Sterling Infrastructure Inc’s recently made public that its Chief Executive Officer CUTILLO JOSEPH A acquired Company’s shares for reported $1.01 million on Feb 28 ’25. In the deal valued at $124.32 per share,8,120 shares were bought. As a result of this transaction, CUTILLO JOSEPH A now holds 473,147 shares worth roughly $57.01 million.
Then, Wolf Mark D. sold 2,563 shares, generating $313,096 in total proceeds. Upon selling the shares at $122.16, the General Counsel, Corporate Sec now owns 32,815 shares.
Before that, O’Brien Dana C. sold 2,000 shares. Sterling Infrastructure Inc shares valued at $351,778 were divested by the Director at a price of $175.89 per share. As a result of the transaction, O’Brien Dana C. now holds 25,901 shares, worth roughly $3.12 million.
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 -0.73% to $120.49. Over the last five days, the stock has gained 8.47%. Sterling Infrastructure Inc shares have fallen nearly -28.47% since the year began. Nevertheless, the stocks have risen 9.53% 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 $144.24, while 200 days put it at $142.31.
Levels Of Support And Resistance For STRL Stock
The 24-hour chart illustrates a support level at 116.85, which if violated will result in even more drops to 113.22. On the upside, there is a resistance level at 123.02. A further resistance level may holdings at 125.56. The Relative Strength Index (RSI) on the 14-day chart is 43.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.39%. Stochastics %K at 54.71% indicates the stock is a holding.
How much short interest is there in Sterling Infrastructure Inc?
A steep rise in short interest was recorded in Sterling Infrastructure Inc stocks on 2025-02-28, growing by 0.47 million shares to a total of 1.75 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.28 million shares. There was a rise of 26.68%, which implies that there is a positive sentiment for the stock.
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.
