Insider Selling: Natural Gas Services Group, Inc. (NYSE:NGS) Director Sells 600 Shares of Stock

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 600 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $28.50, for a total value of $17,100.00. Following the transaction, the director now directly owns 467,787 shares of the company’s stock, valued at approximately $13,331,929.50. This trade represents a 0.13 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Stephen Charles Taylor also recently made the following trade(s):

• On Friday, November 22nd, Stephen Charles Taylor sold 10,000 shares of Natural Gas Services Group stock. The shares were sold at an average price of $28.00, for a total transaction of $280,000.00.
• 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 transaction of $39,546.00.
• On Monday, November 18th, Stephen Charles Taylor sold 3,442 shares of Natural Gas Services Group stock. The shares were 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 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 Performance

Shares of NGS traded up $0.21 during trading hours on Tuesday, hitting $27.66. The stock had a trading volume of 67,819 shares, compared to its average volume of 67,268. The firm has a market capitalization of $345.03 million, a PE ratio of 21.61 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. Natural Gas Services Group, Inc. has a 12 month low of $12.75 and a 12 month high of $28.50. The stock has a fifty day moving average price of $21.34 and a 200 day moving average price of $20.73.

Analysts Set New Price Targets

A number of brokerages have weighed in on NGS. StockNews.com raised Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Wednesday, November 20th. Raymond James began coverage on shares of Natural Gas Services Group in a report on Wednesday, August 7th. They set a “strong-buy” rating and a $27.00 price objective for the company.

Hedge Funds Weigh In On Natural Gas Services Group

Several institutional investors have recently made changes to their positions in NGS. MetLife Investment Management LLC increased its holdings in Natural Gas Services Group by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 6,325 shares of the oil and gas company’s stock worth $121,000 after acquiring an additional 3,564 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of Natural Gas Services Group by 54.7% in 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 period. Acadian Asset Management LLC purchased a new stake in shares of Natural Gas Services Group in the second quarter worth $208,000. Rhumbline Advisers raised its position in shares of Natural Gas Services Group by 2,513.0% during the 2nd 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 period. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Natural Gas Services Group during the 3rd quarter valued at $261,000. Institutional investors own 65.62% of the company’s stock.

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.