Profund Advisors LLC Cuts Holdings in Expro Group Holdings (NYSE:XPRO)

Profund Advisors LLC lowered its stake in shares of Expro Group Holdings (NYSE:XPRO) by 25.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,674 shares of the company’s stock after selling 5,212 shares during the period. Profund Advisors LLC’s holdings in Expro Group were worth $359,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC lifted its stake in shares of Expro Group by 58.0% during the 1st quarter. GAMMA Investing LLC now owns 1,452 shares of the company’s stock worth $29,000 after purchasing an additional 533 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Expro Group during the first quarter valued at about $141,000. nVerses Capital LLC bought a new stake in shares of Expro Group in the 2nd quarter valued at about $183,000. Transatlantique Private Wealth LLC bought a new position in shares of Expro Group during the 2nd quarter worth approximately $214,000. Finally, Aristides Capital LLC purchased a new stake in Expro Group during the fourth quarter valued at approximately $236,000. Institutional investors own 92.07% of the company’s stock.

Analyst Ratings Changes

XPRO has been the topic of a number of recent analyst reports. Barclays upped their price target on Expro Group from $27.00 to $28.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 31st. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $23.00 target price (up from $22.00) on shares of Expro Group in a research report on Monday, June 3rd.

Expro Group Trading Down 3.2 %

NYSE:XPRO opened at $16.50 on Friday. The company has a market capitalization of $1.94 billion, a P/E ratio of -91.67, a PEG ratio of 1.94 and a beta of 0.97. The company has a current ratio of 1.90, a quick ratio of 1.56 and a debt-to-equity ratio of 0.09. Expro Group Holdings has a 12 month low of $14.33 and a 12 month high of $25.04. The firm has a fifty day simple moving average of $19.95 and a 200-day simple moving average of $20.47.

Expro Group (NYSE:XPRO) last issued its quarterly earnings results on Thursday, July 25th. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). The firm had revenue of $469.64 million for the quarter, compared to analyst estimates of $419.20 million. Expro Group had a positive return on equity of 1.43% and a negative net margin of 0.84%. On average, equities research analysts anticipate that Expro Group Holdings will post 0.77 earnings per share for the current year.

About Expro Group

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.