Shares of Solaris Energy Infrastructure, Inc. (NYSE:SEI – Get Free Report) have received an average recommendation of “Buy” from the fourteen ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $52.80.
Several research analysts have recently weighed in on SEI shares. Piper Sandler increased their price target on Solaris Energy Infrastructure from $50.00 to $65.00 and gave the stock an “overweight” rating in a research note on Monday, November 17th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Solaris Energy Infrastructure in a research report on Monday, December 15th. Zacks Research downgraded shares of Solaris Energy Infrastructure from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Barclays upped their price target on shares of Solaris Energy Infrastructure from $44.00 to $61.00 and gave the company an “overweight” rating in a research note on Wednesday, November 5th. Finally, Northland Securities set a $61.00 price objective on shares of Solaris Energy Infrastructure in a research note on Thursday, October 9th.
View Our Latest Stock Report on SEI
Solaris Energy Infrastructure Trading Up 4.2%
Solaris Energy Infrastructure (NYSE:SEI – Get Free Report) last released its earnings results on Monday, November 3rd. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.08. The business had revenue of $166.84 million during the quarter, compared to the consensus estimate of $142.82 million. Solaris Energy Infrastructure had a return on equity of 9.38% and a net margin of 7.02%. Sell-side analysts expect that Solaris Energy Infrastructure will post 0.36 earnings per share for the current year.
Key Headlines Impacting Solaris Energy Infrastructure
Here are the key news stories impacting Solaris Energy Infrastructure this week:
- Positive Sentiment: CEO Amanda Brock increased her stake by buying 3,669 shares (~$150k at ~$40.89), a signal of management confidence that can support the stock. CEO Purchase Filing
- Positive Sentiment: Director Aj Teague purchased 2,310 shares (~$99.6k at ~$43.13), increasing his holding ~2.2% — another insider buy that tends to be viewed positively by investors. Director Purchase Report
- Neutral Sentiment: Recent analyst coverage and institutional buying remain supportive: multiple buy/overweight ratings and rising price targets plus large institutional holdings (Vanguard and others) provide a bullish backdrop but are already priced in. MarketBeat Coverage
- Negative Sentiment: Significant insider sales: Cynthia Durrett sold 47,011 shares (~$2.1M) and director Laurie H. Argo sold 2,300 shares (~$101.8k), which may weigh on sentiment if investors view them as profit-taking or reallocation. Durrett Sale Filing
- Negative Sentiment: Chief Administrative Officer executed a multi-million-dollar sale (~$2.10M) reported by Benzinga, which could amplify negative reactions to insider selling. Benzinga: CAO Sale
- Negative Sentiment: Unusually large put-option activity — traders bought ~26,876 puts (a ~507% rise vs. normal volume) — suggests increased short/hedge interest that can pressure near-term sentiment. (Options flow report)
Insider Buying and Selling
In other Solaris Energy Infrastructure news, insider Cynthia M. Durrett sold 47,011 shares of Solaris Energy Infrastructure stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $44.62, for a total transaction of $2,097,630.82. Following the completion of the transaction, the insider owned 131,152 shares of the company’s stock, valued at $5,852,002.24. The trade was a 26.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Ktr Management Company, Llc sold 2,114,783 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $50.15, for a total value of $106,056,367.45. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,164,094 shares of company stock valued at $108,255,773 in the last 90 days. Corporate insiders own 21.20% of the company’s stock.
Hedge Funds Weigh In On Solaris Energy Infrastructure
Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. purchased a new position in shares of Solaris Energy Infrastructure during the 1st quarter valued at $35,060,000. Russell Investments Group Ltd. bought a new stake in Solaris Energy Infrastructure during the first quarter valued at $1,695,000. AE Wealth Management LLC grew its position in Solaris Energy Infrastructure by 39.7% during the second quarter. AE Wealth Management LLC now owns 120,112 shares of the company’s stock worth $3,398,000 after buying an additional 34,164 shares in the last quarter. Ardsley Advisory Partners LP purchased a new position in Solaris Energy Infrastructure during the second quarter worth about $566,000. Finally, Raymond James Financial Inc. increased its stake in Solaris Energy Infrastructure by 253.6% in the 1st quarter. Raymond James Financial Inc. now owns 220,516 shares of the company’s stock worth $4,799,000 after acquiring an additional 158,160 shares during the last quarter. Hedge funds and other institutional investors own 67.44% of the company’s stock.
About Solaris Energy Infrastructure
Solaris Energy Infrastructure Fund Inc (NYSE: SEI) is a closed-end management investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund pursues its objective by investing primarily in equity securities of energy infrastructure companies, including master limited partnerships (MLPs) and other midstream entities. SEI is externally managed by Solaris Asset Management LP, a firm specializing in energy infrastructure investments.
The fund’s portfolio targets businesses involved in the gathering, processing, transportation, storage and terminalling of oil, natural gas and refined products.
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