Smart Sand (NASDAQ:SND) VP Christopher Green Sells 13,874 Shares

Smart Sand (NASDAQ:SND) VP Christopher Green sold 13,874 shares of the company’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $5.06, for a total value of $70,202.44. Following the completion of the transaction, the vice president directly owned 34,293 shares of the company’s stock, valued at $173,522.58. The trade was a 28.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Smart Sand Price Performance

Shares of SND stock traded down $0.19 during trading hours on Monday, hitting $4.91. 326,038 shares of the company’s stock were exchanged, compared to its average volume of 381,201. Smart Sand has a fifty-two week low of $1.88 and a fifty-two week high of $5.92. The firm has a market cap of $208.18 million, a P/E ratio of 18.89 and a beta of 0.30. The company has a quick ratio of 1.11, a current ratio of 1.69 and a debt-to-equity ratio of 0.04. The firm has a 50 day moving average of $4.78 and a two-hundred day moving average of $4.82.

Smart Sand (NASDAQ:SND) last released its quarterly earnings results on Tuesday, August 11th. The company reported $0.25 earnings per share (EPS) for the quarter. The firm had revenue of $115.05 million for the quarter. Smart Sand had a net margin of 2.71% and a return on equity of 4.41%.

Smart Sand Dividend Announcement

The business also recently disclosed a special dividend, which was paid on Wednesday, August 12th. Shareholders of record on Tuesday, July 28th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, July 28th.

Wall Street Analysts Forecast Growth

SND has been the subject of a number of research reports. Weiss Ratings raised shares of Smart Sand from a “hold (c)” rating to a “buy (b-)” rating in a research note on Wednesday. Wall Street Zen raised shares of Smart Sand from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. acquired a new stake in Smart Sand during the 1st quarter worth $26,000. Squarepoint Ops LLC acquired a new stake in shares of Smart Sand in the fourth quarter valued at about $57,000. Balyasny Asset Management L.P. acquired a new stake in shares of Smart Sand in the fourth quarter valued at about $59,000. LPL Financial LLC lifted its stake in shares of Smart Sand by 36.7% in the fourth quarter. LPL Financial LLC now owns 14,900 shares of the company’s stock worth $60,000 after buying an additional 4,000 shares in the last quarter. Finally, Vise Technologies Inc. purchased a new position in shares of Smart Sand in the second quarter worth about $70,000. 35.21% of the stock is owned by institutional investors and hedge funds.

Smart Sand Company Profile

Smart Sand, Inc (NASDAQ:SND) is a U.S.-based industrial mineral company specializing in the mining, processing and distribution of high-purity silica sand. The company’s primary business centers on the production of frac sand for the oil and gas industry, as well as specialty sand products for foundry, glass and construction applications. Through an integrated network of mines, processing plants and trans-load facilities, Smart Sand delivers precision-engineered sand solutions designed to meet stringent performance and purity requirements.

Smart Sand’s operations include flagship mining and processing facilities in Wisconsin, which supply Northern White silica sand, and production sites in Texas, strategically located to serve major U.S.