Smart Sand (NASDAQ:SND) Insider Sells $80,363.93 in Stock

Smart Sand (NASDAQ:SNDGet Free Report) insider James Douglas Young sold 16,301 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $4.93, for a total value of $80,363.93. Following the transaction, the insider directly owned 356,627 shares of the company’s stock, valued at $1,758,171.11. The trade was a 4.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

James Douglas Young also recently made the following trade(s):

  • On Wednesday, August 19th, James Douglas Young sold 11,669 shares of Smart Sand stock. The stock was sold at an average price of $4.84, for a total value of $56,477.96.

Smart Sand Price Performance

Shares of SND opened at $4.85 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.11 and a current ratio of 1.69. Smart Sand has a one year low of $1.88 and a one year high of $5.92. The stock has a market capitalization of $205.64 million, a price-to-earnings ratio of 18.65 and a beta of 0.30. The stock has a 50 day moving average price of $4.73 and a 200 day moving average price of $4.83.

Smart Sand (NASDAQ:SNDGet Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.25 earnings per share for the quarter. Smart Sand had a return on equity of 4.41% and a net margin of 2.71%.The company had revenue of $115.05 million for the quarter.

Smart Sand Announces Dividend

The firm also recently announced a special dividend, which was paid on Wednesday, August 12th. Stockholders of record on Tuesday, July 28th were given a $0.10 dividend. The ex-dividend date was Tuesday, July 28th.

Institutional Trading of Smart Sand

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Gendell Jeffrey L raised its holdings in shares of Smart Sand by 16.0% during the 4th quarter. Gendell Jeffrey L now owns 3,126,915 shares of the company’s stock worth $12,508,000 after acquiring an additional 430,507 shares during the period. BlackRock Inc. purchased a new stake in shares of Smart Sand in the second quarter valued at about $10,083,000. Arrowstreet Capital Limited Partnership increased its position in Smart Sand by 59.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 798,823 shares of the company’s stock worth $4,090,000 after purchasing an additional 298,017 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Smart Sand by 25.6% during the first quarter. Dimensional Fund Advisors LP now owns 798,809 shares of the company’s stock worth $4,090,000 after purchasing an additional 162,823 shares during the last quarter. Finally, Bridgeway Capital Management LLC raised its stake in Smart Sand by 3.4% during the fourth quarter. Bridgeway Capital Management LLC now owns 610,034 shares of the company’s stock worth $2,440,000 after purchasing an additional 20,213 shares during the period. 35.21% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Wall Street Zen raised shares of 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 research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Smart Sand presently has an average rating of “Buy”.

Read Our Latest Analysis on Smart Sand

Smart Sand Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Smart Sand (NASDAQ:SND)

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