D Orazio & Associates Inc. Takes $36,000 Position in Smart Sand, Inc. (NASDAQ:SND)

D Orazio & Associates Inc. purchased a new stake in shares of Smart Sand, Inc. (NASDAQ:SND) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,834 shares of the company’s stock, valued at approximately $36,000.

Several other hedge funds have also modified their holdings of SND. JB Capital Partners LP bought a new stake in shares of Smart Sand during the third quarter valued at approximately $376,000. Dimensional Fund Advisors LP grew its stake in shares of Smart Sand by 36.7% during the second quarter. Dimensional Fund Advisors LP now owns 300,646 shares of the company’s stock valued at $634,000 after purchasing an additional 80,787 shares during the last quarter. Garden State Investment Advisory Services LLC bought a new stake in shares of Smart Sand during the third quarter valued at approximately $85,000. Ritholtz Wealth Management grew its stake in shares of Smart Sand by 33.6% during the fourth quarter. Ritholtz Wealth Management now owns 109,876 shares of the company’s stock valued at $247,000 after purchasing an additional 27,664 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of Smart Sand during the fourth quarter valued at approximately $25,000. 35.21% of the stock is owned by institutional investors.

Smart Sand Price Performance

SND opened at $2.24 on Friday. The company’s 50 day simple moving average is $2.33 and its 200-day simple moving average is $2.19. Smart Sand, Inc. has a one year low of $1.73 and a one 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.

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.