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 $3.19 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 $30.6 million.
As published in a research note from DA Davidson on February 27, 2025, Sterling Infrastructure Inc [STRL] has been rated up from a Neutral to a Buy and the price target has been revised to $185. Analysts at William Blair started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid January. As of February 28, 2024, DA Davidson has decreased its “Buy” rating to a “Neutral” for STRL. Earlier on February 09, 2017, KeyBanc Capital Mkts downgraded its rating. Their new recommendation was “a Sector weight” for STRL stock which previously was a “an Overweight”.
Analyzing STRL Stock Performance
During the last five days, there has been a drop of approximately -0.90%. Over the course of the year, Sterling Infrastructure Inc shares have dropped approximately -26.89%. Shares of the company reached a 52-week high of $206.07 on 01/22/25 and a 52-week low of $105.28 on 02/25/25. A 50-day SMA is recorded $157.26, while a 200-day SMA reached $142.81.
Support And Resistance Levels for Sterling Infrastructure Inc (STRL)
According to the 24-hour chart, there is a support level at 120.46, which, if violated, would cause prices to drop to 117.77. In the upper region, resistance lies at 128.39. The next price resistance is at 133.63. RSI (Relative Strength Index) is 38.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -9.30, which suggests the price will decrease in the coming days. Percent R is at 62.64%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
