Solaris Energy Infrastructure Inc’s filing revealed that 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 $0.59 million.
A number of analysts have revised their coverage, including Tudor Pickering Holt & Co.’s analysts, who began to cover the stock in late January with a ‘”a Buy”‘ rating. Pickering Energy Partners also remained covering SEI and has increased its forecast on November 06, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Cowen maintained its rating on February 23, 2022. It rated SEI as “a Market perform”.
Price Performance Review of SEI
On Friday, Solaris Energy Infrastructure Inc [NYSE:SEI] saw its stock jump 22.56% to $35.96. Over the last five days, the stock has gained 31.87%. Solaris Energy Infrastructure Inc shares have risen nearly 24.95% since the year began. Nevertheless, the stocks have risen 361.62% over the past one year. While a 52-week high of $36.52 was reached on 02/21/25, a 52-week low of $7.49 was recorded on 01/28/25. SMA at 50 days reached $28.90, while 200 days put it at $16.80.
Levels Of Support And Resistance For SEI Stock
The 24-hour chart illustrates a support level at 33.66, which if violated will result in even more drops to 31.37. On the upside, there is a resistance level at 38.64. A further resistance level may holdings at 41.32. The Relative Strength Index (RSI) on the 14-day chart is 68.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.39, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 22.95%. Stochastics %K at 78.00% indicates the stock is a holding.
