Expro Group Holdings N.V. (NYSE:XPRO) Shares Acquired by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. raised its stake in shares of Expro Group Holdings N.V. (NYSE:XPRO - Free Report) by 98.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 117,378 shares of the company's stock after purchasing an additional 58,183 shares during the period. Oppenheimer Asset Management Inc. owned 0.10% of Expro Group worth $1,167,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of XPRO. T. Rowe Price Investment Management Inc. increased its position in Expro Group by 27.9% during 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 purchasing an additional 2,426,258 shares in the last quarter. Millennium Management LLC acquired a new position in Expro Group during the fourth quarter valued at approximately $21,711,000. American Century Companies Inc. grew its stake in Expro Group by 32.3% during the fourth 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 during the period. Brown Advisory Inc. increased its position in shares of Expro Group by 108.3% in the fourth quarter. Brown Advisory Inc. now owns 1,686,177 shares of the company's stock worth $21,027,000 after acquiring an additional 876,619 shares in the last quarter. Finally, William Blair Investment Management LLC increased its position in shares of Expro Group by 37.0% in the fourth quarter. William Blair Investment Management LLC now owns 2,809,682 shares of the company's stock worth $35,037,000 after acquiring an additional 758,449 shares in the last quarter. Hedge funds and other institutional investors own 92.07% of the company's stock.

Wall Street Analyst Weigh In

XPRO has been the topic of several recent research reports. Barclays reduced their target price on shares of Expro Group from $14.00 to $12.00 and set an "overweight" rating on the stock in a report on Wednesday, May 7th. The Goldman Sachs Group cut 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, Wells Fargo & Company assumed coverage on Expro Group in a research report on Tuesday, May 27th. They issued an "overweight" rating and a $12.00 target price for the company.

Expro Group Stock Up 2.4%

Shares of XPRO traded up $0.22 during mid-day trading on Wednesday, reaching $9.25. 466,059 shares of the stock traded hands, compared to its average volume of 1,253,392. The stock has a fifty day simple moving average of $8.55 and a 200 day simple moving average of $10.49. Expro Group Holdings N.V. has a 12-month low of $6.70 and a 12-month high of $24.50. 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 cap of $1.07 billion, a price-to-earnings ratio of 16.01, a P/E/G ratio of 0.84 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.