Insider Selling: NCS Multistage Holdings, Inc. (NASDAQ:NCSM) Director Sells 357 Shares of Stock

NCS Multistage Holdings, Inc. (NASDAQ:NCSM) Director Valerie A. Mitchell sold 357 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $29.02, for a total value of $10,360.14. Following the completion of the sale, the director now owns 27,255 shares of the company’s stock, valued at $790,940.10. This trade represents a 1.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

NCS Multistage Stock Down 4.4 %

NCSM opened at $26.76 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.63 and a current ratio of 4.50. The company has a market capitalization of $68.00 million, a PE ratio of 1.57 and a beta of 1.05. NCS Multistage Holdings, Inc. has a one year low of $15.25 and a one year high of $31.82. The stock’s fifty day moving average is $28.35 and its 200-day moving average is $24.12.

Institutional Trading of NCS Multistage

Several large investors have recently added to or reduced their stakes in the company. Empowered Funds LLC increased its holdings in shares of NCS Multistage by 4.7% in the 4th quarter. Empowered Funds LLC now owns 20,034 shares of the company’s stock valued at $520,000 after purchasing an additional 892 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of NCS Multistage by 56.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,735 shares of the company’s stock valued at $71,000 after acquiring an additional 982 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of NCS Multistage by 14.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 13,679 shares of the company’s stock worth $355,000 after acquiring an additional 1,689 shares in the last quarter. Tocqueville Asset Management L.P. boosted its position in NCS Multistage by 3.1% during the fourth quarter. Tocqueville Asset Management L.P. now owns 142,702 shares of the company’s stock valued at $3,705,000 after purchasing an additional 4,345 shares during the last quarter. Finally, Geode Capital Management LLC purchased a new position in NCS Multistage in the fourth quarter valued at about $247,000. 70.91% of the stock is owned by institutional investors and hedge funds.

NCS Multistage Company Profile

NCS Multistage Holdings, Inc provides engineered products and support services for oil and natural gas well completions and construction, and field development strategies in the United States, Canada, and internationally. It offers fracturing systems, which include casing-installed sliding sleeves, downhole frac isolation assemblies, and sand jet perforating products; enhanced recovery products, such as sliding sleeve, as well as Terrus system, an injection control device; repeat precision products comprising composite frac plugs and bridge plugs, single-use disposable setting tools, express systems, and related products; chemical and radioactive tracer diagnostics services; and well construction products, including AirLock casing buoyancy system, Vecturon and Vectraset liner hanger systems, and Toe initiation sleeves.