Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor Sells 10,000 Shares

Natural Gas Services Group, Inc. (NYSE:NGS) Director Stephen Charles Taylor sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $28.00, for a total value of $280,000.00. Following the completion of the sale, the director now owns 468,387 shares of the company’s stock, valued at approximately $13,114,836. This represents a 2.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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 shares were 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 value 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 shares were 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 transaction of $75,852.00.

Natural Gas Services Group Trading Up 0.8 %

Shares of NGS opened at $27.66 on Wednesday. Natural Gas Services Group, Inc. has a 1-year low of $12.75 and a 1-year high of $28.50. The firm has a 50 day simple moving average of $21.34 and a 200-day simple moving average of $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 stock has a market cap of $344.92 million, a price-to-earnings ratio of 21.61 and a beta of 1.03.

Wall Street Analyst Weigh In

NGS has been the subject of several recent analyst reports. StockNews.com upgraded shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Wednesday, November 20th. Raymond James assumed coverage on Natural Gas Services Group in a report on Wednesday, August 7th. They issued a “strong-buy” rating and a $27.00 target price for the company.

Institutional Trading of Natural Gas Services Group

Several institutional investors have recently made changes to their positions in NGS. Dimensional Fund Advisors LP increased its position in shares of 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 worth $18,548,000 after acquiring an additional 18,001 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Natural Gas Services Group by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 491,167 shares of the oil and gas company’s stock valued at $9,543,000 after acquiring an additional 6,129 shares during the last quarter. Renaissance Technologies LLC increased its stake in Natural Gas Services Group by 5.1% in the 2nd quarter. Renaissance Technologies LLC now owns 399,342 shares of the oil and gas company’s stock worth $8,035,000 after purchasing an additional 19,543 shares in the last quarter. State Street Corp raised its holdings in shares of Natural Gas Services Group by 19.1% during the third quarter. State Street Corp now owns 162,646 shares of the oil and gas company’s stock valued at $3,108,000 after acquiring an additional 26,069 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of Natural Gas Services Group by 5.8% in the second quarter. American Century Companies Inc. now owns 127,330 shares of the oil and gas company’s stock valued at $2,562,000 after purchasing an additional 7,021 shares in the last quarter. 65.62% of the stock is 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.