Round Rock Advisors LLC Makes New $813,000 Investment in Smart Sand $SND

Round Rock Advisors LLC bought a new position in Smart Sand (NASDAQ:SND) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 162,334 shares of the company’s stock, valued at approximately $813,000. Round Rock Advisors LLC owned approximately 0.38% of Smart Sand at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in SND. BlackRock Inc. acquired a new position in Smart Sand in the 2nd quarter worth approximately $10,083,000. JB Capital Partners LP acquired a new stake in Smart Sand during the 2nd quarter valued at $2,254,000. Gendell Jeffrey L raised its stake 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 purchasing an additional 430,507 shares during the period. Marshall Wace LLP purchased a new stake in shares of Smart Sand in the fourth quarter valued at $1,539,000. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of 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 purchasing an additional 298,017 shares in the last quarter. Institutional investors and hedge funds own 35.21% of the company’s stock.

Insider Activity at Smart Sand

In other Smart Sand news, insider James Douglas Young sold 11,669 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $4.84, for a total value of $56,477.96. Following the transaction, the insider directly owned 344,958 shares of the company’s stock, valued at $1,669,596.72. This represents a 3.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Lee E. Beckelman sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $4.79, for a total value of $239,500.00. Following the sale, the chief financial officer directly owned 721,845 shares of the company’s stock, valued at $3,457,637.55. This trade represents a 6.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 91,844 shares of company stock valued at $446,544. Insiders own 33.50% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. 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 Smart Sand from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Smart Sand Stock Down 0.2%

Smart Sand stock opened at $5.20 on Thursday. The firm has a market cap of $220.48 million, a PE ratio of 20.00 and a beta of 0.36. 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 firm’s 50 day moving average price is $4.76 and its two-hundred day moving average price is $4.84. Smart Sand has a twelve month low of $1.88 and a twelve month high of $5.92.

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

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 issued a dividend of $0.10 per share. The ex-dividend date was Tuesday, July 28th.

Smart Sand 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.