37,000 Shares in Expro Group Holdings N.V. $XPRO Purchased by Magnetar Financial LLC

Key Points

• Magnetar Financial LLC has acquired a new stake in Expro Group Holdings N.V. for $368,000 by purchasing 37,000 shares during the first quarter.
• Other institutional investors have also increased their holdings, with notable stakes from Fifth Third Bancorp, which invested approximately $87,000, and GAMMA Investing LLC, which boosted its stake by over 3,351% to a total value of $1.19 million.
• Expro Group's stock is currently rated as a "Moderate Buy" by analysts, with a consensus target price of $12.50, after its recent earnings report showed stronger-than-expected earnings per share of $0.16 compared to estimates.

Magnetar Financial LLC acquired a new position in shares of Expro Group Holdings N.V. (NYSE:XPRO - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 37,000 shares of the company's stock, valued at approximately $368,000.

Other hedge funds have also added to or reduced their stakes in the company. Fifth Third Bancorp acquired a new stake in Expro Group during the 1st quarter worth $87,000. Brighton Jones LLC acquired a new stake in Expro Group during the 1st quarter worth $103,000. Tower Research Capital LLC TRC increased its holdings in Expro Group by 1,413.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 11,126 shares of the company's stock worth $139,000 after purchasing an additional 10,391 shares in the last quarter. Versor Investments LP bought a new position in Expro Group during the 1st quarter worth about $111,000. Finally, GAMMA Investing LLC increased its holdings in Expro Group by 3,351.6% during the 1st quarter. GAMMA Investing LLC now owns 11,839 shares of the company's stock worth $1,191,000 after purchasing an additional 11,496 shares in the last quarter. Institutional investors and hedge funds own 92.07% of the company's stock.

Expro Group Stock Down 1.4%

Shares of NYSE XPRO traded down $0.17 during mid-day trading on Friday, hitting $12.36. The company had a trading volume of 1,766,706 shares, compared to its average volume of 1,124,990. The company has a market capitalization of $1.43 billion, a PE ratio of 20.26 and a beta of 1.24. The firm has a 50-day simple moving average of $10.35 and a two-hundred day simple moving average of $9.64. The company has a current ratio of 2.14, a quick ratio of 1.78 and a debt-to-equity ratio of 0.09. Expro Group Holdings N.V. has a one year low of $6.70 and a one year high of $18.75.

Expro Group (NYSE:XPRO - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.04. The company had revenue of $422.74 million during the quarter, compared to analysts' expectations of $408.04 million. Expro Group had a return on equity of 6.43% and a net margin of 4.26%. Expro Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts expect that Expro Group Holdings N.V. will post 0.68 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.