This Insider Has Just Sold Shares In Solaris Energy Infrastructure

We'd be surprised if Solaris Energy Infrastructure, Inc. (NYSE:SEI) shareholders haven't noticed that the Independent Director, Edgar Giesinger, recently sold US$289k worth of stock at US$28.86 per share. On the bright side, that sale was only 9.9% of their holding, so we doubt it's very meaningful, on its own.

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The Last 12 Months Of Insider Transactions At Solaris Energy Infrastructure

The COO, CEO William Zartler made the biggest insider purchase in the last 12 months. That single transaction was for US$473k worth of shares at a price of US$24.07 each. Even though the purchase was made at a significantly lower price than the recent price (US$29.63), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Happily, we note that in the last year insiders paid US$1.1m for 46.80k shares. But insiders sold 38.51k shares worth US$761k. In the last twelve months there was more buying than selling by Solaris Energy Infrastructure insiders. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Check out our latest analysis for Solaris Energy Infrastructure

Solaris Energy Infrastructure is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Solaris Energy Infrastructure insiders own about US$75m worth of shares. That equates to 3.7% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Solaris Energy Infrastructure Insider Transactions Indicate?

An insider hasn't bought Solaris Energy Infrastructure stock in the last three months, but there was some selling. In contrast, they appear keener if you look at the last twelve months. It's good to see insiders are shareholders. So the recent selling doesn't worry us too much. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For instance, we've identified 5 warning signs for Solaris Energy Infrastructure (3 are concerning) you should be aware of.

Of course Solaris Energy Infrastructure may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.