Primoris Services Corp’s recently made public that its Board Member SCHAUERMAN FAMILY TRUST acquired Company’s shares for reported $1.16 million on Jun 24 ’25. In the deal valued at $77.42 per share,15,000 shares were bought.
Then, Cook Stephen C. bought 2,090 shares, generating $148,076 in total proceeds.
Before that, Cook Stephen C. bought 800 shares. Primoris Services Corp shares valued at $55,872 were divested by the Director at a price of $69.84 per share.
Piper Sandler initiated its Primoris Services Corp [PRIM] rating to an Overweight in a research note published on April 08, 2025; the price target was $75. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. Guggenheim began covering PRIM with “Buy” recommendation on January 08, 2025. KeyBanc Capital Markets started covering the stock on December 11, 2024. It rated PRIM as “an Overweight”.
Price Performance Review of PRIM
On Monday, Primoris Services Corp [NYSE:PRIM] saw its stock fall -2.64% to $77.94. Over the last five days, the stock has gained 2.24%. Primoris Services Corp shares have risen nearly 52.79% since the year began. Nevertheless, the stocks have risen 2.02% over the past one year. While a 52-week high of $90.86 was reached on 01/22/25, a 52-week low of $45.92 was recorded on 04/07/25.
Levels Of Support And Resistance For PRIM Stock
The 24-hour chart illustrates a support level at 76.92, which if violated will result in even more drops to 75.89. On the upside, there is a resistance level at 79.10. A further resistance level may holdings at 80.26.
How much short interest is there in Primoris Services Corp?
A steep rise in short interest was recorded in Primoris Services Corp stocks on 2025-06-13, dropping by -0.72 million shares to a total of 2.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 3.02 million shares. There was a decline of -30.98%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 07, 2024 when JP Morgan began covering the stock and recommended ‘”an Overweight”‘ rating along with a $71 price target.
