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In a recent filing with the Securities and Exchange Commission, Teague AJ, a director at Solaris Energy Infrastructure, Inc. (NASDAQ:SEI), disclosed the purchase of 4,000 shares of Class A Common Stock. The transactions, which took place on March 6, 2025, were executed at prices ranging from $24.02 to $24.18 per share, totaling $96,400. With the stock currently trading at $19.05, significantly below the insider purchase price, InvestingPro data shows analysts maintain a strong buy consensus with price targets ranging from $36 to $53.
The purchases were made in two separate transactions. Teague AJ directly acquired 2,000 shares, while an additional 2,000 shares were purchased indirectly by his spouse. Following these acquisitions, Teague AJ directly owns 96,459 shares and indirectly holds 4,000 shares through his spouse.
These transactions reflect an amendment to a previous filing, correcting earlier misreported ownership details.
In other recent news, Solaris Energy Infrastructure has been the subject of various analyst reports and strategic developments. Stifel analysts maintained a Buy rating on Solaris Energy, setting a price target of $16.65, emphasizing the company’s growth plans in the Power Generation (HM:PGV) sector and a stabilizing long-term contract with a major data center provider. Despite a critical short report from Morpheus Research questioning the company’s business model and recent acquisitions, Stifel analysts reiterated their confidence with a $48 price target, noting the quality of new assets and potential for customer base diversification. Piper Sandler also raised its price target for Solaris Energy to $50, citing the company’s expansion efforts and a significant 500MW data center contract expected to yield substantial returns.
Solaris Energy’s recent performance includes securing a six-year contract to supply power to a major data center, with plans for a joint venture, leading Stifel to revise its estimates and increase its price target. However, the Morpheus Research report raised concerns over Solaris’s acquisition of Mobile Energy Rentals LLC, questioning the sustainability of its growth and financial projections. Despite these challenges, analysts have expressed confidence in Solaris’s management, particularly CEO Bill Zartler, and the company’s strategic direction. The firm’s expansion plans include doubling its fleet size to 1.4 gigawatts and shifting toward more permanent power solutions, which analysts believe will bolster its market position. Investors are closely watching Solaris Energy’s ability to execute its strategies and leverage its contracts amid these developments.
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