Smart Sand (NASDAQ:SND) Insider James Douglas Young Sells 11,669 Shares of Stock

Smart Sand (NASDAQ:SND) insider James Douglas Young sold 11,669 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $4.84, for a total transaction of $56,477.96. Following the completion of the transaction, the insider directly owned 344,958 shares in the company, valued at approximately $1,669,596.72. The trade was a 3.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

James Douglas Young also recently made the following trade(s):

• On Tuesday, August 18th, James Douglas Young sold 16,301 shares of Smart Sand stock. The stock was sold at an average price of $4.93, for a total value of $80,363.93.

Smart Sand Price Performance

SND traded down $0.20 during trading on Wednesday, reaching $4.77. 327,782 shares of the company traded hands, compared to its average volume of 313,683. Smart Sand has a 12-month low of $1.88 and a 12-month high of $5.92. The firm has a fifty day simple moving average of $4.75 and a 200 day simple moving average of $4.83. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.11 and a current ratio of 1.69. The company has a market cap of $202.25 million, a P/E ratio of 18.35 and a beta of 0.30.

Smart Sand (NASDAQ:SND) last posted its earnings results on Tuesday, August 11th. The company reported $0.25 EPS for the quarter. The company had revenue of $115.05 million for the quarter. Smart Sand had a return on equity of 4.41% and a net margin of 2.71%.

Smart Sand Dividend Announcement

The company also recently disclosed a special dividend, which was paid on Wednesday, August 12th. Investors of record on Tuesday, July 28th were given a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, July 28th.

Analysts Set New Price Targets

Several equities analysts have commented on SND shares. Weiss Ratings raised Smart Sand from a “hold (c)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Wall Street Zen raised shares of Smart Sand from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Smart Sand presently has a consensus rating of “Buy”.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of SND. BlackRock Inc. acquired a new stake in shares of Smart Sand in the 2nd quarter worth $10,083,000. JB Capital Partners LP acquired a new position in Smart Sand during the 2nd quarter valued at about $2,254,000,000. Gendell Jeffrey L increased its position in Smart Sand by 16.0% during the 4th quarter. Gendell Jeffrey L now owns 3,126,915 shares of the company’s stock valued at $12,508,000 after buying an additional 430,507 shares in the last quarter. Marshall Wace LLP purchased a new stake in Smart Sand in the fourth quarter valued at about $1,539,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in Smart Sand by 59.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 798,823 shares of the company’s stock valued at $4,090,000 after buying an additional 298,017 shares during the last quarter. Institutional investors own 35.21% of the company’s stock.

Smart Sand Company Profile

Smart Sand, Inc (NASDAQ:SND) is a U.S.-based industrial mineral company specializing in the mining, processing and distribution of high-purity silica sand. The company’s primary business centers on the production of frac sand for the oil and gas industry, as well as specialty sand products for foundry, glass and construction applications. Through an integrated network of mines, processing plants and trans-load facilities, Smart Sand delivers precision-engineered sand solutions designed to meet stringent performance and purity requirements.

Smart Sand’s operations include flagship mining and processing facilities in Wisconsin, which supply Northern White silica sand, and production sites in Texas, strategically located to serve major U.S.