Expro Group Holdings N.V. $XPRO Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. lessened its holdings in shares of Expro Group Holdings N.V. (NYSE:XPRO) by 12.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 356,188 shares of the company’s stock after selling 49,792 shares during the period. Pacer Advisors Inc. owned approximately 0.31% of Expro Group worth $4,755,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Jennison Associates LLC acquired a new position in Expro Group during the 4th quarter valued at about $58,165,000. Price T Rowe Associates Inc. MD boosted its holdings in Expro Group by 20.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,030,884 shares of the company’s stock worth $147,264,000 after acquiring an additional 1,878,245 shares in the last quarter. Bridgeway Capital Management LLC purchased a new stake in shares of Expro Group during the fourth quarter worth about $12,263,000. Goldman Sachs Group Inc. grew its stake in shares of Expro Group by 70.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,251,514 shares of the company’s stock worth $16,708,000 after acquiring an additional 518,210 shares during the last quarter. Finally, Empowered Funds LLC acquired a new position in shares of Expro Group during the fourth quarter valued at about $6,897,000. Institutional investors and hedge funds own 92.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on XPRO. Barclays increased their price objective on shares of Expro Group from $21.00 to $23.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. The Goldman Sachs Group set a $19.00 price target on shares of Expro Group in a research note on Thursday, June 4th. Piper Sandler raised their price target on shares of Expro Group from $13.00 to $16.00 and gave the stock an “underweight” rating in a report on Wednesday, April 15th. Freedom Capital upgraded shares of Expro Group from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. Finally, Weiss Ratings lowered shares of Expro Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 7th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $19.33.

Expro Group Trading Up 0.3%

Expro Group stock opened at $13.86 on Tuesday. The stock has a 50-day moving average price of $16.10 and a 200 day moving average price of $15.92. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of 43.31 and a beta of 0.90. Expro Group Holdings N.V. has a 52 week low of $8.20 and a 52 week high of $18.73. The company has a quick ratio of 1.76, a current ratio of 2.13 and a debt-to-equity ratio of 0.06.

Insider Buying and Selling

In other Expro Group news, Director Eileen Goss Whelley sold 6,168 shares of Expro Group stock in a transaction that occurred on 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 directly owned 47,648 shares in the company, valued at approximately $721,390.72. The trade was a 11.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.80% of the company’s stock.

About Expro Group

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.