Insider Selling: Natural Gas Services Group, Inc. (NYSE:NGS) Director Sells 10,000 Shares of Stock

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $28.00, for a total transaction of $280,000.00. Following the sale, the director now directly owns 468,387 shares of the company’s stock, valued at approximately $13,114,836. The trade was a 2.09 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• 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 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 transaction 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 shares were sold at an average price of $24.50, for a total transaction of $75,852.00.

Natural Gas Services Group Trading Up 0.8 %

NGS traded up $0.21 during mid-day trading on Tuesday, hitting $27.66. The stock had a trading volume of 67,819 shares, compared to its average volume of 67,268. The stock’s fifty day simple moving average is $21.34 and its 200-day simple moving average is $20.73. 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 firm has a market capitalization of $345.03 million, a price-to-earnings ratio of 21.64 and a beta of 1.03. Natural Gas Services Group, Inc. has a 1-year low of $12.75 and a 1-year high of $28.50.

Institutional Investors Weigh In On Natural Gas Services Group

Hedge funds have recently bought and sold shares of the company. MetLife Investment Management LLC raised 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 acquiring an additional 3,564 shares during the period. BNP Paribas Financial Markets raised 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 acquiring an additional 3,056 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of Natural Gas Services Group during the second quarter worth $208,000. Rhumbline Advisers raised its holdings in shares of Natural Gas Services Group by 2,513.0% during the second quarter. Rhumbline Advisers now owns 12,072 shares of the oil and gas company’s stock worth $243,000 after acquiring an additional 11,610 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Natural Gas Services Group in the 3rd quarter valued at $261,000. 65.62% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on NGS shares. Raymond James started coverage on shares of Natural Gas Services Group in a research note on Wednesday, August 7th. They issued a “strong-buy” rating and a $27.00 price objective on the stock. 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.

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.