Expro Group Holdings N.V. $XPRO Shares Purchased by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC increased its stake in shares of Expro Group Holdings N.V. (NYSE:XPRO) by 344.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 260,062 shares of the company’s stock after purchasing an additional 201,535 shares during the period. Brandywine Global Investment Management LLC’s holdings in Expro Group were worth $3,472,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Global Retirement Partners LLC acquired a new position in shares of Expro Group during the 4th quarter worth about $51,000. Tower Research Capital LLC TRC raised its position in shares of Expro Group by 594.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 11,942 shares of the company’s stock worth $103,000 after purchasing an additional 10,223 shares during the last quarter. Strs Ohio acquired a new position in shares of Expro Group during the 1st quarter worth about $104,000. US Bancorp DE raised its position in shares of Expro Group by 8.6% during the 3rd quarter. US Bancorp DE now owns 10,062 shares of the company’s stock worth $120,000 after purchasing an additional 799 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of Expro Group by 773.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 10,285 shares of the company’s stock worth $122,000 after purchasing an additional 9,107 shares during the last quarter. Institutional investors and hedge funds own 92.07% of the company’s stock.

Insider Transactions at Expro Group

In related news, Director Eileen Goss Whelley sold 6,168 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $15.14, for a total transaction of $93,383.52. Following the completion of the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.80% of the company’s stock.

Expro Group Stock Up 1.0%

Shares of NYSE XPRO opened at $16.43 on Thursday. Expro Group Holdings N.V. has a 12-month low of $8.20 and a 12-month high of $18.73. The stock has a market cap of $1.86 billion, a PE ratio of 51.33 and a beta of 0.89. The company has a current ratio of 2.13, a quick ratio of 1.76 and a debt-to-equity ratio of 0.06. The company has a 50-day moving average of $16.39 and a 200 day moving average of $15.86.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on XPRO shares. Barclays upped their price target on shares of Expro Group from $21.00 to $23.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Weiss Ratings downgraded shares of Expro Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 7th. Piper Sandler upped their price objective on shares of Expro Group from $13.00 to $16.00 and gave the company an “underweight” rating in a research note on Wednesday, April 15th. Freedom Capital raised shares of Expro Group from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. Finally, KeyCorp raised shares of Expro Group to a “neutral” rating in a research note on Thursday, June 4th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $19.33.

Expro Group Company Profile

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.