Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. 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 $0.47 million.
As published in their initiating research note from Janney on February 25, 2025, Solaris Energy Infrastructure Inc [SEI] has been a Buy and the price target has been revised to $57. As of January 22, 2025, Tudor Pickering Holt & Co. has initiated its “Buy” rating for SEI. Earlier on November 06, 2024, Pickering Energy Partners upgraded its rating. Their new recommendation was “an Outperform” for SEI stock which previously was a “a Neutral”.
Analyzing SEI Stock Performance
During the last five days, there has been a drop of approximately -12.94%. Over the course of the year, Solaris Energy Infrastructure Inc shares have dropped approximately -0.38%. Shares of the company reached a 52-week high of $39.03 on 02/21/25 and a 52-week low of $23.03 on 01/28/25. A 50-day SMA is recorded $29.43, while a 200-day SMA reached $17.71.
Support And Resistance Levels for Solaris Energy Infrastructure Inc (SEI)
According to the 24-hour chart, there is a support level at 27.62, which, if violated, would cause prices to drop to 26.56. In the upper region, resistance lies at 29.28. The next price resistance is at 29.88. RSI (Relative Strength Index) is 46.43 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.52, which suggests the price will decrease in the coming days. Percent R is at 85.44%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
