Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) is on recovery track with 41.14% gain from a 1-year low price of $10.5. The company lost -3.45% to attain the price of $14.82 on 5/24/2019. Throughout the recent session, the prices were hovering between $14.65 and $15.62. These shares are 42.24% off its target price of $21.08 and the current market capitalization stands at $730.48M. The recent change has given its price a -14.35% deficit over SMA 50 and -23.25% deficit over its 52-week high. The stock witnessed -20.28% declines, -7.84% declines and 15.15% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SOI’s volatility during a week at 4.45% and during a month it has been found around 4.53%.Solaris Oilfield Infrastructure, Inc. (SOI) Top Holders
Institutional investors currently hold around $447 million or 6.6% in SOI stock. Look at its top three institutional owners: Fmr Llc owns $32.9 million in Solaris Oilfield Infrastructure, Inc., which represents roughly 4.5% of the company’s market cap and approximately 7.36% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 1,838,139 shares of the stock are valued at $27.24 million. The third largest holder is Bluemountain Capital Management, Llc, which currently holds $23.31 million worth of this stock and that ownership represents nearly 3.19% of its market capitalization.
At the end of March reporting period, 66 institutional holders increased their position in Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) by some 6,755,665 shares, 47 decreased positions by 6,085,521 and 18 held positions by 17,297,872. That puts total institutional holdings at 30,139,058 shares, according to SEC filings. The stock grabbed 24 new institutional investments totaling 4,305,075 shares while 13 institutional investors sold out their entire positions totaling 546,816 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 10% Owner Yorktown Energy Partners X, L. has sold 2,000,000 shares of Solaris Oilfield Infrastructure, Inc. (SOI) in the trading session dated Mar. 14, 2019. These shares are worth $31,160,000 and were traded at $15.58 each. The SEC filing shows that Keenan W Howard JR performed a sale of 2,000,000 shares. The Director disposed these shares by way of transaction on Mar. 14, 2019. The company’s shares were given away at $15.58 per share worth to an income of some $31,160,000 to the account of Keenan W Howard JR.
10% Owner, Yorktown X Associates LLC, sold 2,000,000 common shares of Solaris Oilfield Infrastructure, Inc. (SOI) in the open market. In a transaction dated Mar. 14, 2019, the shares were put up for sale at an average price of $15.58, raking in a sum of $31,160,000. After this sale, common shares of SOI are directly owned by the insider, with total stake valued at $.
In the transaction dated Mar. 05, 2019, a great number of shares sold came courtesy the Director; BURKE JAMES R disposed a total of 8,809 shares at an average price of $16.76, amounting to approximately $147,639. The insider now directly owns 92,734 shares worth $1,374,318.
Several analysts have released their opinion on Solaris Oilfield Infrastructure, Inc. (NYSE:SOI), with 4 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 8 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.86 average brokerage recommendation [T1].