23 Institutional Investors Seem Overcautious About Solaris Oilfield Infrastructure, Inc. (SOI)

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) enjoyed a 34.67% run-up in share price since hitting record low of $10.5. The stock managed 3.14% rise and now stands at $14.14 as of 01/11/2019. At recent session, the prices were hovering between $13.5 and $14.285. This company shares are 40.66% off its target price of $19.89 and the current market capitalization stands at $646.2M. The recent change has given its price a 8.79% lead over SMA 50 and -40.34% deficit over its 52-week high. The stock witnessed 18.82% gains, -18.74% declines and -0.91% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SOI’s volatility during a week at 5.35% and during a month it has been found around 5.8%.

Solaris Oilfield Infrastructure, Inc. (SOI) Top Holders

Institutional investors currently hold around $526 million or 6.9% in SOI stock. Look at its top three institutional owners. Yorktown Energy Partners X, L.P. owns $154.89 million in Solaris Oilfield Infrastructure, Inc., which represents roughly 23.97% of the company’s market cap and approximately 29.45% of the institutional ownership. Similar statistics are true for the second largest owner, Fred Alger Management Inc, which owns 2,471,391 shares of the stock are valued at $34.95 million. The third largest holder is Timessquare Capital Management, Llc, which currently holds $29.3 million worth of this stock and that ownership represents nearly 4.53% of its market capitalization.

Solaris Oilfield Infrastructure, Inc. 13F Filings

At the end of September reporting period, 50 institutional holders increased their position in Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) by some 5,253,080 shares, 62 decreased positions by 4,602,155 and 23 held positions by 27,315,139. That puts total institutional holdings at 37,170,374 shares, according to SEC filings. The stock grabbed 14 new institutional investments totaling 3,228,614 shares while 23 institutional investors sold out their entire positions totaling 1,735,974 shares.

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) Insider Trades

Multiple company employees have indulged in significant insider trading. Solaris Oilfield Infrastructure, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Burke James R has sold 7,170 shares of Solaris Oilfield Infrastructure, Inc. (SOI) in trading session dated Sep. 12, 2018. These shares are worth $119,524 and were traded at $16.67 each. The SEC filing shows that Zartler William A performed a purchase of 6,000 shares. The Director, 10% Owner added these shares by way of transaction on May. 22, 2018. The company’s shares were assimilated at $16.17 per share worth to an investment of some $97,020 on account of Zartler William A.

CFO, Ramachandran Kyle S., purchased 5,000 common shares of Solaris Oilfield Infrastructure, Inc. (SOI) in the open market. In a transaction dated May. 22, 2018, the shares were bought at an average price of $16.17, giving away a sum of $80,850. After this purchase, 546,677 common shares of SOI are directly owned by the insider, with total stake valued at $7,730,013.

In the transaction dated Jan. 11, 2018, the great number of shares disposed came courtesy the 10% Owner; Yorktown Energy Partners X, L. disposed a total of 1,408,388 shares at an average price of $21.65, amounting to approximately $30,491,600. The insider now directly owns 10,954,234 shares worth $154,892,869.

Solaris Oilfield Infrastructure, Inc. (SOI) Analyst Guide

Several analysts have released their opinion on Solaris Oilfield Infrastructure, Inc. (NYSE:SOI), with 4 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 6 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.73 average brokerage recommendation.