43,000 Shares in Smart Sand, Inc. (NASDAQ:SND) Bought by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC purchased a new stake in shares of Smart Sand, Inc. (NASDAQ:SND) in the third quarter, Holdings Channel reports. The firm purchased 43,000 shares of the company’s stock, valued at approximately $85,000.

Several other institutional investors have also recently bought and sold shares of SND. Geode Capital Management LLC raised its position in shares of Smart Sand by 1.3% in the third quarter. Geode Capital Management LLC now owns 425,804 shares of the company’s stock valued at $839,000 after purchasing an additional 5,540 shares during the period. JB Capital Partners LP purchased a new stake in shares of Smart Sand in the third quarter worth about $376,000. Empowered Funds LLC boosted its holdings in Smart Sand by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 143,983 shares of the company’s stock valued at $284,000 after purchasing an additional 7,236 shares during the period. First Eagle Investment Management LLC bought a new position in shares of Smart Sand in the second quarter worth $294,000. Finally, Dimensional Fund Advisors LP increased its stake in Smart Sand by 36.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 300,646 shares of the company’s stock worth $634,000 after acquiring an additional 80,787 shares during the last quarter. Institutional investors and hedge funds own 35.21% of the company’s stock.

Smart Sand Trading Down 3.4 %

Shares of Smart Sand stock opened at $2.24 on Friday. Smart Sand, Inc. has a 1 year low of $1.65 and a 1 year high of $2.80. The company has a 50 day simple moving average of $2.26 and a two-hundred day simple moving average of $2.14. The firm has a market cap of $96.14 million, a PE ratio of -16.00 and a beta of 1.10. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.71 and a quick ratio of 0.98.

Smart Sand Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, October 28th. Investors of record on Tuesday, October 15th were given a $0.10 dividend. The ex-dividend date was Tuesday, October 15th. This represents a yield of 4.52%.

Smart Sand Company Profile

Smart Sand, Inc, an integrated frac and industrial sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. It also provides proppant logistics services; and wellsite storage solutions through SmartSystems products and services.