In a filing, Solaris Energy Infrastructure Inc revealed its 10% Owner Yorktown Energy Partners X, L. unloaded Company’s shares for reported $23.41 million on Dec 16 ’24. In the deal valued at $24.01 per share,975,000 shares were sold. As a result of this transaction, Yorktown Energy Partners X, L. now holds 0 shares worth roughly $0.0.
Then, Keenan W Howard JR sold 975,000 shares, generating $23,407,312 in total proceeds. Upon selling the shares at $24.01, the Director now owns 0 shares.
Before that, BURKE JAMES R sold 8,000 shares. Solaris Energy Infrastructure Inc shares valued at $133,760 were divested by the Director at a price of $16.72 per share. As a result of the transaction, BURKE JAMES R now holds 16,277 shares, worth roughly $0.57 million.
Tudor Pickering Holt & Co. initiated its Solaris Energy Infrastructure Inc [SEI] rating to a Buy in a research note published on January 22, 2025; the price target was $41. A number of analysts have revised their coverage, including Pickering Energy Partners’s analysts, who increased its forecast for the stock in early November from “a Neutral” to “an Outperform”. Cowen also remained covering SEI and reiterated its “Market perform” recommendation on February 23, 2022. Cowen revised its rating on April 09, 2021. It rated SEI as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of SEI
On Friday, Solaris Energy Infrastructure Inc [NYSE:SEI] saw its stock jump 4.05% to $34.98. Over the last five days, the stock has gained 12.30%. Solaris Energy Infrastructure Inc shares have risen nearly 21.54% since the year began. Nevertheless, the stocks have risen 371.43% over the past one year. While a 52-week high of $35.61 was reached on 01/24/25, a 52-week low of $7.15 was recorded on 01/02/25. SMA at 50 days reached $26.74, while 200 days put it at $14.99.
Levels Of Support And Resistance For SEI Stock
The 24-hour chart illustrates a support level at 33.81, which if violated will result in even more drops to 32.63. On the upside, there is a resistance level at 36.34. A further resistance level may holdings at 37.69. The Relative Strength Index (RSI) on the 14-day chart is 70.21, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.31, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.08%. Stochastics %K at 81.26% indicates the stock is a selling.
How much short interest is there in Solaris Energy Infrastructure Inc?
A steep rise in short interest was recorded in Solaris Energy Infrastructure Inc stocks on 2024-12-31, growing by 0.91 million shares to a total of 2.04 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.13 million shares. There was a rise of 44.67%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 23, 2021 when Cowen resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $14.
