James Douglas Young Sells 16,301 Shares of Smart Sand (NASDAQ:SND) Stock

Smart Sand (NASDAQ:SND) insider James Douglas Young sold 16,301 shares of Smart Sand stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $4.93, for a total transaction of $80,363.93. Following the transaction, the insider owned 356,627 shares in the company, valued at approximately $1,758,171.11. The trade was a 4.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

• On Wednesday, August 19th, James Douglas Young sold 11,669 shares of Smart Sand stock. The shares were sold at an average price of $4.84, for a total value of $56,477.96.

Smart Sand Stock Performance

Shares of Smart Sand stock opened at $4.85 on Friday. The stock has a market cap of $205.64 million, a PE ratio of 18.65 and a beta of 0.30. The business has a fifty day simple moving average of $4.74 and a 200-day simple moving average of $4.83. The company has a quick ratio of 1.11, a current ratio of 1.69 and a debt-to-equity ratio of 0.04. Smart Sand has a 12 month low of $1.88 and a 12 month high of $5.92.

Smart Sand (NASDAQ:SND) last posted its quarterly earnings results on Tuesday, August 11th. The company reported $0.25 earnings per share for the quarter. The firm 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 firm also recently announced a special dividend, which was paid on Wednesday, August 12th. Stockholders of record on Tuesday, July 28th were issued a $0.10 dividend. The ex-dividend date was Tuesday, July 28th.

Wall Street Analyst Weigh In

Several research analysts have weighed in on SND shares. Weiss Ratings upgraded shares of Smart Sand from a “hold (c)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Wall Street Zen raised shares of Smart Sand from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Smart Sand has an average rating of “Buy”.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of SND. Goldman Sachs Group Inc. acquired a new position in Smart Sand during the first quarter worth $26,000. Squarepoint Ops LLC acquired a new stake in shares of Smart Sand in the fourth quarter worth about $57,000. Balyasny Asset Management L.P. bought a new stake in shares of Smart Sand during the 4th quarter worth about $59,000. LPL Financial LLC boosted its stake in shares of Smart Sand by 36.7% during the 4th quarter. LPL Financial LLC now owns 14,900 shares of the company’s stock worth $60,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Vise Technologies Inc. acquired a new position in shares of Smart Sand during the 2nd quarter valued at about $70,000. 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.