Insider Selling: Natural Gas Services Group, Inc. (NYSE:NGS) Director Sells $39,546.00 in Stock

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 1,521 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $26.00, for a total value of $39,546.00. Following the sale, the director now owns 516,866 shares in the company, valued at approximately $13,438,516. This represents a 0.29 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Stephen Charles Taylor also recently made the following trade(s):

• On Monday, November 18th, Stephen Charles Taylor sold 3,442 shares of Natural Gas Services Group stock. The stock was sold at an average price of $25.51, for a total transaction of $87,805.42.
• On Friday, November 15th, Stephen Charles Taylor sold 10,042 shares of Natural Gas Services Group stock. The shares were sold at an average price of $25.01, for a total transaction of $251,150.42.
• On Wednesday, November 13th, Stephen Charles Taylor sold 2,191 shares of Natural Gas Services Group stock. The stock was sold at an average price of $24.50, for a total transaction of $53,679.50.
• On Monday, November 11th, Stephen Charles Taylor sold 3,096 shares of Natural Gas Services Group stock. The shares were sold at an average price of $24.50, for a total transaction of $75,852.00.
• On Monday, August 26th, Stephen Charles Taylor sold 3,181 shares of Natural Gas Services Group stock. The stock was sold at an average price of $22.00, for a total value of $69,982.00.

Natural Gas Services Group Stock Performance

NYSE NGS opened at $27.88 on Friday. The stock has a market cap of $347.66 million, a PE ratio of 21.78 and a beta of 1.03. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.16 and a current ratio of 1.76. The firm has a 50-day moving average of $21.18 and a 200-day moving average of $20.74. Natural Gas Services Group, Inc. has a 52-week low of $12.75 and a 52-week high of $28.31.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on NGS shares. Raymond James began coverage on Natural Gas Services Group in a research report on Wednesday, August 7th. They issued a “strong-buy” rating and a $27.00 price objective for the company. StockNews.com upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Wednesday.

Institutional Investors Weigh In On Natural Gas Services Group

Hedge funds have recently bought and sold shares of the stock. MetLife Investment Management LLC increased its position in Natural Gas Services Group by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company’s stock worth $121,000 after buying an additional 3,564 shares during the period. BNP Paribas Financial Markets grew its stake in shares of Natural Gas Services Group by 54.7% in the third quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company’s stock valued at $165,000 after acquiring an additional 3,056 shares in the last quarter. Acadian Asset Management LLC bought a new position in Natural Gas Services Group during the second quarter worth about $208,000. Rhumbline Advisers raised its stake in Natural Gas Services Group by 2,513.0% in the 2nd quarter. Rhumbline Advisers now owns 12,072 shares of the oil and gas company’s stock worth $243,000 after purchasing an additional 11,610 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Natural Gas Services Group in the 3rd quarter worth about $261,000. 65.62% of the stock is currently owned by institutional investors and hedge funds.

About Natural Gas Services Group

Natural Gas Services Group, Inc provides natural gas compression equipment and services to the energy industry in the United States. It engineers and fabricates, operates, rents, and maintains natural gas compressors for oil and natural gas production and plant facilities. It also designs, fabricates, and assembles compressor units for rental or sale; and designs, manufactures, and sells a line of reciprocating natural gas compressor frames, cylinders, and parts.