Insider Selling: U.S. Silica Holdings, Inc. (NYSE:SLCA) EVP Sells $662,507.75 in Stock

U.S. Silica Holdings, Inc. (NYSE:SLCA) EVP Zach Carusona sold 42,605 shares of the business’s stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $15.55, for a total value of $662,507.75. Following the completion of the transaction, the executive vice president now owns 160,929 shares in the company, valued at approximately $2,502,445.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

U.S. Silica Trading Up 0.2 %

NYSE:SLCA opened at $15.46 on Thursday. The company has a quick ratio of 2.74, a current ratio of 3.62 and a debt-to-equity ratio of 0.92. The business’s 50 day moving average is $12.54 and its two-hundred day moving average is $11.69. U.S. Silica Holdings, Inc. has a 52 week low of $10.09 and a 52 week high of $16.03. The company has a market cap of $1.21 billion, a PE ratio of 10.52 and a beta of 2.23.

U.S. Silica (NYSE:SLCA) last released its earnings results on Friday, April 26th. The mining company reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. U.S. Silica had a return on equity of 13.77% and a net margin of 8.08%. The company had revenue of $325.90 million for the quarter, compared to the consensus estimate of $336.59 million. During the same quarter last year, the business posted $0.64 EPS. U.S. Silica’s quarterly revenue was down 26.3% compared to the same quarter last year. On average, analysts predict that U.S. Silica Holdings, Inc. will post 1.17 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Citigroup boosted their price target on U.S. Silica from $13.50 to $15.50 and gave the stock a “neutral” rating in a research note on Wednesday.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. GAMMA Investing LLC acquired a new stake in shares of U.S. Silica during the 4th quarter worth approximately $41,000. C M Bidwell & Associates Ltd. acquired a new stake in shares of U.S. Silica during the 3rd quarter worth approximately $109,000. Callahan Advisors LLC acquired a new stake in shares of U.S. Silica during the 4th quarter worth approximately $124,000. Perfromance Wealth Partners LLC acquired a new stake in shares of U.S. Silica during the 3rd quarter worth approximately $140,000. Finally, Cutter & CO Brokerage Inc. acquired a new stake in shares of U.S. Silica during the 1st quarter worth approximately $148,000. Institutional investors own 87.77% of the company’s stock.

About U.S. Silica

U.S. Silica Holdings, Inc produces and sells commercial silica in the United States. It operates through two segments: Oil & Gas Proppants and Industrial & Specialty Products. The company offers whole grain commercial silica products to be used as frac for oil and natural gas recovery, as well as sells its whole grain silica products for the manufacturing of glass products.