Natural Gas Services Group, Inc. (NYSE:NGS) Director Sells $558,720.00 in Stock

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 19,400 shares of the firm’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $28.80, for a total value of $558,720.00. Following the transaction, the director now directly owns 438,387 shares of the company’s stock, valued at $12,625,545.60. This represents a 4.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Thursday, December 12th, Stephen Charles Taylor sold 10,000 shares of Natural Gas Services Group stock. The stock was sold at an average price of $27.15, for a total transaction of $271,500.00.
• 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 transaction of $17,100.00.
• 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 value 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 value 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 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 shares were 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 stock was sold at an average price of $24.50, for a total transaction of $75,852.00.

Natural Gas Services Group Stock Down 1.4 %

Natural Gas Services Group stock traded down $0.42 during trading hours on Wednesday, hitting $28.93. The company had a trading volume of 124,239 shares, compared to its average volume of 109,880. The firm’s fifty day moving average is $26.55 and its 200-day moving average is $22.45. The firm has a market capitalization of $361.32 million, a P/E ratio of 22.60 and a beta of 1.14. Natural Gas Services Group, Inc. has a fifty-two week low of $14.09 and a fifty-two week high of $29.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.76 and a quick ratio of 1.16.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Wednesday, November 20th.

Institutional Trading of Natural Gas Services Group

Several hedge funds and other institutional investors have recently modified their holdings of NGS. Marshall Wace LLP grew its stake in Natural Gas Services Group by 100.7% in the second quarter. Marshall Wace LLP now owns 77,220 shares of the oil and gas company’s stock valued at $1,554,000 after purchasing an additional 38,751 shares in the last quarter. Inspire Investing LLC acquired a new stake in shares of Natural Gas Services Group during the 4th quarter valued at about $890,000. State Street Corp grew its stake in shares of Natural Gas Services Group by 19.1% in the 3rd quarter. State Street Corp now owns 162,646 shares of the oil and gas company’s stock valued at $3,108,000 after buying an additional 26,069 shares in the last quarter. Renaissance Technologies LLC increased its holdings in Natural Gas Services Group by 5.1% in the second quarter. Renaissance Technologies LLC now owns 399,342 shares of the oil and gas company’s stock worth $8,035,000 after buying an additional 19,543 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Natural Gas Services Group by 2.0% during the second quarter. Dimensional Fund Advisors LP now owns 921,915 shares of the oil and gas company’s stock valued at $18,548,000 after acquiring an additional 18,001 shares in the last quarter. 65.62% of the stock is currently owned by hedge funds and other institutional investors.

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.