Trexquant Investment LP Invests $1.33 Million in Expro Group Holdings N.V. $XPRO

Key Points

• Trexquant Investment LP has invested approximately $1.33 million in Expro Group Holdings N.V., acquiring 134,242 shares in the first quarter, representing 0.12% of the company's ownership.
• Expro Group's stock opened at $12.36, with a market cap of $1.43 billion and recent earnings per share (EPS) reported at $0.16, surpassing analysts' expectations.
• Analysts have a positive outlook on Expro Group, with Barclays raising the price target to $15.00 and a consensus rating of "Moderate Buy" with an average target price of $12.50.

Trexquant Investment LP acquired a new position in shares of Expro Group Holdings N.V. (NYSE:XPRO - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 134,242 shares of the company's stock, valued at approximately $1,334,000. Trexquant Investment LP owned about 0.12% of Expro Group as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Nuveen LLC purchased a new position in shares of Expro Group in the 1st quarter valued at about $8,231,000. Harbor Capital Advisors Inc. increased its holdings in Expro Group by 206.3% during the 1st quarter. Harbor Capital Advisors Inc. now owns 110,472 shares of the company's stock valued at $1,098,000 after acquiring an additional 74,401 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Expro Group by 60.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 423,390 shares of the company's stock worth $4,208,000 after purchasing an additional 159,411 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of Expro Group by 0.8% in the first quarter. Victory Capital Management Inc. now owns 507,804 shares of the company's stock worth $5,048,000 after acquiring an additional 3,862 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. raised its holdings in 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 during the period. Hedge funds and other institutional investors own 92.07% of the company's stock.

Expro Group Stock Performance

XPRO stock traded up $0.28 during midday trading on Thursday, hitting $12.55. The stock had a trading volume of 813,199 shares, compared to its average volume of 1,103,039. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 20.57 and a beta of 1.24. Expro Group Holdings N.V. has a 52 week low of $6.70 and a 52 week high of $18.56. The stock has a 50-day simple moving average of $10.61 and a 200 day simple moving average of $9.61. 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 (NYSE:XPRO - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during 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. As a group, equities research analysts anticipate that Expro Group Holdings N.V. will post 0.68 earnings per share for the current year.

Wall Street Analyst Weigh In

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