Stephen Charles Taylor Sells 10,000 Shares of Natural Gas Services Group, Inc. (NYSE:NGS) Stock

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 10,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $28.00, for a total transaction of $280,000.00. Following the transaction, the director now owns 468,387 shares of the company’s stock, valued at approximately $13,114,836. This trade represents a 2.09 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Monday, November 25th, Stephen Charles Taylor sold 600 shares of Natural Gas Services Group stock. The shares were sold at an average price of $28.50, for a total transaction of $17,100.00.
• On Wednesday, November 20th, Stephen Charles Taylor sold 1,521 shares of Natural Gas Services Group stock. The stock was sold at an average price of $26.00, for a total transaction of $39,546.00.
• 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 transaction of $87,805.42.
• On Friday, November 15th, Stephen Charles Taylor sold 10,042 shares of Natural Gas Services Group stock. The stock was sold at an average price of $25.01, for a total transaction of $251,150.42.
• 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, 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.

Natural Gas Services Group Stock Performance

Shares of NGS stock opened at $27.53 on Thursday. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.65. Natural Gas Services Group, Inc. has a 52 week low of $12.75 and a 52 week high of $28.50. The stock has a market capitalization of $343.30 million, a PE ratio of 21.61 and a beta of 1.03. The firm has a 50 day moving average of $21.49 and a two-hundred day moving average of $20.77.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on NGS shares. StockNews.com raised shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Wednesday, November 20th. Raymond James started coverage on shares of Natural Gas Services Group in a research report on Wednesday, August 7th. They set a “strong-buy” rating and a $27.00 price objective for the company.

Institutional Investors Weigh In On Natural Gas Services Group

Hedge funds and other institutional investors have recently modified their holdings of the company. MetLife Investment Management LLC raised its stake in 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 worth $121,000 after acquiring an additional 3,564 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Natural Gas Services Group by 54.7% in 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 stake in shares of Natural Gas Services Group in the second quarter valued at about $208,000. Rhumbline Advisers boosted its holdings in shares of Natural Gas Services Group by 2,513.0% in the second quarter. Rhumbline Advisers now owns 12,072 shares of the oil and gas company’s stock valued at $243,000 after acquiring an additional 11,610 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in Natural Gas Services Group during the third quarter worth about $261,000. 65.62% of the stock is currently owned by institutional investors and hedge funds.

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.