Envestnet Asset Management Inc. Raises Stock Holdings in Expro Group Holdings N.V. (NYSE:XPRO)

Envestnet Asset Management Inc. raised its position in shares of Expro Group Holdings N.V. (NYSE:XPRO - Free Report) by 60.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 423,390 shares of the company's stock after acquiring an additional 159,411 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.36% of Expro Group worth $4,208,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Harbor Capital Advisors Inc. boosted its position in shares of Expro Group by 206.3% during the first quarter. Harbor Capital Advisors Inc. now owns 110,472 shares of the company's stock worth $1,098,000 after buying an additional 74,401 shares during the period. Oppenheimer Asset Management Inc. grew its stake in shares of Expro Group by 98.3% in the first quarter. Oppenheimer Asset Management Inc. now owns 117,378 shares of the company's stock valued at $1,167,000 after buying an additional 58,183 shares in the last quarter. Sei Investments Co. grew its stake in shares of Expro Group by 66.6% in the fourth quarter. Sei Investments Co. now owns 50,950 shares of the company's stock valued at $635,000 after buying an additional 20,365 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Expro Group by 19.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,925,259 shares of the company's stock valued at $24,008,000 after buying an additional 318,043 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Expro Group by 58.5% during the fourth quarter. Invesco Ltd. now owns 222,519 shares of the company's stock worth $2,775,000 after purchasing an additional 82,142 shares during the period. Institutional investors and hedge funds own 92.07% of the company's stock.

Expro Group Stock Performance

NYSE:XPRO opened at $8.61 on Friday. Expro Group Holdings N.V. has a 12-month low of $6.70 and a 12-month high of $23.96. The company has a quick ratio of 1.74, a current ratio of 2.11 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $992.93 million, a PE ratio of 14.84 and a beta of 1.17. The firm has a 50-day moving average price of $8.79 and a 200 day moving average price of $10.11.

Analyst Ratings Changes

XPRO has been the subject of a number of recent analyst reports. The Goldman Sachs Group cut their target price 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. Wells Fargo & Company started coverage on Expro Group in a research report on Tuesday, May 27th. They issued an "overweight" rating and a $12.00 price target on the stock. Barclays dropped their price target on Expro Group from $14.00 to $12.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 7th. Finally, Piper Sandler started coverage on Expro Group in a research report on Tuesday, July 15th. They issued a "neutral" rating and a $10.00 price target on the stock.

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.

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