Insider Selling: Natural Gas Services Group, Inc. (NYSE:NGS) Director Sells $75,852.00 in Stock

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 3,096 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $24.50, for a total value 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. The trade was a 0.56 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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 shares were 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 stock was sold at an average price of $22.00, for a total value 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 value of $103,836.60.

Natural Gas Services Group Stock Performance

Shares of NYSE NGS opened at $25.02 on Friday. Natural Gas Services Group, Inc. has a 12 month low of $12.75 and a 12 month high of $25.24. The stock has a 50 day moving average of $20.45 and a 200-day moving average of $20.61. The company has a current ratio of 2.34, a quick ratio of 1.66 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $312.00 million, a P/E ratio of 23.60 and a beta of 1.03.

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of NGS. Russell Investments Group Ltd. grew its stake in shares of Natural Gas Services Group by 32.4% in the first quarter. Russell Investments Group Ltd. now owns 172,221 shares of the oil and gas company’s stock valued at $3,346,000 after acquiring an additional 42,099 shares in the last quarter. Ancora Advisors LLC raised its position in shares of Natural Gas Services Group by 163.7% in the first quarter. Ancora Advisors LLC now owns 83,830 shares of the oil and gas company’s stock valued at $1,629,000 after buying an additional 52,040 shares in the last quarter. ClariVest Asset Management LLC bought a new stake in shares of Natural Gas Services Group in the second quarter valued at approximately $693,000. Bank of New York Mellon Corp bought a new stake in shares of Natural Gas Services Group in the second quarter valued at approximately $788,000. Finally, Vanguard Group Inc. grew its position in Natural Gas Services Group by 1.3% during the first quarter. Vanguard Group Inc. now owns 491,167 shares of the oil and gas company’s stock worth $9,543,000 after buying an additional 6,129 shares in the last quarter. 65.62% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on NGS shares. Raymond James started coverage on Natural Gas Services Group in a report on Wednesday, August 7th. They issued a “strong-buy” rating and a $27.00 price objective for the company. StockNews.com cut shares of Natural Gas Services Group from a “hold” rating to a “sell” rating in a research note on Tuesday.

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.