In a filing, Sterling Infrastructure Inc revealed its General Counsel, Corporate Sec Wolf Mark D. unloaded Company’s shares for reported $0.31 million on Feb 26 ’25. In the deal valued at $122.16 per share,2,563 shares were sold. As a result of this transaction, Wolf Mark D. now holds 32,815 shares worth roughly $3.99 million.
Then, O’Brien Dana C. sold 2,000 shares, generating $351,778 in total proceeds. Upon selling the shares at $175.89, the Director now owns 25,901 shares.
Before that, Dana C. Carabin O’Brien bought 2,000 shares. Sterling Infrastructure Inc shares valued at $353,180 were divested by the Director at a price of $176.59 per share.
DA Davidson upgraded its Sterling Infrastructure Inc [STRL] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including William Blair’s analysts, who began to cover the stock in mid January with a ‘”an Outperform”‘ rating. DA Davidson also remained covering STRL and has decreased its forecast on February 28, 2024 with a “Neutral” recommendation from previously “Buy” rating. KeyBanc Capital Mkts revised its rating on February 09, 2017. It rated STRL as “a Sector weight” which previously was an “an Overweight”.
Price Performance Review of STRL
On Monday, Sterling Infrastructure Inc [NASDAQ:STRL] saw its stock fall -4.43% to $121.57. Over the last five days, the stock has gained 11.89%. Sterling Infrastructure Inc shares have fallen nearly -27.83% since the year began. Nevertheless, the stocks have risen 14.54% over the past one year. While a 52-week high of $206.07 was reached on 01/22/25, a 52-week low of $93.50 was recorded on 02/25/25. SMA at 50 days reached $155.02, while 200 days put it at $142.77.
Levels Of Support And Resistance For STRL Stock
The 24-hour chart illustrates a support level at 117.61, which if violated will result in even more drops to 113.64. On the upside, there is a resistance level at 127.77. A further resistance level may holdings at 133.96. The Relative Strength Index (RSI) on the 14-day chart is 38.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.02%. Stochastics %K at 40.69% indicates the stock is a holding.
The most recent change occurred on May 25, 2016 when Maxim Group resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $6.
