Expro Group Holdings (NYSE:XPRO) Shares Purchased by Arizona State Retirement System

Arizona State Retirement System raised its stake in Expro Group Holdings (NYSE:XPRO) by 22.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,977 shares of the company’s stock after acquiring an additional 5,266 shares during the quarter. Arizona State Retirement System’s holdings in Expro Group were worth $361,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Victory Capital Management Inc. grew its holdings in shares of Expro Group by 6.1% during the fourth quarter. Victory Capital Management Inc. now owns 503,942 shares of the company’s stock worth $6,284,000 after buying an additional 29,141 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Expro Group by 10.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,157,555 shares of the company’s stock worth $14,435,000 after acquiring an additional 104,826 shares during the last quarter. US Bancorp DE grew its stake in Expro Group by 56.0% in the 4th quarter. US Bancorp DE now owns 4,171 shares of the company’s stock worth $52,000 after acquiring an additional 1,497 shares during the period. Leeward Investments LLC MA acquired a new position in Expro Group in the 4th quarter valued at $7,026,000. Finally, Rhumbline Advisers lifted its stake in shares of Expro Group by 1.6% during the 4th quarter. Rhumbline Advisers now owns 153,159 shares of the company’s stock worth $1,910,000 after purchasing an additional 2,477 shares during the period. 92.07% of the stock is owned by institutional investors and hedge funds.

Expro Group Stock Up 3.4 %

Shares of NYSE XPRO opened at $10.68 on Friday. The stock has a market capitalization of $1.24 billion, a PE ratio of 76.26, a P/E/G ratio of 1.28 and a beta of 1.12. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09. The firm has a fifty day moving average of $12.82 and a 200-day moving average of $14.19. Expro Group Holdings has a 52-week low of $9.85 and a 52-week high of $24.50.

Insider Activity at Expro Group

In other Expro Group news, Director Robert Wayne Drummond, Jr. acquired 18,000 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was bought at an average price of $11.39 per share, with a total value of $205,020.00. Following the completion of the transaction, the director now directly owns 69,181 shares of the company’s stock, valued at approximately $787,971.59. The trade was a 35.17 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Michael Jardon bought 45,200 shares of Expro Group stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average price of $10.91 per share, for a total transaction of $493,132.00. Following the acquisition, the chief executive officer now directly owns 336,674 shares in the company, valued at approximately $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 owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. The Goldman Sachs Group began coverage on Expro Group in a research report on Friday, December 13th. They issued a “neutral” rating and a $18.00 price objective for the company. Barclays lowered their price target on Expro Group from $17.00 to $14.00 and set an “overweight” rating for the company in a report on Wednesday, March 5th.

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.