Insider Selling: Natural Gas Services Group, Inc. (NYSE:NGS) Director Sells 1,521 Shares of Stock

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 1,521 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $26.00, for a total value of $39,546.00. Following the completion of the transaction, the director now owns 516,866 shares in the company, valued at $13,438,516. The trade was a 0.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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 transaction of $87,805.42.
• On Friday, November 15th, Stephen Charles Taylor sold 10,042 shares of Natural Gas Services Group stock. The shares were sold at an average price of $25.01, for a total transaction 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 transaction 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 transaction 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 value of $69,982.00.

Natural Gas Services Group Price Performance

NGS stock opened at $27.88 on Friday. The stock has a market cap of $347.66 million, a price-to-earnings ratio of 21.78 and a beta of 1.03. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.76 and a quick ratio of 1.16. The company has a 50 day simple moving average of $21.18 and a 200 day simple moving average of $20.74. Natural Gas Services Group, Inc. has a 1 year low of $12.75 and a 1 year high of $28.31.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of NGS. Barclays PLC boosted its holdings in shares of Natural Gas Services Group by 47.5% during the 3rd quarter. Barclays PLC now owns 17,301 shares of the oil and gas company’s stock valued at $331,000 after acquiring an additional 5,575 shares in the last quarter. State Street Corp raised its position in Natural Gas Services Group by 19.1% in the third quarter. State Street Corp now owns 162,646 shares of the oil and gas company’s stock valued at $3,108,000 after purchasing an additional 26,069 shares during the last quarter. PDT Partners LLC boosted its stake in shares of Natural Gas Services Group by 64.3% during the third quarter. PDT Partners LLC now owns 16,784 shares of the oil and gas company’s stock valued at $321,000 after purchasing an additional 6,567 shares in the last quarter. MetLife Investment Management LLC grew its holdings in shares of Natural Gas Services Group by 129.1% during the third quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company’s stock worth $121,000 after purchasing an additional 3,564 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in shares of Natural Gas Services Group by 54.7% during the third quarter. BNP Paribas Financial Markets now owns 8,647 shares of the oil and gas company’s stock worth $165,000 after purchasing an additional 3,056 shares during the last quarter. 65.62% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on NGS. Raymond James began 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 for the company. StockNews.com upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report 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.