Insider Selling: 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 on Friday, November 15th. The stock was sold at an average price of $25.01, for a total transaction of $251,150.42. Following the transaction, the director now owns 528,345 shares of the company’s stock, valued at $13,213,908.45. This represents a 1.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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 stock was 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 shares were sold at an average price of $24.50, for a total value of $75,852.00.
• 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 transaction 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 transaction of $103,836.60.

Natural Gas Services Group Trading Up 1.1 %

NGS opened at $25.97 on Thursday. The business has a fifty day moving average price of $20.85 and a 200 day moving average price of $20.66. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.76 and a quick ratio of 1.16. Natural Gas Services Group, Inc. has a 12 month low of $12.75 and a 12 month high of $26.00. The stock has a market capitalization of $323.85 million, a price-to-earnings ratio of 20.29 and a beta of 1.03.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Barclays PLC increased its holdings in shares of Natural Gas Services Group by 47.5% in the third quarter. Barclays PLC now owns 17,301 shares of the oil and gas company’s stock valued at $331,000 after purchasing an additional 5,575 shares during the period. State Street Corp grew its position in Natural Gas Services Group by 19.1% in the 3rd quarter. State Street Corp now owns 162,646 shares of the oil and gas company’s stock valued at $3,108,000 after buying an additional 26,069 shares during the last quarter. PDT Partners LLC increased its stake in Natural Gas Services Group by 64.3% in the 3rd quarter. PDT Partners LLC now owns 16,784 shares of the oil and gas company’s stock valued at $321,000 after buying an additional 6,567 shares during the period. MetLife Investment Management LLC raised its position 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 buying an additional 3,564 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in shares of Natural Gas Services Group by 54.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company’s stock worth $165,000 after acquiring an additional 3,056 shares during the period. Institutional investors and hedge funds own 65.62% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on NGS. Raymond James assumed coverage on shares of Natural Gas Services Group in a research note on Wednesday, August 7th. They issued a “strong-buy” rating and a $27.00 target price on the stock. StockNews.com raised Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Wednesday.

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.