The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Great Lakes Dredge & Dock Corporation shares valued at $686,322 were sold by Kornblau Scott Lee on Aug 11 ’25. At $11.48 per share, Kornblau Scott Lee sold 59,805 shares. The insider’s holdings dropped to 112,130 shares worth approximately $1.38 million following the completion of this transaction.
Also, Kornblau Scott Lee purchased 59,805 shares, netting a total of over 686,583 in proceeds.
Before that, Steger Ronald had sold 5,000 shares from its account. In a trade valued at $57,925, the Director traded Great Lakes Dredge & Dock Corporation shares for $11.59 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $0.25 million.
As published in a research note from Imperial Capital on August 08, 2016, Great Lakes Dredge & Dock Corporation [GLDD] has been rated down from an Outperform to an In-line and the price target has been revised to $4 from $5.50. Analysts at DA Davidson resumed the stock at ‘”a Neutral”‘ outlook in a report released in early August. As of February 24, 2016, Imperial Capital has reiterated its “an Outperform” rating for GLDD. Earlier on November 04, 2015, Imperial Capital resumed its rating. Their recommendation was “an Outperform” for GLDD stock.
Analyzing GLDD Stock Performance
On last trading session, Great Lakes Dredge & Dock Corporation [NASDAQ: GLDD] rose 2.51% to $12.27. The stock’s lowest price that day was $11.9819, but it reached a high of $12.5 in the same session. Over the course of the year, Great Lakes Dredge & Dock Corporation shares have jumped approximately 25.20%.
Is Great Lakes Dredge & Dock Corporation subject to short interest?
Stocks of Great Lakes Dredge & Dock Corporation saw a sharp steep in short interest on 2025-08-29 dropping by 67083.0 shares to 0.79 million. Data from Yahoo Finance shows that the short interest on 2025-07-31 was 0.86 million shares. A decline of -8.47% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.89 of the overall float, the days-to-cover ratio (short ratio) decline to 1.89.
