U.s. Silica Holdings, Inc. (SLCA): David D. Murry , SVP & CHRO of U.s. Silica Holdings, Inc. sold 6,352 shares on Sep 21, 2016. The Insider selling transaction was reported by the company on Sep 22, 2016 to the Securities and Exchange Commission. The shares were sold at $45.00 per share for a total value of $285,840.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 23, 2016, Don D Weinheimer (SVP & President, O&G Proppants) sold 30,000 shares at $42.00 per share price.On Aug 23, 2016, Michael L Winkler (EVP & Chief Operating Officer) sold 64,123 shares at $42.00 per share price.Also, On Aug 9, 2016, Bradford B Casper (EVP & Chief Commercial Officer) sold 8,574 shares at $39.15 per share price.On Aug 9, 2016, Donald A Merril (EVP & Chief Financial Officer) sold 25,000 shares at $38.22 per share price.
U.S. Silica Holdings Inc: On Tuesday, Sep 21, 2016 heightened volatility was witnessed in U.S. Silica Holdings Inc which led to swings in the share price. The shares opened for trading at $42.94 and hit $43.7 on the upside , eventually ending the session at $43.19, with a gain of 0.23% or 0.1 points. The heightened volatility saw the trading volume jump to 13,04,928 shares. The 52-week high of the share price is $43.7 and the company has a market cap of $2,746 M . The 52-week low of the share price is at $13.48.
Company has been under the radar of several Street Analysts.U.S. Silica Holdings Inc is Initiated by Barclays to Overweight and the brokerage firm has set the Price Target at $50. The Rating was issued on Aug 10, 2016.U.S. Silica Holdings Inc is Reiterated by Scotia Howard Weil to Sector Perform and the brokerage firm has raised the Price Target to $ 35 from a previous price target of $32 .The Rating was issued on Aug 4, 2016.U.S. Silica Holdings Inc is Reiterated by Cowen to Outperform and the brokerage firm has raised the Price Target to $ 42 from a previous price target of $29 .The Rating was issued on Jul 20, 2016.U.S. Silica Holdings Inc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 44 from a previous price target of $39 .The Rating was issued on Jul 19, 2016.U.S. Silica Holdings Inc is Upgraded by Jefferies to Buy and the brokerage firm has raised the Price Target to $ 41 from a previous price target of $25 .Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Jul 11, 2016.
U.S. Silica Holdings Inc. (U.S. Silica) is a domestic producer of commercial silica a specialized mineral that is a critical input into a variety of end markets. The Company operates in two segments: Oil & Gas Proppants and Industrial & Specialty Products. In the Oil & Gas Proppants segment the Company serves the oil and gas recovery market providing fracturing sand or frac sand. The Industrial & Specialty Products segment consists of over 250 products and materials. The Company operates approximately 17 production facilities across the United States and controlled 363 million tons of reserves including approximately 179 million tons of reserves that can be processed to meet the American Petroleum Institute (API) frac sand size specifications. The Company produces a range of frac sand sizes and delivers API grade frac sand to the United States shale basins.