Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Solaris Energy Infrastructure Inc shares valued at $23,407,312 were sold by Yorktown Energy Partners X, L. on Dec 16 ’24. At $24.01 per share, Yorktown Energy Partners X, L. sold 975,000 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Keenan W Howard JR sold 975,000 shares, netting a total of over 23,407,312 in proceeds. Following the sale of shares at $24.01 each, the insider now holds 0 shares.
Before that, BURKE JAMES R had sold 8,000 shares from its account. In a trade valued at $133,760, the Director traded Solaris Energy Infrastructure Inc shares for $16.72 each. Upon closing the transaction, the insider’s holdings decreased to 8,000 shares, worth approximately $0.42 million.
As published in their initiating research note from Tudor Pickering Holt & Co. on January 22, 2025, Solaris Energy Infrastructure Inc [SEI] has been a Buy and the price target has been revised to $41. Analysts at Pickering Energy Partners upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early November. As of February 23, 2022, Cowen has reiterated its “Market perform” rating for SEI. Earlier on April 09, 2021, Cowen downgraded its rating. Their new recommendation was “a Market perform” for SEI stock which previously was a “an Outperform”.
Analyzing SEI Stock Performance
During the last five days, there has been a drop of approximately -24.62%. Over the course of the year, Solaris Energy Infrastructure Inc shares have dropped approximately -9.49%. Shares of the company reached a 52-week high of $36.52 on 01/24/25 and a 52-week low of $23.03 on 01/28/25. A 50-day SMA is recorded $27.15, while a 200-day SMA reached $15.23. Nevertheless, trading volume fell to 1.47 million shares from 1.79 million shares the previous day.
Support And Resistance Levels for Solaris Energy Infrastructure Inc (SEI)
According to the 24-hour chart, there is a support level at 24.72, which, if violated, would cause prices to drop to 23.38. In the upper region, resistance lies at 26.82. The next price resistance is at 27.58. RSI (Relative Strength Index) is 43.63 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.15, which suggests the price will decrease in the coming days. Percent R is at 77.61%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
