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

Natural Gas Services Group, Inc. (NYSE:NGS) CFO G Larry Lawrence sold 6,000 shares of the business’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $25.23, for a total transaction 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 sale was disclosed in a legal filing with the SEC, which is available through this link.

Shares of Natural Gas Services Group, Inc. (NYSE:NGS) traded up $0.35 during trading on Wednesday, hitting $25.75. 9,233 shares of the stock were exchanged, compared to its average volume of 39,017. The firm has a market cap of $333.14, a price-to-earnings ratio of 141.11 and a beta of 1.28. Natural Gas Services Group, Inc. has a 1-year low of $22.40 and a 1-year high of $33.80.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NGS. Franklin Resources Inc. raised its stake 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 acquiring an additional 232,000 shares during the period. JPMorgan Chase & Co. raised 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 period. Ameriprise Financial Inc. raised 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 period. Monarch Partners Asset Management LLC raised 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 period. Finally, Kennedy Capital Management Inc. grew its position in Natural Gas Services Group by 24.4% in the 2nd quarter. Kennedy Capital Management Inc. now owns 257,195 shares of the oil and gas company’s stock worth $6,391,000 after purchasing an additional 50,514 shares during the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

NGS has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a report on Thursday, October 5th. ValuEngine upgraded shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Wednesday, September 6th. Finally, Imperial Capital started coverage on shares of Natural Gas Services Group in a research note on Wednesday, August 23rd. They issued an “outperform” rating and a $27.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $33.00.

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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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