Smart Sand (NASDAQ:SND – Get Free Report) VP Christopher Green sold 13,874 shares of Smart Sand stock in a transaction on Friday, August 14th. The stock was sold at an average price of $5.06, for a total transaction of $70,202.44. Following the completion of the transaction, the vice president owned 34,293 shares in the company, valued at approximately $173,522.58. The trade was a 28.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Smart Sand Stock Performance
Smart Sand stock opened at $4.97 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 1.69 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $210.73 million, a PE ratio of 19.12 and a beta of 0.30. The firm has a fifty day simple moving average of $4.76 and a two-hundred day simple moving average of $4.83. Smart Sand has a twelve month low of $1.88 and a twelve month high of $5.92.
Smart Sand (NASDAQ:SND – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.25 earnings per share (EPS) for the quarter. The firm had revenue of $115.05 million for the quarter. Smart Sand had a return on equity of 4.41% and a net margin of 2.71%.
Smart Sand Dividend Announcement
Institutional Trading of Smart Sand
Large investors have recently modified their holdings of the business. Goldman Sachs Group Inc. bought a new position in Smart Sand during the 1st quarter valued at approximately $26,000. Squarepoint Ops LLC purchased a new stake in Smart Sand in the 4th quarter worth approximately $57,000. Balyasny Asset Management L.P. bought a new stake in shares of Smart Sand in the 4th quarter worth approximately $59,000. LPL Financial LLC grew its position in shares of Smart Sand by 36.7% in the 4th quarter. LPL Financial LLC now owns 14,900 shares of the company’s stock worth $60,000 after buying an additional 4,000 shares during the last quarter. Finally, Vise Technologies Inc. purchased a new position in shares of Smart Sand during the second quarter valued at approximately $70,000. 35.21% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the company. Wall Street Zen raised Smart Sand from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Weiss Ratings raised shares of Smart Sand from a “hold (c)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.
Read Our Latest Analysis on SND
About Smart Sand
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.
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