Expro Group Holdings N.V. (NYSE:XPRO) Shares Sold by Emerald Advisers LLC

Emerald Advisers LLC cut its stake in shares of Expro Group Holdings N.V. (NYSE:XPRO - Free Report) by 99.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,682 shares of the company's stock after selling 468,499 shares during the quarter. Emerald Advisers LLC's holdings in Expro Group were worth $27,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. T. Rowe Price Investment Management Inc. increased its holdings in Expro Group by 27.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,125,506 shares of the company's stock worth $138,736,000 after buying an additional 2,426,258 shares in the last quarter. Vanguard Group Inc. increased its holdings in Expro Group by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 10,236,260 shares of the company's stock worth $127,646,000 after buying an additional 260,914 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Expro Group by 18.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,754,280 shares of the company's stock worth $59,283,000 after buying an additional 728,836 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Expro Group by 11.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,376,250 shares of the company's stock worth $54,573,000 after buying an additional 436,411 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in Expro Group by 32.3% in the 4th quarter. American Century Companies Inc. now owns 4,206,985 shares of the company's stock worth $52,461,000 after buying an additional 1,027,825 shares in the last quarter. 92.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on XPRO shares. Barclays cut their price target on Expro Group from $14.00 to $12.00 and set an "overweight" rating for the company in a research note on Wednesday, May 7th. Wells Fargo & Company began coverage on Expro Group in a research report on Tuesday, May 27th. They set an "overweight" rating and a $12.00 price objective on the stock. The Goldman Sachs Group lowered their price objective on Expro Group from $17.00 to $12.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Finally, Piper Sandler began coverage on Expro Group in a research report on Tuesday. They set a "neutral" rating and a $10.00 price objective on the stock.

Expro Group Price Performance

Shares of XPRO traded down $0.23 during mid-day trading on Friday, hitting $8.34. 246,049 shares of the stock were exchanged, compared to its average volume of 1,239,387. Expro Group Holdings N.V. has a 52-week low of $6.70 and a 52-week high of $24.50. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.74 and a current ratio of 2.11. The firm has a 50-day moving average of $8.77 and a two-hundred day moving average of $10.29. The company has a market cap of $961.78 million, a PE ratio of 14.41 and a beta of 1.17.

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.