Empowered Funds LLC Buys 6,909 Shares of Smart Sand, Inc. (NASDAQ:SND)

Empowered Funds LLC increased its stake in Smart Sand, Inc. (NASDAQ:SND) by 4.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 150,892 shares of the company’s stock after purchasing an additional 6,909 shares during the quarter. Empowered Funds LLC owned approximately 0.35% of Smart Sand worth $340,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in 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. Ritholtz Wealth Management raised its holdings in Smart Sand by 33.6% in the 4th quarter. Ritholtz Wealth Management now owns 109,876 shares of the company’s stock worth $247,000 after acquiring an additional 27,664 shares during the period. Garden State Investment Advisory Services LLC bought a new position in Smart Sand in the 3rd quarter worth $85,000. D Orazio & Associates Inc. acquired a new position in Smart Sand during the 4th quarter worth $36,000. Finally, JB Capital Partners LP bought a new stake in Smart Sand during the third quarter valued at about $376,000. Institutional investors own 35.21% of the company’s stock.

Smart Sand Trading Up 0.4 %

Shares of NASDAQ:SND opened at $2.30 on Friday. Smart Sand, Inc. has a 52-week low of $1.73 and a 52-week high of $2.80. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.98 and a current ratio of 1.71. The company has a market cap of $98.71 million, a P/E ratio of -16.43 and a beta of 1.09. The stock’s 50-day moving average is $2.32 and its 200-day moving average is $2.21.

About Smart Sand

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.