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EVP & President, ISP, Carusona Zach sold 42,605 shares of U.S. Silica Holdings Inc [SLCA]

U.S. Silica Holdings Inc’s recently made public that its EVP & President, ISP Carusona Zach unloaded Company’s shares for reported $0.66 million on Apr 26 ’24. In the deal valued at $15.55 per share,42,605 shares were sold. As a result of this transaction, Carusona Zach now holds 160,929 shares worth roughly $2.5 million.

Then, USSERY JAMES DEREK sold 46,433 shares, generating $650,062 in total proceeds. Upon selling the shares at $14.00, the EVP & President, Oil and Gas now owns 174,772 shares.

Before that, Russell Stacy sold 20,000 shares. U.S. Silica Holdings Inc shares valued at $240,000 were divested by the EVP General Counsel at a price of $12.00 per share. As a result of the transaction, Russell Stacy now holds 186,752 shares, worth roughly $2.9 million.

Barclays upgraded its U.S. Silica Holdings Inc [SLCA] rating to an Equal weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in mid July from “an Underweight” to “an Equal-weight”. Evercore ISI also remained covering SLCA and has increased its forecast on June 14, 2022 with a “an Outperform” recommendation from previously “an In-line” rating. Evercore ISI revised its rating on May 02, 2022. It rated SLCA as “an In-line” which previously was an “an Outperform”.

Price Performance Review of SLCA

On Friday, U.S. Silica Holdings Inc [NYSE:SLCA] saw its stock fall -0.06% to $15.51. Over the last five days, the stock has lost -2.39%. U.S. Silica Holdings Inc shares have risen nearly 37.14% since the year began. Nevertheless, the stocks have risen 29.36% over the past one year. While a 52-week high of $16.03 was reached on 04/26/24, a 52-week low of $10.09 was recorded on 02/06/24. SMA at 50 days reached $12.79, while 200 days put it at $12.19. A total of 1.16 million shares were traded, compared to the trading of 1.33 million shares in the previous session.

Levels Of Support And Resistance For SLCA Stock

The 24-hour chart illustrates a support level at 15.47, which if violated will result in even more drops to 15.42. On the upside, there is a resistance level at 15.60. A further resistance level may holdings at 15.68. The Relative Strength Index (RSI) on the 14-day chart is 72.32, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.52, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.57%. Stochastics %K at 85.06% indicates the stock is a selling.

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