U.S. Silica Holdings, Inc. (NYSE:SLCA) went up to recover about 37.42% since recording its record low price of $9.3. The stock experienced 24.08% jump, arriving at $12.78 on 7/30/2019. During the day, the stock price traveled from $10.85 to $12.88. This company shares are 25.43% off its target price of $16.03 and the current market capitalization stands at $970.51M. The recent change has given its price a 10.57% lead over SMA 50 and -54.14% deficit over its 52-week high. The stock witnessed -0.08% declines, -19.22% declines and -4.63% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SLCA’s volatility during a week at 8.81% and during a month it has been found around 5.98%.
What Does U.S. Silica Holdings, Inc. (SLCA) Do?
The company describes itself in regulatory filings as, “U.S. Silica Holdings, Inc. is a materials company, which engages in the provision of commercial silica products. It operates through Oil and Gas Proppants; and Industrial and Specialty Products segments. The Oil and Gas Proppants segment focuses in delivering fracturing sand which is pumped down oil and natural gas wells to prop open rock fissures and increase the flow rate of natural gas and oil from the wells. The Industrial and Specialty products segment consists of products and materials used in a variety of industries including, container glass, fiberglass, specialty glass, flat glass, building products, fillers and extenders, foundry products, chemicals, recreation products and filtration products. The company was founded on November 14, 2008 and is headquartered in Frederick, MD.” [Text can be found here: https://www.marketwatch.com/investing/stock/SLCA/profile under company description.]U.S. Silica Holdings, Inc. (SLCA) Top Holders
Institutional investors currently hold around $770 million or 0% in SLCA stock. Look at its top three institutional owners: Blackrock Inc. owns $113.79 million in U.S. Silica Holdings, Inc., which represents roughly 11.73% of the company’s market cap and approximately 14.78% of the institutional ownership. Similar statistics are true for the second largest owner, Ariel Investments, Llc, which owns 9,831,225 shares of the stock are valued at $101.26 million. The third largest holder is Vanguard Group Inc, which currently holds $80.19 million worth of this stock and that ownership represents nearly 8.26% of its market capitalization.
At the end of March reporting period, 102 institutional holders increased their position in U.S. Silica Holdings, Inc. (NYSE:SLCA) by some 5,170,500 shares, 103 decreased positions by 12,165,003 and 37 held positions by 57,454,310. That puts total institutional holdings at 74,789,813 shares, according to SEC filings. The stock grabbed 31 new institutional investments totaling 1,341,136 shares while 26 institutional investors sold out their entire positions totaling 2,723,428 shares.U.S. Silica Holdings, Inc. (NYSE:SLCA) Insider Trades
Multiple company employees have indulged in significant insider trading. U.S. Silica Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Murry David D. has sold 6,957 shares of U.S. Silica Holdings, Inc. (SLCA) in the trading session dated May. 10, 2019. These shares are worth $89,119 and were traded at $12.81 each. The SEC filing shows that SHAVER CHARLES W performed a purchase of 10,000 shares. The Director added these shares by way of transaction on May. 09, 2019. The company’s shares were assimilated at $13.06 per share worth to an investment of some $130,600 to the account of SHAVER CHARLES W.
Director, KACAL WILLIAM JENNINGS, purchased 5,000 common shares of U.S. Silica Holdings, Inc. (SLCA) in the open market. In a transaction dated Dec. 13, 2018, the shares were bought at an average price of $11.29, giving away a sum of $56,450. After this purchase, 78,815 common shares of SLCA are directly owned by the insider, with total stake valued at $1,007,256.
In the transaction dated Oct. 26, 2018, a great number of shares acquired came courtesy the EVP & COO; WINKLER MICHAEL L added a total of 2,000 shares at an average price of $13.98, amounting to approximately $27,960. The insider now directly owns 47,290 shares worth $604,366.U.S. Silica Holdings, Inc. (SLCA) Analyst Guide
Several analysts have released their opinion on U.S. Silica Holdings, Inc. (NYSE:SLCA), with 2 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 7 buy, 2 sell and 0 strong sell ratings, collectively assigning a 2.44 average brokerage recommendation [T1].