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In a recent transaction, William A. Zartler, Chairman and CEO of Solaris Energy Infrastructure, Inc. (NASDAQ:SEI), acquired 10,000 shares of Class A Common Stock at a price of $21.78 per share. The total value of this purchase amounts to $217,800. The purchase comes as SEI’s stock trades at $23.42, with analysts setting price targets between $36 and $53. According to InvestingPro analysis, the stock is currently trading above its Fair Value despite a significant price decline over the past three months.
Following this acquisition, Zartler’s direct holdings of Class A Common Stock increased to 1,039,227 shares. Additionally, Zartler holds significant indirect ownership through Solaris Energy Capital, which includes 3,513,496 shares of Class B Common Stock. These shares do not carry economic rights but grant voting privileges, as noted in the SEC filing.
The transaction, dated May 21, 2025, reflects Zartler’s ongoing involvement and investment in Solaris Energy Infrastructure, as he continues to play a pivotal role in the company’s leadership and strategic direction.
In other recent news, Solaris Oilfield Infrastructure (NYSE:SEI) Inc. reported a strong performance for the first quarter of 2025, surpassing earnings and revenue forecasts. The company posted earnings per share of $0.20, exceeding the expected $0.14, while revenue reached $126 million, surpassing the anticipated $112.13 million. This performance marks a 31% increase in total revenue from the previous quarter, highlighting Solaris’ strategic focus on expanding its power solutions and logistics segments. Additionally, the company’s adjusted EBITDA saw a notable increase, underscoring its profitability. In another development, Citi analysts initiated coverage of Solaris Energy Infrastructure with a Buy rating and set a price target of $32.00, citing the company’s strategic position in the utility sector and robust demand for reliable electricity. The analysts emphasized Solaris’ leadership in providing modular power solutions and its strong partnership with an anchor client as positive indicators for the company’s long-term success. These recent developments reflect Solaris’ ongoing growth and strategic initiatives in the energy sector.
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