Geoffrey C. Stanford Sells 6,336 Shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Stock

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) insider Geoffrey C. Stanford sold 6,336 shares of the firm’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $3.75, for a total transaction of $23,760.00. Following the sale, the insider now owns 28,836 shares of the company’s stock, valued at approximately $108,135. This represents a 18.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

KLX Energy Services Stock Down 7.0 %

KLXE stock opened at $3.56 on Monday. The company has a 50 day moving average of $4.92 and a two-hundred day moving average of $5.16. The company has a market cap of $61.95 million, a price-to-earnings ratio of -1.20 and a beta of 1.98. KLX Energy Services Holdings, Inc. has a 12-month low of $3.50 and a 12-month high of $8.13. The company has a quick ratio of 1.08, a current ratio of 1.24 and a debt-to-equity ratio of 105.76.

Institutional Trading of KLX Energy Services

Several hedge funds and other institutional investors have recently modified their holdings of the company. CastleKnight Management LP grew its stake in KLX Energy Services by 32.9% in the fourth quarter. CastleKnight Management LP now owns 510,020 shares of the company’s stock valued at $2,540,000 after purchasing an additional 126,341 shares in the last quarter. American Century Companies Inc. grew its stake in shares of KLX Energy Services by 1.9% in the 4th quarter. American Century Companies Inc. now owns 216,500 shares of the company’s stock valued at $1,078,000 after buying an additional 3,981 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of KLX Energy Services by 4.8% in the 3rd quarter. Geode Capital Management LLC now owns 160,342 shares of the company’s stock valued at $877,000 after buying an additional 7,328 shares in the last quarter. Fidelity National Financial Inc. acquired a new position in KLX Energy Services in the fourth quarter worth approximately $477,000. Finally, Clifford Capital Partners LLC raised its position in KLX Energy Services by 13.7% during the third quarter. Clifford Capital Partners LLC now owns 79,985 shares of the company’s stock valued at $438,000 after acquiring an additional 9,638 shares in the last quarter. 42.69% of the stock is currently owned by hedge funds and other institutional investors.

KLX Energy Services Company Profile

KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals; and various technologies, including gamma ray, azimuthal gamma ray, real-time continuous inclination and azimuth, rotary steerable, pressure-while-drilling, mode shifting, stick-slip and destructive dynamics, dynamic sequencing and real-time shock, and vibration modules.