Natural Gas Services Group, Inc. (NYSE:NGS) Director Sells $251,150.42 in Stock

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 10,042 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $25.01, for a total transaction of $251,150.42. Following the completion of the sale, the director now owns 528,345 shares in the company, valued at $13,213,908.45. This represents a 1.87 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, November 18th, Stephen Charles Taylor sold 3,442 shares of Natural Gas Services Group stock. The stock was sold at an average price of $25.51, for a total value of $87,805.42.
• On Wednesday, November 13th, Stephen Charles Taylor sold 2,191 shares of Natural Gas Services Group stock. The shares were sold at an average price of $24.50, for a total value of $53,679.50.
• On Monday, November 11th, Stephen Charles Taylor sold 3,096 shares of Natural Gas Services Group stock. The stock was sold at an average price of $24.50, for a total transaction of $75,852.00.
• 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 stock was sold at an average price of $22.14, for a total transaction of $103,836.60.

Natural Gas Services Group Trading Up 0.3 %

NGS stock traded up $0.07 during trading on Monday, reaching $25.02. The company had a trading volume of 134,915 shares, compared to its average volume of 65,719. Natural Gas Services Group, Inc. has a 52 week low of $12.75 and a 52 week high of $25.60. The company has a market cap of $311.92 million, a P/E ratio of 19.55 and a beta of 1.03. The business has a 50 day moving average of $20.45 and a 200 day moving average of $20.58. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.34 and a quick ratio of 1.66.

Wall Street Analyst Weigh In

Several brokerages have commented on NGS. Raymond James assumed coverage on Natural Gas Services Group in a research note on Wednesday, August 7th. They issued a “strong-buy” rating and a $27.00 target price for the company. StockNews.com downgraded shares of Natural Gas Services Group from a “hold” rating to a “sell” rating in a report on Tuesday, November 12th.

Institutional Investors Weigh In On Natural Gas Services Group

Institutional investors and hedge funds have recently made changes to their positions in the company. MetLife Investment Management LLC raised its holdings in Natural Gas Services Group by 129.1% during the third quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company’s stock valued at $121,000 after acquiring an additional 3,564 shares during the period. BNP Paribas Financial Markets raised its stake in shares of Natural Gas Services Group by 54.7% during the third quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company’s stock valued at $165,000 after acquiring an additional 3,056 shares in the last quarter. Acadian Asset Management LLC purchased a new position in Natural Gas Services Group during the second quarter valued at approximately $208,000. Rhumbline Advisers grew its stake in 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 worth $243,000 after buying an additional 11,610 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Natural Gas Services Group during the 3rd quarter valued at approximately $261,000. Institutional investors own 65.62% of the company’s stock.

About Natural Gas Services Group

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.