Graham Capital Management L.P. Sells 21,864 Shares of Expro Group Holdings N.V. $XPRO

Key Points

• Graham Capital Management L.P. reduced its stake in Expro Group Holdings N.V. by 16.9% in Q1, now holding 0.09% of the company worth approximately $1.07 million.
• Expro Group’s stock has faced a 2.7% decline, currently priced at $11.99, with a market cap of $1.39 billion and a P/E ratio of 19.65.
• Recent analyst activity includes upgrades, with Barclays increasing the price target from $12.00 to $15.00, reflecting a positive outlook for Expro Group's stock.

Graham Capital Management L.P. lowered its position in Expro Group Holdings N.V. (NYSE:XPRO - Free Report) by 16.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 107,812 shares of the company's stock after selling 21,864 shares during the period. Graham Capital Management L.P. owned approximately 0.09% of Expro Group worth $1,072,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nuveen LLC purchased a new position in shares of Expro Group during the 1st quarter valued at approximately $8,231,000. Harbor Capital Advisors Inc. grew its holdings in Expro Group by 206.3% in the 1st quarter. Harbor Capital Advisors Inc. now owns 110,472 shares of the company's stock valued at $1,098,000 after buying an additional 74,401 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Expro Group by 60.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 423,390 shares of the company's stock valued at $4,208,000 after purchasing an additional 159,411 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Expro Group by 0.8% in the 1st quarter. Victory Capital Management Inc. now owns 507,804 shares of the company's stock valued at $5,048,000 after purchasing an additional 3,862 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its stake in shares of Expro Group by 98.3% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 117,378 shares of the company's stock valued at $1,167,000 after purchasing an additional 58,183 shares during the last quarter. Institutional investors and hedge funds own 92.07% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on XPRO shares. Piper Sandler lifted their price objective on Expro Group from $10.00 to $11.00 and gave the company a "neutral" rating in a research note on Thursday, August 14th. Barclays raised their price target on Expro Group from $12.00 to $15.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Pickering Energy Partners assumed coverage on Expro Group in a report on Monday, July 28th. They set an "outperform" rating on the stock. Finally, Wells Fargo & Company assumed coverage on Expro Group in a report on Tuesday, May 27th. They issued an "overweight" rating and a $12.00 price target for the company. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $12.50.

Expro Group Stock Performance

Shares of XPRO traded down $0.17 during midday trading on Friday, hitting $12.36. 1,766,706 shares of the stock traded hands, compared to its average volume of 1,124,990. The firm has a market capitalization of $1.43 billion, a PE ratio of 15.13 and a beta of 1.24. The business's 50 day moving average price is $10.35 and its two-hundred day moving average price is $9.61. Expro Group Holdings N.V. has a 1-year low of $6.70 and a 1-year high of $18.75. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.78 and a current ratio of 2.14.

Expro Group (NYSE:XPRO - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.04. Expro Group had a return on equity of 6.43% and a net margin of 4.26%.The firm had revenue of $422.74 million for the quarter, compared to analyst estimates of $408.04 million. Expro Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts predict that Expro Group Holdings N.V. will post 0.68 EPS for the current fiscal year.

Expro Group Company 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.