Gilder Gagnon Howe & Co. LLC purchased a new stake in Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,543,743 shares of the company’s stock, valued at approximately $17,799,000. Gilder Gagnon Howe & Co. LLC owned 14.36% of Solaris Oilfield Infrastructure at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Spark Investment Management LLC acquired a new position in shares of Solaris Oilfield Infrastructure during the second quarter valued at about $1,806,000. Emerald Mutual Fund Advisers Trust acquired a new position in shares of Solaris Oilfield Infrastructure during the second quarter valued at about $3,459,000. Finally, Hodges Capital Management Inc. acquired a new position in shares of Solaris Oilfield Infrastructure during the second quarter valued at about $6,284,000. Institutional investors own 23.73% of the company’s stock.

Solaris Oilfield Infrastructure, Inc. (SOI) opened at 13.42 on Tuesday. Solaris Oilfield Infrastructure, Inc. has a 52 week low of $9.90 and a 52 week high of $14.07. The company has a market capitalization of $144.24 million and a price-to-earnings ratio of 18.72. The company has a 50 day moving average of $11.89 and a 200 day moving average of $11.75.

WARNING: “Gilder Gagnon Howe & Co. LLC Purchases New Position in Solaris Oilfield Infrastructure, Inc. (SOI)” was first reported by Daily Political and is the sole property of of Daily Political. If you are viewing this news story on another site, it was illegally copied and reposted in violation of United States & international copyright legislation. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/08/08/gilder-gagnon-howe-co-llc-purchases-new-position-in-solaris-oilfield-infrastructure-inc-soi.html.

Several research analysts recently issued reports on the stock. Piper Jaffray Companies reiterated a “buy” rating and issued a $15.50 price target on shares of Solaris Oilfield Infrastructure in a research note on Thursday, August 3rd. Wunderlich assumed coverage on shares of Solaris Oilfield Infrastructure in a research note on Tuesday, June 6th. They issued a “buy” rating and a $17.00 price target for the company. Oppenheimer Holdings, Inc. assumed coverage on shares of Solaris Oilfield Infrastructure in a research note on Tuesday, June 6th. They issued an “outperform” rating and a $15.00 price target for the company. Wells Fargo & Company assumed coverage on shares of Solaris Oilfield Infrastructure in a research note on Tuesday, June 6th. They issued an “outperform” rating for the company. Finally, Goldman Sachs Group, Inc. (The) assumed coverage on shares of Solaris Oilfield Infrastructure in a research note on Tuesday, June 6th. They issued a “buy” rating and a $20.50 price target for the company. Eleven investment analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and an average price target of $16.25.

Solaris Oilfield Infrastructure Company Profile

Solaris Oilfield Infrastructure, Inc manufactures and provides its mobile proppant management systems that unload, store and deliver proppant at oil and natural gas well sites. The Company offers its services to oil and natural gas exploration and production (E&P) companies, as well as oilfield service companies.

Institutional Ownership by Quarter for Solaris Oilfield Infrastructure (NYSE:SOI)

Receive News & Ratings for Solaris Oilfield Infrastructure Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solaris Oilfield Infrastructure Inc. and related companies with MarketBeat.com's FREE daily email newsletter.