Leeward Investments LLC MA Invests $7.03 Million in Expro Group Holdings (NYSE:XPRO)

Leeward Investments LLC MA purchased a new stake in Expro Group Holdings (NYSE:XPRO) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 563,419 shares of the company’s stock, valued at approximately $7,026,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Westfield Capital Management Co. LP bought a new position in Expro Group during the 3rd quarter worth $26,481,000. Loomis Sayles & Co. L P acquired a new position in shares of Expro Group in the third quarter valued at about $16,159,000. Emerald Advisers LLC increased its position in Expro Group by 55.0% during the third quarter. Emerald Advisers LLC now owns 907,451 shares of the company’s stock worth $15,581,000 after acquiring an additional 321,873 shares during the period. Emerald Mutual Fund Advisers Trust raised its stake in Expro Group by 64.7% in the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 739,080 shares of the company’s stock worth $12,690,000 after purchasing an additional 290,212 shares in the last quarter. Finally, Yaupon Capital Management LP boosted its holdings in Expro Group by 318.3% in the 3rd quarter. Yaupon Capital Management LP now owns 288,301 shares of the company’s stock valued at $4,950,000 after purchasing an additional 219,380 shares during the period. Institutional investors and hedge funds own 92.07% of the company’s stock.

Insider Transactions at Expro Group

In other Expro Group news, Director Robert Wayne Drummond, Jr. bought 18,000 shares of Expro Group stock in a transaction on Monday, December 16th. The shares were purchased at an average price of $11.39 per share, with a total value of $205,020.00. Following the acquisition, the director now owns 69,181 shares in the company, valued at $787,971.59. This trade represents a 35.17 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael Jardon purchased 45,200 shares of the stock in a transaction dated Tuesday, December 17th. The shares were acquired at an average cost of $10.91 per share, with a total value of $493,132.00. Following the acquisition, the chief executive officer now directly owns 336,674 shares in the company, valued at $3,673,113.34. This represents a 15.51 % increase in their position. The disclosure for this purchase can be found here. 1.50% of the stock is currently owned by insiders.

Expro Group Trading Down 2.7 %

XPRO opened at $13.04 on Monday. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09. Expro Group Holdings has a twelve month low of $10.71 and a twelve month high of $24.50. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 93.11, a P/E/G ratio of 1.28 and a beta of 0.99. The company has a 50-day simple moving average of $13.05 and a 200 day simple moving average of $15.11.

Analyst Ratings Changes

Several brokerages have recently commented on XPRO. The Goldman Sachs Group started coverage on shares of Expro Group in a report on Friday, December 13th. They set a “neutral” rating and a $18.00 target price on the stock. Barclays lowered their price objective on Expro Group from $28.00 to $18.00 and set an “overweight” rating on the stock in a research note on Monday, October 28th.

Expro Group 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.