Aj Teague Buys 1,000 Shares of Solaris Energy Infrastructure, Inc. (NASDAQ:SEI) Stock

Solaris Energy Infrastructure, Inc. (NASDAQ:SEI - Get Free Report) Director Aj Teague acquired 1,000 shares of the firm's stock in a transaction on Friday, May 23rd. The stock was purchased at an average price of $26.77 per share, for a total transaction of $26,770.00. Following the completion of the transaction, the director now directly owns 98,459 shares in the company, valued at approximately $2,635,747.43. The trade was a 1.03% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• On Thursday, May 1st, Aj Teague acquired 1,000 shares of Solaris Energy Infrastructure stock. The shares were acquired at an average cost of $22.58 per share, for a total transaction of $22,580.00.

Solaris Energy Infrastructure Price Performance

Shares of NASDAQ SEI traded down $0.29 during midday trading on Friday, reaching $27.60. 1,327,772 shares of the company were exchanged, compared to its average volume of 1,059,279. The stock's 50-day moving average price is $21.44 and its 200-day moving average price is $25.18. The stock has a market cap of $1.86 billion, a P/E ratio of 62.72 and a beta of 1.01. Solaris Energy Infrastructure, Inc. has a one year low of $10.96 and a one year high of $39.03. The company has a quick ratio of 3.40, a current ratio of 3.61 and a debt-to-equity ratio of 0.77.

Solaris Energy Infrastructure Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Tuesday, June 3rd will be paid a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, June 3rd. This represents a $0.48 annualized dividend and a dividend yield of 1.74%. Solaris Energy Infrastructure's dividend payout ratio is 97.96%.

Analyst Ratings Changes

Several brokerages recently commented on SEI. Northland Securities began coverage on Solaris Energy Infrastructure in a research note on Tuesday, April 22nd. They set an "outperform" rating and a $37.00 price objective on the stock. Citigroup started coverage on Solaris Energy Infrastructure in a research note on Thursday, May 22nd. They issued a "buy" rating on the stock. Stifel Nicolaus raised their price objective on Solaris Energy Infrastructure from $42.00 to $48.00 and gave the company a "buy" rating in a report on Monday, February 24th. Northland Capmk upgraded Solaris Energy Infrastructure to a "strong-buy" rating in a report on Tuesday, April 22nd. Finally, Vertical Research started coverage on Solaris Energy Infrastructure in a report on Wednesday, May 14th. They issued a "buy" rating and a $36.00 price objective for the company. Eight investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Solaris Energy Infrastructure currently has a consensus rating of "Buy" and a consensus target price of $43.14.

Institutional Trading of Solaris Energy Infrastructure

Several institutional investors have recently modified their holdings of SEI. Encompass Capital Advisors LLC bought a new stake in Solaris Energy Infrastructure during the first quarter valued at $78,967,000. Driehaus Capital Management LLC bought a new stake in Solaris Energy Infrastructure during the first quarter valued at $44,073,000. Vanguard Group Inc. bought a new stake in Solaris Energy Infrastructure during the first quarter valued at $35,060,000. Westwood Holdings Group Inc. bought a new stake in Solaris Energy Infrastructure during the first quarter valued at $29,298,000. Finally, Millennium Management LLC bought a new stake in Solaris Energy Infrastructure during the first quarter valued at $24,335,000. Institutional investors own 67.44% of the company's stock.

Solaris Energy Infrastructure Company Profile

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.