Solaris Energy Infrastructure (NASDAQ:SEI) Now Covered by Analysts at Northland Securities

Analysts at Northland Securities started coverage on shares of Solaris Energy Infrastructure (NASDAQ:SEI - Get Free Report) in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. The firm set an "outperform" rating and a $37.00 price target on the stock. Northland Securities' price objective would suggest a potential upside of 79.51% from the stock's current price.

Several other research firms also recently commented on SEI. Tudor Pickering raised Solaris Energy Infrastructure to a "strong-buy" rating in a research note on Wednesday, January 22nd. Tudor, Pickering, Holt & Co. started coverage on shares of Solaris Energy Infrastructure in a research report on Wednesday, January 22nd. They issued a "buy" rating and a $41.00 target price for the company. Stifel Nicolaus boosted their price target on shares of Solaris Energy Infrastructure from $42.00 to $48.00 and gave the stock a "buy" rating in a research report on Monday, February 24th. Janney Montgomery Scott began coverage on shares of Solaris Energy Infrastructure in a report on Tuesday, February 25th. They issued a "buy" rating and a $57.00 price objective for the company. Finally, Piper Sandler initiated coverage on Solaris Energy Infrastructure in a report on Thursday, February 20th. They set an "overweight" rating and a $37.00 target price on the stock. Six analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Solaris Energy Infrastructure has a consensus rating of "Buy" and an average target price of $44.00.

Solaris Energy Infrastructure Price Performance

SEI stock traded up $0.49 during trading on Tuesday, hitting $20.61. The stock had a trading volume of 794,128 shares, compared to its average volume of 972,017. Solaris Energy Infrastructure has a twelve month low of $10.96 and a twelve month high of $39.03. The company's 50-day moving average price is $23.12 and its two-hundred day moving average price is $23.70. The company has a debt-to-equity ratio of 0.77, a current ratio of 3.61 and a quick ratio of 3.40. The stock has a market capitalization of $1.38 billion, a P/E ratio of 46.85 and a beta of 1.12.

Insider Transactions at Solaris Energy Infrastructure

In other Solaris Energy Infrastructure news, Director Laurie H. Argo acquired 4,000 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was purchased at an average cost of $22.43 per share, with a total value of $89,720.00. Following the transaction, the director now owns 46,064 shares of the company's stock, valued at $1,033,215.52. This trade represents a 9.51 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 21.20% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Riverview Trust Co purchased a new stake in shares of Solaris Energy Infrastructure in the 1st quarter valued at approximately $47,000. California State Teachers Retirement System acquired a new stake in Solaris Energy Infrastructure in the 4th quarter valued at approximately $52,000. GAMMA Investing LLC purchased a new stake in Solaris Energy Infrastructure in the first quarter valued at approximately $435,000. Assenagon Asset Management S.A. acquired a new position in Solaris Energy Infrastructure during the first quarter worth $772,000. Finally, Retirement Planning Group LLC purchased a new position in shares of Solaris Energy Infrastructure during the first quarter worth $802,000. Institutional investors and hedge funds own 67.44% of the company's stock.

About Solaris Energy Infrastructure

Solaris Energy Infrastructure, Inc is a holding company, which engages in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant to oil and natural gas well sites. Its products include Mobile Proppant and Mobile Chemical Management Systems, and Inventory Management Software.