Solaris Energy Infrastructure (NYSE:SEI) Stock: Insider Aj Teague Acquires 350 Shares

Solaris Energy Infrastructure, Inc. (NYSE:SEI) Director A. Teague bought 350 shares of the stock in a transaction dated Monday, November 9th. The stock was acquired at an average price of $59.23 per share, with a total value of $20,730.50. Following the completion of the purchase, the director owned 117,215 shares of the company’s stock, valued at $6,942,644.45. This represents a 0.30% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Aj Teague also recently made the following trade(s):

• On Wednesday, November 11th, A. Teague purchased 150 shares of Solaris Energy Infrastructure stock. The stock was acquired at an average cost of $65.81 per share, with a total value of $9,871.50.
• On Tuesday, November 10th, A. Teague purchased 170 shares of Solaris Energy Infrastructure stock. The stock was acquired at an average cost of $59.50 per share, with a total value of $10,115.00.
• On Tuesday, September 8th, A. Teague purchased 3,900 shares of Solaris Energy Infrastructure stock. The shares were bought at an average price of $64.21 per share, for a total transaction of $250,419.00.

Solaris Energy Infrastructure Price Performance

NYSE:SEI traded down $0.34 during mid-day trading on Thursday, reaching $64.46. 1,436,577 shares of the company were exchanged, compared to its average volume of 2,813,318. Solaris Energy Infrastructure, Inc. has a 12 month low of $38.50 and a 12 month high of $86.19. The company has a fifty day moving average of $66.47 and a 200 day moving average of $63.47. The company has a quick ratio of 4.03, a current ratio of 2.10 and a debt-to-equity ratio of 1.68. The stock has a market cap of $4.94 billion, a PE ratio of 67.15 and a beta of 1.40.

Solaris Energy Infrastructure (NYSE:SEI) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.23. Solaris Energy Infrastructure had a net margin of 7.99% and a return on equity of 12.82%. The firm had revenue of $341.09 million during the quarter. On average, research analysts anticipate that Solaris Energy Infrastructure, Inc. will post 1.37 EPS for the current fiscal year.

Solaris Energy Infrastructure Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Tuesday, December 8th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, December 8th. Solaris Energy Infrastructure’s payout ratio is 50.00%.

More Solaris Energy Infrastructure News

These are some of the SEI news items that stood out recently:

• Positive Sentiment: Needham raised its price target to $126 from $104 and reiterated a Buy rating. That target is well above the roughly $64 share price cited in the report. Needham analyst information
• Positive Sentiment: Other recent coverage also reflects optimism: one report put SEI’s average analyst price target at $100.38, while another described analysts as bullish and reported a Citigroup target increase. These targets may support sentiment, although they are forecasts rather than guarantees. Average price target report Citigroup price target report Analyst outlook article
• Positive Sentiment: Director A. Teague disclosed three purchases totaling 670 shares across Nov. 9–11, worth about $40,700. Insider buying can signal confidence, though the purchases are small relative to the company and do not establish future performance. SEC Form 4 filing

Wall Street Analysts Forecast Growth

A number of brokerages have commented on SEI. Piper Sandler increased their price objective on Solaris Energy Infrastructure from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Monday. Barclays boosted their target price on Solaris Energy Infrastructure from $116.00 to $140.00 and gave the stock an “overweight” rating in a research report on Friday, November 6th. Citigroup upped their price target on Solaris Energy Infrastructure from $100.00 to $104.00 and gave the company a “buy” rating in a research note on Monday. Wells Fargo & Company cut their price target on Solaris Energy Infrastructure from $72.00 to $65.00 and set an “overweight” rating on the stock in a research note on Friday, November 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Solaris Energy Infrastructure in a report on Wednesday, November 4th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $100.38.

Institutional Investors Weigh In On Solaris Energy Infrastructure

A number of institutional investors and hedge funds have recently modified their holdings of SEI. Readystate Asset Management LP bought a new position in Solaris Energy Infrastructure in the second quarter valued at approximately $3,058,000. Two Seas Capital LP bought a new stake in shares of Solaris Energy Infrastructure during the 3rd quarter valued at $56,007,000. Rokos Capital Management LLP bought a new stake in shares of Solaris Energy Infrastructure during the 1st quarter valued at $1,900,000. Ranger Investment Management L.P. bought a new stake in shares of Solaris Energy Infrastructure during the 2nd quarter valued at $46,967,000. Finally, Situational Awareness LP lifted its stake in shares of Solaris Energy Infrastructure by 2.2% in the 2nd quarter. Situational Awareness LP now owns 1,129,621 shares of the company’s stock valued at $90,889,000 after purchasing an additional 24,070 shares during the period. 67.44% of the stock is owned by institutional investors.

About Solaris Energy Infrastructure

Solaris Energy Infrastructure, Inc. provides equipment and services for energy production and power generation. Its offerings include natural gas-fueled power systems and related equipment, as well as mobile systems used to store, transport and deliver proppant at oil and gas wells. The company was established as Solaris Oilfield Infrastructure and later adopted its current name as its business expanded beyond oilfield logistics. Its oilfield services primarily support operators in U.S. shale basins, while its power solutions serve customers seeking scalable power generation.