Natural Gas Services Group, Inc. (NGS) CFO G Larry Lawrence Sells 6,000 Shares

Natural Gas Services Group, Inc. (NYSE:NGS) CFO G Larry Lawrence sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $25.23, for a total value of $151,380.00. Following the completion of the transaction, the chief financial officer now owns 39,478 shares in the company, valued at approximately $996,029.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shares of Natural Gas Services Group, Inc. (NYSE:NGS) traded up $0.15 during trading on Friday, reaching $28.80. The company had a trading volume of 21,761 shares, compared to its average volume of 28,915. Natural Gas Services Group, Inc. has a 52-week low of $22.40 and a 52-week high of $31.30. The stock has a market capitalization of $372.60, a P/E ratio of 160.00 and a beta of 1.28.

Natural Gas Services Group (NYSE:NGS) last announced its quarterly earnings data on Thursday, November 2nd. The oil and gas company reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.01). Natural Gas Services Group had a return on equity of 0.98% and a net margin of 3.41%. The company had revenue of $15.91 million for the quarter, compared to analysts’ expectations of $18.05 million. During the same quarter in the previous year, the business posted $0.12 EPS. The business’s quarterly revenue was down 1.7% compared to the same quarter last year. research analysts forecast that Natural Gas Services Group, Inc. will post 0.16 EPS for the current fiscal year.

Separately, Zacks Investment Research upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Tuesday.

A number of institutional investors have recently made changes to their positions in NGS. Franklin Resources Inc. lifted its position in Natural Gas Services Group by 33.3% during the second quarter. Franklin Resources Inc. now owns 928,700 shares of the oil and gas company’s stock worth $23,078,000 after buying an additional 232,000 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Natural Gas Services Group by 875.0% during the third quarter. JPMorgan Chase & Co. now owns 140,925 shares of the oil and gas company’s stock worth $4,122,000 after acquiring an additional 126,471 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Natural Gas Services Group by 33.6% during the second quarter. Ameriprise Financial Inc. now owns 219,132 shares of the oil and gas company’s stock worth $5,445,000 after acquiring an additional 55,100 shares during the last quarter. Monarch Partners Asset Management LLC increased its stake in Natural Gas Services Group by 364.8% during the third quarter. Monarch Partners Asset Management LLC now owns 67,440 shares of the oil and gas company’s stock worth $1,915,000 after acquiring an additional 52,930 shares during the last quarter. Finally, Kennedy Capital Management Inc. increased its stake in Natural Gas Services Group by 24.4% during the second quarter. Kennedy Capital Management Inc. now owns 257,195 shares of the oil and gas company’s stock worth $6,391,000 after acquiring an additional 50,514 shares during the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

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Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.

Insider Buying and Selling by Quarter for Natural Gas Services Group (NYSE:NGS)

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