Centuri Holdings Inc’s recently made public that its 10% Owner Southwest Gas Holdings, Inc. unloaded Company’s shares for reported $367.06 million on Aug 11 ’25. In the deal valued at $19.50 per share,18,823,500 shares were sold. As a result of this transaction, Southwest Gas Holdings, Inc. now holds 27,362,210 shares worth roughly $557.64 million.
Then, Southwest Gas Holdings, Inc. sold 1,060,240 shares, generating $21,999,980 in total proceeds. Upon selling the shares at $20.75, the 10% Owner now owns 46,185,710 shares.
Before that, Southwest Gas Holdings, Inc. sold 11,212,500 shares. Centuri Holdings Inc shares valued at $232,659,375 were divested by the 10% Owner at a price of $20.75 per share. As a result of the transaction, Southwest Gas Holdings, Inc. now holds 47,245,950 shares, worth roughly $962.87 million.
JP Morgan downgraded its Centuri Holdings Inc [CTRI] rating to an Underweight from a a Neutral in a research note published on October 07, 2024; the price target was decreased to $16 from $19. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in late July from “a Buy” to “a Neutral”. BofA Securities also remained covering CTRI and has decreased its forecast on June 27, 2024 with a “an Underperform” recommendation from previously “Neutral” rating. Wells Fargo started covering the stock on May 13, 2024. It rated CTRI as “an Overweight”.
Price Performance Review of CTRI
On Friday, Centuri Holdings Inc [NYSE:CTRI] saw its stock fall -0.59% to $20.38. Over the last five days, the stock has gained 2.00%. Centuri Holdings Inc shares have risen nearly 26.11% since the year began. Nevertheless, the stocks have risen 5.54% over the past one year. While a 52-week high of $24.60 was reached on 01/24/25, a 52-week low of $14.45 was recorded on 04/04/25.
Levels Of Support And Resistance For CTRI Stock
The 24-hour chart illustrates a support level at 19.93, which if violated will result in even more drops to 19.47. On the upside, there is a resistance level at 20.70. A further resistance level may holdings at 21.01.
How much short interest is there in Centuri Holdings Inc?
A steep rise in short interest was recorded in Centuri Holdings Inc stocks on 2025-07-31, dropping by -0.55 million shares to a total of 2.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 2.6 million shares. There was a decline of -26.75%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 13, 2024 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $30 price target.
