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HOUSTON—Solaris Energy Infrastructure, Inc. (NASDAQ:SEI), a $1.84 billion market cap company that has delivered an impressive 230% return over the past year, reported significant stock transactions by J Turbines, Inc., a major shareholder, according to a recent SEC filing. On June 4, J Turbines sold 75,000 shares of Solaris Energy’s Class A common stock at $27.56 per share. The following day, an additional 75,000 shares were sold at a weighted average price of $28.10 per share. These transactions amounted to a total sale of $4.17 million. According to InvestingPro data, the stock currently trades at $27.13, with analysts maintaining a strong buy consensus.
Prior to these sales, J Turbines converted 150,000 shares of Class B common stock, which hold no economic rights but grant voting power, into Class A common stock. This conversion and sale reflect J Turbines’ ongoing strategic management of its stake in Solaris Energy Infrastructure. InvestingPro analysis shows the company maintains a healthy financial position with a "GOOD" overall score, while trading above its calculated Fair Value. For deeper insights into insider transactions and comprehensive financial analysis, investors can access the detailed Pro Research Report, available exclusively on InvestingPro.
In other recent news, Solaris Energy Infrastructure reported a strong first quarter for 2025, surpassing both earnings and revenue expectations. The company achieved an earnings per share (EPS) of $0.20, outperforming the anticipated $0.14, and generated revenue of $126 million, exceeding the forecasted $112.13 million. This marks a 31% increase in total revenue from the previous quarter, driven by the expansion of its power solutions and logistics segments. In related developments, Citi initiated coverage of Solaris Energy with a Buy rating and set a price target of $32.00, citing the company’s strategic position in the utility sector and its effective market strategy. Analysts from Citi highlighted Solaris Energy’s partnership with an anchor client as a strong indicator of long-term capacity utilization. The firm also noted the utility sector’s slow pace of change as a factor in their positive outlook. Additionally, Solaris expanded its data center power generation capacity significantly, with its adjusted EBITDA increasing by 25% from the previous quarter. Looking ahead, the company projects continued growth in its power solutions segment, with expectations of reaching an average of 440 megawatts in Q2 2025 and 520 megawatts in Q3 2025.
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