PRIM’s short interest reaches 1.9 million shares on 2025-09-15

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Primoris Services Corp shares valued at $372,744 were sold by Kinch Jeremy on Sep 15 ’25. At $124.00 per share, Kinch Jeremy sold 3,006 shares. The insider’s holdings dropped to 9,580 shares worth approximately $1.34 million following the completion of this transaction.

Also, Ching Michael E. sold 2,935 shares, netting a total of over 351,877 in proceeds. Following the sale of shares at $119.89 each, the insider now holds 9,534 shares.

Before that, Moncrief Jeremy Heath had added 2,417 shares to its account. In a trade valued at $297,944, the Officer bought Primoris Services Corp shares for $123.27 each.

As published in their initiating research note from Mizuho on September 04, 2025, Primoris Services Corp [PRIM] has been a Neutral and the price target has been revised to $112. Analysts at Janney started covering the stock with ‘”a Buy”‘ outlook in a report released in early July. As of April 08, 2025, Piper Sandler has initiated its “an Overweight” rating for PRIM. Earlier on March 11, 2025, Jefferies initiated its rating. Their recommendation was “a Buy” for PRIM stock.

Analyzing PRIM Stock Performance

On last trading session, Primoris Services Corp [NYSE: PRIM] rose 1.69% to $139.65. The stock’s lowest price that day was $135.61, but it reached a high of $140.885 in the same session. During the last five days, there has been a surge of approximately 7.34%. Over the course of the year, Primoris Services Corp shares have jumped approximately 140.65%. Shares of the company reached a 52-week high of $140.88 on 10/01/25 and a 52-week low of $49.10 on 04/07/25.

Support And Resistance Levels for Primoris Services Corp (PRIM)

According to the 24-hour chart, there is a support level at 136.54, which, if violated, would cause prices to drop to 133.44. In the upper region, resistance lies at 141.82. The next price resistance is at 143.99. RSI (Relative Strength Index) is 77.24 on the 14-day chart, showing overbought technical sentiment.

Is Primoris Services Corp subject to short interest?

Stocks of Primoris Services Corp saw a sharp steep in short interest on 2025-09-15 dropping by -0.3 million shares to 1.9 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 2.2 million shares. A decline of -15.67% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.4 of the overall float, the days-to-cover ratio (short ratio) decline to 2.4.

Which companies own the most shares of Primoris Services Corp (PRIM)?

In terms of Primoris Services Corp share price expectations, FactSet research, analysts set an average price target of 120.5 in the next 12 months, down nearly -12.26% from the previous closing price of $137.33. Analysts anticipate Primoris Services Corp stock to reach 158 by 2025, with the lowest price target being 76. In spite of this, 3 analysts ranked Primoris Services Corp stock as Buy at the end of 2025. On January 08, 2025, Guggenheim assigned a price target of “a Buy” to the stock and initiated coverage with a $102.

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