Solaris Energy Infrastructure, Inc. (NYSE:SEI – Get Free Report) CEO Amanda Brock purchased 3,669 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were bought at an average price of $40.89 per share, with a total value of $150,025.41. Following the purchase, the chief executive officer owned 141,080 shares in the company, valued at $5,768,761.20. The trade was a 2.67% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Solaris Energy Infrastructure Price Performance
Solaris Energy Infrastructure stock opened at $44.85 on Friday. The company has a current ratio of 2.39, a quick ratio of 2.28 and a debt-to-equity ratio of 0.69. The business’s 50 day simple moving average is $49.26 and its 200 day simple moving average is $37.97. Solaris Energy Infrastructure, Inc. has a 12 month low of $14.27 and a 12 month high of $57.17. The company has a market cap of $3.07 billion, a price-to-earnings ratio of 47.71 and a beta of 1.14.
Solaris Energy Infrastructure (NYSE:SEI – Get Free Report) last issued its quarterly earnings results on Monday, November 3rd. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.08. The firm had revenue of $166.84 million for 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%. Sell-side analysts forecast that Solaris Energy Infrastructure, Inc. will post 0.36 EPS for the current year.
Key Solaris Energy Infrastructure News
- Positive Sentiment: CEO Amanda Brock increased her stake by buying 3,669 shares (~$150k at ~$40.89), a signal of management confidence that can support the stock. CEO Purchase Filing
- Positive Sentiment: Director Aj Teague purchased 2,310 shares (~$99.6k at ~$43.13), increasing his holding ~2.2% — another insider buy that tends to be viewed positively by investors. Director Purchase Report
- Neutral Sentiment: Recent analyst coverage and institutional buying remain supportive: multiple buy/overweight ratings and rising price targets plus large institutional holdings (Vanguard and others) provide a bullish backdrop but are already priced in. MarketBeat Coverage
- Negative Sentiment: Significant insider sales: Cynthia Durrett sold 47,011 shares (~$2.1M) and director Laurie H. Argo sold 2,300 shares (~$101.8k), which may weigh on sentiment if investors view them as profit-taking or reallocation. Durrett Sale Filing
- Negative Sentiment: Chief Administrative Officer executed a multi-million-dollar sale (~$2.10M) reported by Benzinga, which could amplify negative reactions to insider selling. Benzinga: CAO Sale
- Negative Sentiment: Unusually large put-option activity — traders bought ~26,876 puts (a ~507% rise vs. normal volume) — suggests increased short/hedge interest that can pressure near-term sentiment. (Options flow report)
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the stock. Barclays lifted their target price on shares of Solaris Energy Infrastructure from $44.00 to $61.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 5th. Piper Sandler lifted their price target on Solaris Energy Infrastructure from $50.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, November 17th. Zacks Research cut Solaris Energy Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Citigroup lifted their target price on Solaris Energy Infrastructure from $38.00 to $56.00 and gave the company a “buy” rating in a report on Monday, October 13th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Solaris Energy Infrastructure in a report on Monday, December 15th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $52.80.
Institutional Trading of Solaris Energy Infrastructure
Institutional investors and hedge funds have recently modified their holdings of the business. Assetmark Inc. grew its holdings in shares of Solaris Energy Infrastructure by 29.1% during the third quarter. Assetmark Inc. now owns 1,130 shares of the company’s stock worth $45,000 after purchasing an additional 255 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in Solaris Energy Infrastructure by 2.8% during the third quarter. Oppenheimer Asset Management Inc. now owns 10,917 shares of the company’s stock valued at $436,000 after purchasing an additional 295 shares during the last quarter. Nisa Investment Advisors LLC grew its stake in Solaris Energy Infrastructure by 17.8% in the 2nd quarter. Nisa Investment Advisors LLC now owns 2,199 shares of the company’s stock worth $62,000 after buying an additional 333 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Solaris Energy Infrastructure by 1.1% in the 3rd quarter. Legal & General Group Plc now owns 36,698 shares of the company’s stock worth $1,467,000 after buying an additional 391 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in shares of Solaris Energy Infrastructure by 3.3% in the 2nd quarter. Cerity Partners LLC now owns 12,551 shares of the company’s stock worth $355,000 after buying an additional 397 shares during the last quarter. Hedge funds and other institutional investors own 67.44% of the company’s stock.
Solaris Energy Infrastructure Company Profile
Solaris Energy Infrastructure Fund Inc (NYSE: SEI) is a closed-end management investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund pursues its objective by investing primarily in equity securities of energy infrastructure companies, including master limited partnerships (MLPs) and other midstream entities. SEI is externally managed by Solaris Asset Management LP, a firm specializing in energy infrastructure investments.
The fund’s portfolio targets businesses involved in the gathering, processing, transportation, storage and terminalling of oil, natural gas and refined products.
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