Key Points
- Cynthia Durrett sold 47,011 shares of Solaris Energy Infrastructure on Dec. 17 at an average price of $44.62 for roughly $2.10 million, cutting her position by 26.39% to 131,152 shares; the sale was disclosed in an SEC Form 4.
- Solaris beat expectations last quarter with $0.32 EPS (vs. $0.24 est.) and $166.84M revenue (vs. $142.82M est.), and analysts are broadly bullish—MarketBeat shows a consensus "Buy" with an average target of $52.80 and several firms raising targets (e.g., Morgan Stanley $68, Barclays $61).
- The stock jumped about 5.9% and opened at $43.03, trading in a 12‑month range of $14.27–$57.17, with a market cap of ~$2.95B and a P/E of 45.78.
Solaris Energy Infrastructure, Inc. (NYSE:SEI - Get Free Report) Director Aj Teague acquired 2,310 shares of Solaris Energy Infrastructure stock in a transaction dated Wednesday, December 17th. The stock was acquired at an average cost of $43.13 per share, with a total value of $99,630.30. Following the completion of the transaction, the director directly owned 106,465 shares of the company's stock, valued at $4,591,835.45. This trade represents a 2.22% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Solaris Energy Infrastructure Stock Performance
NYSE:SEI opened at $43.03 on Friday. Solaris Energy Infrastructure, Inc. has a 52-week low of $14.27 and a 52-week high of $57.17. The company has a market cap of $2.95 billion, a price-to-earnings ratio of 45.78 and a beta of 1.14. The firm's 50-day moving average is $49.27 and its 200-day moving average is $37.78. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.28 and a current ratio of 2.39.
Solaris Energy Infrastructure (NYSE:SEI - Get Free Report) last posted its quarterly earnings results on Monday, November 3rd. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.24 by $0.08. The firm had revenue of $166.84 million during the quarter, compared to analysts' expectations of $142.82 million. Solaris Energy Infrastructure had a return on equity of 9.38% and a net margin of 7.02%. Equities research analysts anticipate that Solaris Energy Infrastructure, Inc. will post 0.36 earnings per share for the current year.
Institutional Trading of Solaris Energy Infrastructure
A number of hedge funds and other institutional investors have recently made changes to their positions in SEI. Vanguard Group Inc. acquired a new position in Solaris Energy Infrastructure during the first quarter worth $35,060,000. Russell Investments Group Ltd. bought a new position in Solaris Energy Infrastructure in the 1st quarter valued at about $1,695,000. Deutsche Bank AG acquired a new stake in Solaris Energy Infrastructure during the 1st quarter worth approximately $1,597,000. AE Wealth Management LLC lifted its holdings in shares of Solaris Energy Infrastructure by 39.7% during the second quarter. AE Wealth Management LLC now owns 120,112 shares of the company's stock worth $3,398,000 after buying an additional 34,164 shares in the last quarter. Finally, Ardsley Advisory Partners LP acquired a new stake in Solaris Energy Infrastructure in the 2nd quarter worth about $566,000. 67.44% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research analysts recently issued reports on SEI shares. Zacks Research lowered shares of Solaris Energy Infrastructure from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 18th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Solaris Energy Infrastructure in a research report on Monday. Northland Securities set a $61.00 price objective on Solaris Energy Infrastructure in a research report on Thursday, October 9th. Piper Sandler lifted their price target on shares of Solaris Energy Infrastructure from $50.00 to $65.00 and gave the stock an "overweight" rating in a research report on Monday, November 17th. Finally, Morgan Stanley assumed coverage on Solaris Energy Infrastructure in a research note on Tuesday, December 2nd. They set an "overweight" rating and a $68.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $52.80.
Get Our Latest Stock Analysis on SEI
Solaris Energy Infrastructure Company Profile
(
Get Free Report)
Solaris Energy Infrastructure, Inc is a holding company, which engages in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant to oil and natural gas well sites. Its products include Mobile Proppant and Mobile Chemical Management Systems, and Inventory Management Software.
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