Quartz Partners LLC Acquires Shares of 12,847 Smart Sand, Inc. (NASDAQ:SND)

Quartz Partners LLC acquired a new stake in shares of Smart Sand, Inc. (NASDAQ:SND) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,847 shares of the company’s stock, valued at approximately $29,000.

Other large investors have also recently made changes to their positions in the company. Geode Capital Management LLC raised its stake in Smart Sand by 1.3% during 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 in the last quarter. Empowered Funds LLC increased its holdings in shares of Smart Sand by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 143,983 shares of the company’s stock worth $284,000 after buying an additional 7,236 shares during the last quarter. Ritholtz Wealth Management raised its position in shares of Smart Sand by 33.6% during the 4th quarter. Ritholtz Wealth Management now owns 109,876 shares of the company’s stock valued at $247,000 after buying an additional 27,664 shares in the last quarter. Garden State Investment Advisory Services LLC purchased a new stake in shares of Smart Sand during the 3rd quarter valued at about $85,000. Finally, D Orazio & Associates Inc. bought a new position in shares of Smart Sand in the 4th quarter valued at about $36,000. 35.21% of the stock is owned by institutional investors.

Smart Sand Trading Down 2.2 %

Shares of NASDAQ SND opened at $2.25 on Monday. Smart Sand, Inc. has a 1-year low of $1.73 and a 1-year high of $2.80. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.71 and a quick ratio of 0.98. The business’s 50 day moving average is $2.32 and its two-hundred day moving average is $2.22. The stock has a market capitalization of $96.57 million, a P/E ratio of -16.07 and a beta of 1.09.

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.