating on shares of Mistras Group in a report on Friday, August 25th. Finally, Canaccord Genuity decreased their price target on Mistras Group from $22.00 to $20.00 and set a “hold” rating for the company in a report on Thursday, August 10th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. Mistras Group has a consensus rating of “Hold” and an average target price of $34.71.

Several hedge funds have recently made changes to their positions in MG. Vanguard Group Inc. raised its stake in shares of Mistras Group by 6.7% during the 1st quarter. Vanguard Group Inc. now owns 1,352,110 shares of the technology company’s stock worth $28,908,000 after buying an additional 85,240 shares during the period. Geode Capital Management LLC raised its stake in shares of Mistras Group by 12.9% during the 1st quarter. Geode Capital Management LLC now owns 135,111 shares of the technology company’s stock worth $2,887,000 after buying an additional 15,447 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Mistras Group by 1.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,041,824 shares of the technology company’s stock worth $22,273,000 after buying an additional 16,755 shares during the period. Schwab Charles Investment Management Inc. raised its stake in shares of Mistras Group by 5.3% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 61,464 shares of the technology company’s stock worth $1,315,000 after buying an additional 3,078 shares during the period. Finally, Wedge Capital Management L L P NC raised its stake in shares of Mistras Group by 5.2% during the 2nd quarter. Wedge Capital Management L L P NC now owns 788,976 shares of the technology company’s stock worth $17,334,000 after buying an additional 38,956 shares during the period. 62.14% of the stock is owned by institutional investors and hedge funds.

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Mistras Group Company Profile

Insider Buying and Selling by Quarter for Mistras Group (NYSE:MG)

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