Positive sentiment towards ROAD reflected in decline in short interest

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Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Construction Partners Inc shares valued at $754,224 were purchased by Harper John L on May 13 ’25. At $100.94 per share, Harper John L acquired 7,472 shares.

Also, Smith Fred Julius III purchased 9,333 shares, netting a total of over 689,055 in proceeds. Following the buying of shares at $73.83 each, the insider now holds 9,333 shares.

Before that, Flowers Robert P. had sold 3,333 shares from its account. In a trade valued at $246,075, the Senior Vice President traded Construction Partners Inc shares for $73.83 each. Upon closing the transaction, the insider’s holdings decreased to 3,333 shares, worth approximately $5.05 million.

As published in a research note from Sidoti on March 28, 2024, Construction Partners Inc [ROAD] has been rated down from a Buy to a Neutral and the price target has been revised to $59. Analysts at Robert W. Baird downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid February. Earlier on June 01, 2022, Sidoti initiated its rating. Their recommendation was “a Buy” for ROAD stock.

Analyzing ROAD Stock Performance

On last trading session, Construction Partners Inc [NASDAQ: ROAD] rose 2.13% to $108.38. The stock’s lowest price that day was $106.95, but it reached a high of $109.755 in the same session. During the last five days, there has been a surge of approximately 0.27%. Over the course of the year, Construction Partners Inc shares have jumped approximately 102.05%. Shares of the company reached a 52-week high of $111.98 on 06/09/25 and a 52-week low of $64.79 on 04/07/25.

Support And Resistance Levels for Construction Partners Inc (ROAD)

According to the 24-hour chart, there is a support level at 106.94, which, if violated, would cause prices to drop to 105.51. In the upper region, resistance lies at 109.82. The next price resistance is at 111.27. RSI (Relative Strength Index) is 58.11 on the 14-day chart, showing neutral technical sentiment.

Is Construction Partners Inc subject to short interest?

Stocks of Construction Partners Inc saw a sharp steep in short interest on 2025-06-13 dropping by 68024.0 shares to 3.82 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 3.89 million shares. A decline of -1.78% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 7.29 of the overall float, the days-to-cover ratio (short ratio) decline to 7.29.

Which companies own the most shares of Construction Partners Inc (ROAD)?

In terms of Construction Partners Inc share price expectations, FactSet research, analysts set an average price target of 75 in the next 12 months, down nearly -29.33% from the previous closing price of $106.12. Analysts anticipate Construction Partners Inc stock to reach 92 by 2025, with the lowest price target being 72. In spite of this, 2 analysts ranked Construction Partners Inc stock as Strong Buy at the end of 2025. On May 11, 2022, Raymond James assigned a price target of “a Strong buy” to the stock and upgraded coverage with a $25.

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