Smart Sand (NASDAQ:SND – Get Free Report) insider Ronald Whelan purchased 4,444 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were acquired at an average price of $4.50 per share, with a total value of $19,998.00. Following the completion of the acquisition, the insider owned 472,941 shares of the company’s stock, valued at approximately $2,128,234.50. The trade was a 0.95% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Smart Sand Stock Up 3.9%
Shares of SND stock opened at $5.10 on Thursday. Smart Sand has a 12 month low of $1.76 and a 12 month high of $5.84. The firm has a market cap of $219.25 million, a PE ratio of 9.27 and a beta of 0.32. The stock has a 50 day moving average of $4.99 and a 200-day moving average of $4.40. The company has a quick ratio of 1.05, a current ratio of 1.66 and a debt-to-equity ratio of 0.04.
Smart Sand (NASDAQ:SND – Get Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.10) EPS for the quarter. The firm had revenue of $93.11 million during the quarter.
Smart Sand Dividend Announcement
The firm also recently declared a special dividend, which was paid on Tuesday, May 5th. Stockholders of record on Wednesday, April 22nd were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, April 22nd.
Analysts Set New Price Targets
SND has been the subject of a number of research analyst reports. Wall Street Zen upgraded Smart Sand from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings upgraded Smart Sand from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Smart Sand presently has a consensus rating of “Hold”.
Get Our Latest Analysis on SND
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. LPL Financial LLC raised its stake in shares of Smart Sand by 36.7% in the fourth quarter. LPL Financial LLC now owns 14,900 shares of the company’s stock valued at $60,000 after purchasing an additional 4,000 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Smart Sand by 1.5% in the second quarter. Geode Capital Management LLC now owns 444,089 shares of the company’s stock valued at $893,000 after purchasing an additional 6,551 shares in the last quarter. Kathmere Capital Management LLC raised its stake in shares of Smart Sand by 43.6% in the first quarter. Kathmere Capital Management LLC now owns 27,743 shares of the company’s stock valued at $142,000 after purchasing an additional 8,422 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Smart Sand in the first quarter valued at $26,000. Finally, State Street Corp raised its stake in shares of Smart Sand by 6.7% in the fourth quarter. State Street Corp now owns 161,597 shares of the company’s stock valued at $646,000 after purchasing an additional 10,200 shares in the last quarter. 35.21% of the stock is currently owned by institutional investors and hedge funds.
Smart Sand Company Profile
Smart Sand, Inc (NASDAQ:SND) is a U.S.-based industrial mineral company specializing in the mining, processing and distribution of high-purity silica sand. The company’s primary business centers on the production of frac sand for the oil and gas industry, as well as specialty sand products for foundry, glass and construction applications. Through an integrated network of mines, processing plants and trans-load facilities, Smart Sand delivers precision-engineered sand solutions designed to meet stringent performance and purity requirements.
Smart Sand’s operations include flagship mining and processing facilities in Wisconsin, which supply Northern White silica sand, and production sites in Texas, strategically located to serve major U.S.
Featured Articles
- Five stocks we like better than Smart Sand
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
- Palo Alto Networks Accelerates Growth 31% on AI Demand
Receive News & Ratings for Smart Sand Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smart Sand and related companies with MarketBeat.com's FREE daily email newsletter.
