Value Aligned Research Advisors LLC Sells 78,954 Shares of Solaris Energy Infrastructure, Inc. $SEI

Value Aligned Research Advisors LLC lowered its position in shares of Solaris Energy Infrastructure, Inc. (NYSE:SEI) by 8.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 896,985 shares of the company’s stock after selling 78,954 shares during the period. Value Aligned Research Advisors LLC’s holdings in Solaris Energy Infrastructure were worth $50,689,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Maxi Investments CY Ltd purchased a new stake in shares of Solaris Energy Infrastructure in the 4th quarter valued at about $4,765,000. Situational Awareness LP grew its holdings in shares of Solaris Energy Infrastructure by 62.3% during the fourth quarter. Situational Awareness LP now owns 1,866,500 shares of the company’s stock worth $85,803,000 after purchasing an additional 716,200 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Solaris Energy Infrastructure by 2,120.7% in the fourth quarter. Principal Financial Group Inc. now owns 1,466,343 shares of the company’s stock worth $67,408,000 after purchasing an additional 1,400,311 shares during the last quarter. Dockside LLC bought a new position in shares of Solaris Energy Infrastructure in the fourth quarter worth approximately $3,803,000. Finally, Asset Management One Co. Ltd. purchased a new stake in Solaris Energy Infrastructure in the fourth quarter valued at approximately $2,108,000. 67.44% of the stock is owned by institutional investors.

Solaris Energy Infrastructure Trading Down 10.0%

Shares of SEI opened at $47.32 on Wednesday. Solaris Energy Infrastructure, Inc. has a fifty-two week low of $24.57 and a fifty-two week high of $86.19. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of 53.17 and a beta of 1.17. The firm has a 50 day moving average price of $70.38 and a 200-day moving average price of $63.17. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.07 and a current ratio of 1.11.

Solaris Energy Infrastructure (NYSE:SEI) last released its earnings results on Monday, April 27th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.26 by $0.18. The company had revenue of $196.24 million for the quarter. Solaris Energy Infrastructure had a net margin of 6.69% and a return on equity of 13.33%. As a group, equities research analysts forecast that Solaris Energy Infrastructure, Inc. will post 1.01 earnings per share for the current year.

Insider Buying and Selling at Solaris Energy Infrastructure

In related news, Director Aj Teague acquired 2,750 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were purchased at an average price of $72.98 per share, for a total transaction of $200,695.00. Following the completion of the acquisition, the director owned 11,060 shares in the company, valued at approximately $807,158.80. This represents a 33.09% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, insider Christopher M. Powell sold 36,852 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $74.63, for a total value of $2,750,264.76. Following the completion of the sale, the insider directly owned 114,117 shares of the company’s stock, valued at approximately $8,516,551.71. This trade represents a 24.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 4,099,593 shares of company stock valued at $297,782,099. 20.23% of the stock is currently owned by insiders.

Analysts Set New Price Targets

SEI has been the subject of a number of research reports. Stifel Nicolaus boosted their price target on shares of Solaris Energy Infrastructure from $71.00 to $93.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Piper Sandler lifted their price objective on shares of Solaris Energy Infrastructure from $65.00 to $72.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Raymond James Financial reiterated an “outperform” rating and issued a $82.00 target price on shares of Solaris Energy Infrastructure in a research report on Wednesday, April 29th. Wolfe Research began coverage on Solaris Energy Infrastructure in a research note on Monday, July 6th. They issued an “outperform” rating and a $120.00 target price on the stock. Finally, Barclays lifted their price target on Solaris Energy Infrastructure from $74.00 to $86.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Nine investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $86.25.

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.