Natural Gas Services Group, Inc. (NYSE:NGS) CEO Stephen Charles Taylor sold 23,955 shares of the business’s stock in a transaction on Tuesday, January 22nd. The stock was sold at an average price of $17.70, for a total value of $424,003.50. Following the sale, the chief executive officer now directly owns 330,973 shares in the company, valued at $5,858,222.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Friday, January 18th, Stephen Charles Taylor sold 12,444 shares of Natural Gas Services Group stock. The stock was sold at an average price of $17.89, for a total value of $222,623.16.

Shares of Natural Gas Services Group stock opened at $17.00 on Friday. The firm has a market cap of $227.85 million, a PE ratio of 154.55 and a beta of 1.39. Natural Gas Services Group, Inc. has a 12-month low of $15.42 and a 12-month high of $29.35.

Natural Gas Services Group (NYSE:NGS) last announced its earnings results on Thursday, November 8th. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. The company had revenue of $16.40 million for the quarter, compared to analyst estimates of $18.27 million. Natural Gas Services Group had a return on equity of 0.41% and a net margin of 29.40%. Research analysts anticipate that Natural Gas Services Group, Inc. will post 0.09 EPS for the current fiscal year.

A number of brokerages have recently issued reports on NGS. Seaport Global Securities set a $23.00 target price on Natural Gas Services Group and gave the stock a “buy” rating in a research report on Friday, December 7th. Zacks Investment Research raised Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Thursday, October 18th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $55.00.

Institutional investors have recently made changes to their positions in the company. Putnam Investments LLC acquired a new position in Natural Gas Services Group during the second quarter valued at $1,409,000. JPMorgan Chase & Co. raised its position in Natural Gas Services Group by 9.3% during the third quarter. JPMorgan Chase & Co. now owns 154,987 shares of the oil and gas company’s stock valued at $3,271,000 after buying an additional 13,247 shares during the period. FMR LLC raised its position in Natural Gas Services Group by 39.7% during the second quarter. FMR LLC now owns 504,400 shares of the oil and gas company’s stock valued at $11,904,000 after buying an additional 143,274 shares during the period. Russell Investments Group Ltd. raised its position in Natural Gas Services Group by 20.6% during the second quarter. Russell Investments Group Ltd. now owns 87,037 shares of the oil and gas company’s stock valued at $2,054,000 after buying an additional 14,872 shares during the period. Finally, Citadel Advisors LLC acquired a new position in Natural Gas Services Group during the third quarter valued at $351,000. 90.41% of the stock is currently owned by institutional investors.

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About Natural Gas Services Group

Natural Gas Services Group, Inc provides gas compression equipment and services to the natural gas and oil industry in the United States. The company engages in the rental of small to medium horsepower compression equipment to non-conventional natural gas and oil production businesses. As of December 31, 2017, it had 2,546 natural gas compressors in its rental fleet totaling 369,961 horsepower.

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