William Zartler Buys Handful Of Shares In Solaris Energy Infrastructure

Potential Solaris Energy Infrastructure, Inc. (NYSE:SEI) shareholders may wish to note that the COO, CEO, William Zartler, recently bought US$218k worth of stock, paying US$21.78 for each share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.

The Last 12 Months Of Insider Transactions At Solaris Energy Infrastructure

Notably, that recent purchase by COO, CEO William Zartler was not the only time they bought Solaris Energy Infrastructure shares this year. Earlier in the year, they paid US$24.07 per share in a US$473k purchase. We do like to see buying, but this purchase was made at well below the current price of US$27.05. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Over the last year, we can see that insiders have bought 44.80k shares worth US$1.1m. But they sold 28.51k shares for US$472k. In total, Solaris Energy Infrastructure insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for Solaris Energy Infrastructure

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Solaris Energy Infrastructure

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 3.7% of Solaris Energy Infrastructure shares, worth about US$68m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Solaris Energy Infrastructure Tell Us?

It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. Given that insiders also own a fair bit of Solaris Energy Infrastructure we think they are probably pretty confident of a bright future. 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. Be aware that Solaris Energy Infrastructure is showing 6 warning signs in our investment analysis, and 3 of those can't be ignored...

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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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