U.S. Silica Holdings, Inc. (NYSE:SLCA) EVP Sells $662,507.75 in Stock

U.S. Silica Holdings, Inc. (NYSE:SLCA) EVP Zach Carusona sold 42,605 shares of the stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $15.55, for a total transaction of $662,507.75. Following the sale, the executive vice president now owns 160,929 shares in the company, valued at approximately $2,502,445.95. The transaction was disclosed in a document filed with the SEC, which is available at this link.

U.S. Silica Price Performance

NYSE SLCA traded down $0.33 on Monday, hitting $15.56. 5,131,215 shares of the company’s stock were exchanged, compared to its average volume of 1,061,645. U.S. Silica Holdings, Inc. has a 52 week low of $10.09 and a 52 week high of $16.03. The stock has a 50-day moving average of $12.35 and a 200-day moving average of $11.66. The company has a current ratio of 3.62, a quick ratio of 2.74 and a debt-to-equity ratio of 0.92. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 10.59 and a beta of 2.23.

U.S. Silica (NYSE:SLCA) last released its quarterly earnings data on Friday, April 26th. The mining company reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20. U.S. Silica had a return on equity of 13.77% and a net margin of 8.08%. The business had revenue of $325.90 million for the quarter, compared to analyst estimates of $336.59 million. During the same period last year, the firm posted $0.64 earnings per share. U.S. Silica’s revenue was down 26.3% compared to the same quarter last year. Analysts expect that U.S. Silica Holdings, Inc. will post 1.17 earnings per share for the current year.

Institutional Investors Weigh In On U.S. Silica

Several hedge funds and other institutional investors have recently made changes to their positions in SLCA. SG Americas Securities LLC bought a new stake in U.S. Silica during the 3rd quarter worth $599,000. Exchange Traded Concepts LLC acquired a new position in shares of U.S. Silica in the third quarter valued at approximately $816,000. Cambridge Investment Research Advisors Inc. raised its holdings in U.S. Silica by 13.4% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 37,739 shares of the mining company’s stock valued at $530,000 after buying an additional 4,450 shares during the last quarter. Bailard Inc. raised its holdings in U.S. Silica by 5.2% in the 3rd quarter. Bailard Inc. now owns 32,404 shares of the mining company’s stock valued at $455,000 after buying an additional 1,600 shares during the last quarter. Finally, New York State Teachers Retirement System boosted its position in U.S. Silica by 13.4% during the 3rd quarter. New York State Teachers Retirement System now owns 110,971 shares of the mining company’s stock worth $1,558,000 after buying an additional 13,127 shares during the period. 87.77% of the stock is owned by institutional investors.

About U.S. Silica

U.S. Silica Holdings, Inc produces and sells commercial silica in the United States. It operates through two segments: Oil & Gas Proppants and Industrial & Specialty Products. The company offers whole grain commercial silica products to be used as frac for oil and natural gas recovery, as well as sells its whole grain silica products for the manufacturing of glass products.