Insider Selling: Natural Gas Services Group, Inc. (NYSE:NGS) Director Sells 3,096 Shares of Stock

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 3,096 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $24.50, for a total transaction of $75,852.00. Following the completion of the sale, the director now owns 545,291 shares in the company, valued at $13,359,629.50. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Stephen Charles Taylor also recently made the following trade(s):

• On Wednesday, November 13th, Stephen Charles Taylor sold 2,191 shares of Natural Gas Services Group stock. The stock was sold at an average price of $24.50, for a total transaction of $53,679.50.
• On Monday, August 26th, Stephen Charles Taylor sold 3,181 shares of Natural Gas Services Group stock. The shares were sold at an average price of $22.00, for a total transaction of $69,982.00.
• On Tuesday, August 20th, Stephen Charles Taylor sold 4,690 shares of Natural Gas Services Group stock. The shares were sold at an average price of $22.14, for a total transaction of $103,836.60.

Natural Gas Services Group Trading Down 0.3 %

NYSE NGS opened at $24.21 on Thursday. Natural Gas Services Group, Inc. has a 12 month low of $12.75 and a 12 month high of $25.24. The company has a 50-day moving average of $20.22 and a 200-day moving average of $20.57. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.34 and a quick ratio of 1.66. The company has a market cap of $301.90 million, a P/E ratio of 22.84 and a beta of 1.03.

Natural Gas Services Group (NYSE:NGS) last posted its earnings results on Wednesday, August 14th. The oil and gas company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.05. The firm had revenue of $38.49 million during the quarter, compared to the consensus estimate of $36.79 million. Natural Gas Services Group had a net margin of 9.25% and a return on equity of 5.53%. During the same quarter in the prior year, the company earned $0.10 EPS. As a group, equities analysts predict that Natural Gas Services Group, Inc. will post 1.23 earnings per share for the current year.

Institutional Trading of Natural Gas Services Group

Several large investors have recently bought and sold shares of NGS. MetLife Investment Management LLC boosted its stake in shares of Natural Gas Services Group by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company’s stock valued at $121,000 after buying an additional 3,564 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Natural Gas Services Group by 54.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company’s stock valued at $165,000 after buying an additional 3,056 shares during the last quarter. Acadian Asset Management LLC purchased a new position in shares of Natural Gas Services Group during the 2nd quarter valued at approximately $208,000. Rhumbline Advisers boosted its stake in shares of Natural Gas Services Group by 2,513.0% during the 2nd quarter. Rhumbline Advisers now owns 12,072 shares of the oil and gas company’s stock valued at $243,000 after buying an additional 11,610 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in Natural Gas Services Group during the third quarter worth $261,000. Institutional investors and hedge funds own 65.62% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Raymond James assumed coverage on shares of Natural Gas Services Group in a report on Wednesday, August 7th. They issued a “strong-buy” rating and a $27.00 target price on the stock. StockNews.com lowered shares of Natural Gas Services Group from a “hold” rating to a “sell” rating in a report on Tuesday.

Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc provides natural gas compression equipment and services to the energy industry in the United States. It engineers and fabricates, operates, rents, and maintains natural gas compressors for oil and natural gas production and plant facilities. It also designs, fabricates, and assembles compressor units for rental or sale; and designs, manufactures, and sells a line of reciprocating natural gas compressor frames, cylinders, and parts.