Geoffrey C. Stanford Sells 6,336 Shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Stock

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) insider Geoffrey C. Stanford sold 6,336 shares of KLX Energy Services stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $3.75, for a total value of $23,760.00. Following the sale, the insider now directly owns 28,836 shares in the company, valued at approximately $108,135. This trade represents a 18.01 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

KLX Energy Services Stock Performance

KLXE opened at $3.56 on Friday. The business has a 50 day moving average price of $4.92 and a two-hundred day moving average price of $5.17. KLX Energy Services Holdings, Inc. has a 1-year low of $3.50 and a 1-year high of $8.13. The company has a market capitalization of $61.95 million, a price-to-earnings ratio of -1.20 and a beta of 1.98. The company has a debt-to-equity ratio of 105.76, a current ratio of 1.24 and a quick ratio of 1.08.

Hedge Funds Weigh In On KLX Energy Services

A number of institutional investors have recently bought and sold shares of KLXE. SkyView Investment Advisors LLC lifted its stake in KLX Energy Services by 20.0% in the 3rd quarter. SkyView Investment Advisors LLC now owns 15,000 shares of the company’s stock worth $82,000 after acquiring an additional 2,500 shares in the last quarter. Cubist Systematic Strategies LLC lifted its stake in shares of KLX Energy Services by 14.0% in the fourth quarter. Cubist Systematic Strategies LLC now owns 21,258 shares of the company’s stock worth $106,000 after buying an additional 2,609 shares during the last quarter. American Century Companies Inc. grew its position in shares of KLX Energy Services by 1.9% in the fourth quarter. American Century Companies Inc. now owns 216,500 shares of the company’s stock valued at $1,078,000 after purchasing an additional 3,981 shares during the last quarter. Virtu Financial LLC lifted its position in shares of KLX Energy Services by 43.3% during the 4th quarter. Virtu Financial LLC now owns 20,086 shares of the company’s stock worth $100,000 after purchasing an additional 6,067 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of KLX Energy Services by 4.8% in the third quarter. Geode Capital Management LLC now owns 160,342 shares of the company’s stock worth $877,000 after acquiring an additional 7,328 shares during the last quarter. Hedge funds and other institutional investors own 42.69% of the company’s stock.

KLX Energy Services Company Profile

KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals; and various technologies, including gamma ray, azimuthal gamma ray, real-time continuous inclination and azimuth, rotary steerable, pressure-while-drilling, mode shifting, stick-slip and destructive dynamics, dynamic sequencing and real-time shock, and vibration modules.