Insider Buying: Stabilis Solutions (NASDAQ:SLNG) Director Acquires $29,175.00 in Stock

Stabilis Solutions, Inc. (NASDAQ:SLNG) Director Edward Kuntz purchased 7,500 shares of Stabilis Solutions stock in a transaction that occurred on Wednesday, May 13th. The stock was acquired at an average cost of $3.89 per share, with a total value of $29,175.00. Following the acquisition, the director directly owned 69,839 shares of the company’s stock, valued at $271,673.71. The trade was a 12.03% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

Stabilis Solutions Stock Performance

Shares of SLNG opened at $3.95 on Friday. The company has a market capitalization of $73.47 million, a P/E ratio of -19.75 and a beta of -0.23. Stabilis Solutions, Inc. has a one year low of $3.21 and a one year high of $6.36. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.93. The stock has a 50-day moving average price of $3.90 and a 200 day moving average price of $4.58.

Stabilis Solutions (NASDAQ:SLNG) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.18). The business had revenue of $10.38 million during the quarter, compared to analysts’ expectations of $12.34 million. Stabilis Solutions had a negative net margin of 6.25% and a negative return on equity of 5.85%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its holdings in Stabilis Solutions by 13.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 18,523 shares of the company’s stock worth $81,000 after buying an additional 2,207 shares during the last quarter. Citadel Advisors LLC lifted its holdings in Stabilis Solutions by 37.7% during the 3rd quarter. Citadel Advisors LLC now owns 19,146 shares of the company’s stock worth $83,000 after buying an additional 5,238 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in Stabilis Solutions by 22.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 57,034 shares of the company’s stock worth $249,000 after buying an additional 10,643 shares during the last quarter. Ancora Advisors LLC lifted its holdings in Stabilis Solutions by 32.3% during the 3rd quarter. Ancora Advisors LLC now owns 84,849 shares of the company’s stock worth $370,000 after buying an additional 20,718 shares during the last quarter. Finally, Sei Investments Co. lifted its holdings in Stabilis Solutions by 128.4% during the 1st quarter. Sei Investments Co. now owns 113,200 shares of the company’s stock worth $505,000 after buying an additional 63,644 shares during the last quarter. Institutional investors own 3.81% of the company’s stock.

Analyst Ratings Changes

Separately, Maxim Group downgraded Stabilis Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, March 4th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $10.00.

About Stabilis Solutions

Stabilis Solutions (NASDAQ: SLNG) is a U.S.-based marketer and distributor of cryogenic liquid products and liquefied natural gas (LNG). The company operates a nationwide network of terminals and bulk delivery assets, supplying industrial gases such as liquid oxygen, nitrogen and argon, as well as specialty products including carbon dioxide and hydrogen. Stabilis Solutions serves a broad array of end markets—from food and beverage processing to environmental applications and power generation—by ensuring a reliable chain of custody from production to point of use.

In addition to its cryogenic gas portfolio, Stabilis Solutions has developed a growing LNG business, providing clean-fuel solutions for heavy-duty transportation and on-site energy needs.