Expro Group Holdings (NYSE:XPRO) Shares Bought by Emerald Advisers LLC

Emerald Advisers LLC raised its position in Expro Group Holdings (NYSE:XPRO) by 55.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 907,451 shares of the company’s stock after purchasing an additional 321,873 shares during the period. Emerald Advisers LLC’s holdings in Expro Group were worth $15,581,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Gamco Investors INC. ET AL grew its holdings in Expro Group by 0.9% in the first quarter. Gamco Investors INC. ET AL now owns 61,765 shares of the company’s stock valued at $1,233,000 after purchasing an additional 550 shares during the last quarter. ProShare Advisors LLC boosted its stake in shares of Expro Group by 8.5% during the first quarter. ProShare Advisors LLC now owns 16,099 shares of the company’s stock valued at $321,000 after acquiring an additional 1,267 shares during the last quarter. Essex Investment Management Co. LLC boosted its stake in shares of Expro Group by 1.9% during the first quarter. Essex Investment Management Co. LLC now owns 88,193 shares of the company’s stock valued at $1,761,000 after acquiring an additional 1,654 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Expro Group by 11.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,090 shares of the company’s stock valued at $575,000 after acquiring an additional 2,649 shares during the last quarter. Finally, Swiss National Bank boosted its stake in shares of Expro Group by 1.9% during the first quarter. Swiss National Bank now owns 185,700 shares of the company’s stock valued at $3,708,000 after acquiring an additional 3,500 shares during the last quarter. Institutional investors and hedge funds own 92.07% of the company’s stock.

Analyst Ratings Changes

Separately, Barclays decreased 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 Price Performance

Shares of XPRO traded up $0.02 during trading hours on Friday, reaching $12.77. 951,887 shares of the company traded hands, compared to its average volume of 1,415,347. The stock has a fifty day simple moving average of $17.09 and a 200 day simple moving average of $19.83. Expro Group Holdings has a fifty-two week low of $12.66 and a fifty-two week high of $24.50. The stock has a market capitalization of $1.50 billion, a PE ratio of 91.21, a price-to-earnings-growth ratio of 1.52 and a beta of 0.99. 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 (NYSE:XPRO) last released its earnings results on Thursday, October 24th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.04. Expro Group had a return on equity of 3.70% and a net margin of 0.98%. The firm had revenue of $422.83 million for the quarter, compared to the consensus estimate of $436.62 million. During the same period in the prior year, the business posted ($0.11) earnings per share. The firm’s revenue for the quarter was up 14.3% compared to the same quarter last year. As a group, research analysts predict that Expro Group Holdings will post 0.7 EPS for the current fiscal year.

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.