Primoris Services Corp’s recent filing unveils that its Director Schauerman John P. unloaded Company’s shares for reported $1.16 million on Jun 24 ’25. In the deal valued at $77.37 per share,15,000 shares were sold. As a result of this transaction, Schauerman John P. now holds 102,281 shares worth roughly $8.86 million.
Then, SCHAUERMAN FAMILY TRUST bought 15,000 shares, generating $1,161,369 in total proceeds.
Before that, Cook Stephen C. bought 2,090 shares. Primoris Services Corp shares valued at $148,076 were divested by the Director at a price of $70.85 per share.
Janney initiated its Primoris Services Corp [PRIM] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in early April with a ‘”an Overweight”‘ rating. Jefferies began covering PRIM with “Buy” recommendation on March 11, 2025. Guggenheim started covering the stock on January 08, 2025. It rated PRIM as “a Buy”.
Price Performance Review of PRIM
On Friday, Primoris Services Corp [NYSE:PRIM] saw its stock jump 1.87% to $86.61. Over the last five days, the stock has gained 2.24%. Primoris Services Corp shares have risen nearly 79.95% since the year began. Nevertheless, the stocks have risen 13.36% 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 85.00, which if violated will result in even more drops to 83.39. On the upside, there is a resistance level at 87.74. A further resistance level may holdings at 88.87.
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 December 11, 2024 when KeyBanc Capital Markets began covering the stock and recommended ‘”an Overweight”‘ rating along with a $96 price target.
