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 business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $28.00, for a total value of $280,000.00. Following the completion of the sale, the director now directly owns 468,387 shares in the company, valued at approximately $13,114,836. This represents a 2.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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 stock was sold at an average price of $28.50, for a total value 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 value 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 value 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 value 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 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.

Natural Gas Services Group Stock Down 0.5 %

Shares of NYSE:NGS opened at $27.53 on Thursday. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.65. The company has a market cap of $343.30 million, a price-to-earnings ratio of 21.61 and a beta of 1.03. Natural Gas Services Group, Inc. has a 12 month low of $12.75 and a 12 month high of $28.50. The company has a 50-day moving average price of $21.49 and a 200 day moving average price of $20.77.

Hedge Funds Weigh In On Natural Gas Services Group

A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in Natural Gas Services Group by 1.3% in 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. Ancora Advisors LLC grew its holdings in shares of Natural Gas Services Group by 163.7% during 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 during the last quarter. Assenagon Asset Management S.A. boosted its holdings in Natural Gas Services Group by 80.1% in the second quarter. Assenagon Asset Management S.A. now owns 91,427 shares of the oil and gas company’s stock valued at $1,840,000 after purchasing an additional 40,672 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in Natural Gas Services Group in the second quarter valued at $788,000. Finally, Rhumbline Advisers boosted its holdings in 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 purchasing an additional 11,610 shares during the last quarter. 65.62% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on NGS shares. Raymond James started coverage on Natural Gas Services Group in a report on Wednesday, August 7th. They set a “strong-buy” rating and a $27.00 price target on the stock. StockNews.com upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Wednesday, November 20th.

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.