Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Sterling Infrastructure Inc shares valued at $351,778 were sold by O’Brien Dana C. on Dec 18 ’24. At $175.89 per share, O’Brien Dana C. sold 2,000 shares. The insider’s holdings dropped to 25,901 shares worth approximately $3.37 million following the completion of this transaction.
Also, Dana C. Carabin O’Brien purchased 2,000 shares, netting a total of over 353,180 in proceeds.
Before that, BALLSCHMIEDE RONALD A had sold 18,700 shares from its account. In a trade valued at $2,685,133, the EVP traded Sterling Infrastructure Inc shares for $143.59 each. Upon closing the transaction, the insider’s holdings decreased to 18,700 shares, worth approximately $32.33 million.
As published in their initiating research note from William Blair on January 17, 2025, Sterling Infrastructure Inc [STRL] has been an Outperform. Analysts at DA Davidson downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late February. As of February 09, 2017, KeyBanc Capital Mkts has decreased its “an Overweight” rating to a “Sector weight” for STRL. Earlier on May 25, 2016, Maxim Group resumed its rating. Their recommendation was “a Buy” for STRL stock.
Analyzing STRL Stock Performance
During the last five days, there has been a drop of approximately -12.30%. Over the course of the year, Sterling Infrastructure Inc shares have dropped approximately -22.77%. Shares of the company reached a 52-week high of $206.07 on 01/22/25 and a 52-week low of $127.50 on 02/13/25. A 50-day SMA is recorded $169.60, while a 200-day SMA reached $142.24. Nevertheless, trading volume fell to 0.84 million shares from 0.42 million shares the previous day.
Support And Resistance Levels for Sterling Infrastructure Inc (STRL)
According to the 24-hour chart, there is a support level at 124.17, which, if violated, would cause prices to drop to 118.24. In the upper region, resistance lies at 139.36. The next price resistance is at 148.62. RSI (Relative Strength Index) is 32.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.12, which suggests the price will decrease in the coming days. Percent R is at 94.50%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
