Ranger Energy Services, Inc. (NYSE:RNGR) Shares Sold by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC trimmed its position in Ranger Energy Services, Inc. (NYSE:RNGR) by 71.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,273 shares of the company’s stock after selling 33,000 shares during the period. Magnolia Capital Advisors LLC owned approximately 0.06% of Ranger Energy Services worth $205,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Quest Partners LLC increased its holdings in shares of Ranger Energy Services by 24.4% in the third quarter. Quest Partners LLC now owns 3,687 shares of the company’s stock valued at $44,000 after buying an additional 723 shares in the last quarter. Copeland Capital Management LLC bought a new position in shares of Ranger Energy Services in the third quarter valued at $51,000. Hsbc Holdings PLC bought a new position in shares of Ranger Energy Services in the second quarter valued at $134,000. SG Americas Securities LLC bought a new position in shares of Ranger Energy Services in the third quarter valued at $147,000. Finally, Barclays PLC increased its holdings in shares of Ranger Energy Services by 82.9% in the third quarter. Barclays PLC now owns 33,404 shares of the company’s stock valued at $398,000 after buying an additional 15,139 shares in the last quarter. 68.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Ranger Energy Services

In other Ranger Energy Services news, Director Brett T. Agee sold 61,905 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $16.67, for a total transaction of $1,031,956.35. Following the sale, the director now directly owns 31,905 shares of the company’s stock, valued at $531,856.35. The trade was a 65.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Brett T. Agee sold 19,209 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $15.30, for a total transaction of $293,897.70. Following the sale, the director now directly owns 1,843,999 shares in the company, valued at approximately $28,213,184.70. This trade represents a 1.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 415,836 shares of company stock valued at $6,863,316. Corporate insiders own 2.00% of the company’s stock.

Ranger Energy Services Stock Performance

NYSE RNGR opened at $16.40 on Monday. The stock has a market capitalization of $364.79 million, a P/E ratio of 24.84 and a beta of 0.55. Ranger Energy Services, Inc. has a 1 year low of $9.27 and a 1 year high of $18.10. The business’s fifty day moving average is $16.12 and its two-hundred day moving average is $13.80.

About Ranger Energy Services

Ranger Energy Services, Inc provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services.