Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Sterling Infrastructure, Inc. (NASDAQ:STRL)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Sterling Infrastructure, Inc. (NASDAQ:STRL). In a filing disclosed on March 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Sterling Infrastructure stock on March 3rd. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 3/3/2025.
• Sold $1,001 - $15,000 in shares of Ford Motor NYSE: F on 2/26/2025.
• Purchased $1,001 - $15,000 in shares of Uber Technologies NYSE: UBER on 2/26/2025.
• Sold $15,001 - $50,000 in shares of UnitedHealth Group NYSE: UNH on 2/26/2025.
• Purchased $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 2/26/2025.
• Sold $1,001 - $15,000 in shares of General Motors NYSE: GM on 2/26/2025.
• Purchased $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 2/26/2025.
• Sold $1,001 - $15,000 in shares of Akamai Technologies NASDAQ: AKAM on 2/26/2025.
• Sold $1,001 - $15,000 in shares of Danaher NYSE: DHR on 2/26/2025.
• Purchased $1,001 - $15,000 in shares of Dollar General NYSE: DG on 2/26/2025.

Sterling Infrastructure Price Performance

Shares of Sterling Infrastructure stock traded down $2.72 on Friday, hitting $118.00. 643,851 shares of the company were exchanged, compared to its average volume of 635,690. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.41. The company has a 50-day moving average price of $149.96 and a 200 day moving average price of $155.45. The stock has a market capitalization of $3.61 billion, a price-to-earnings ratio of 19.93, a price-to-earnings-growth ratio of 1.28 and a beta of 1.32. Sterling Infrastructure, Inc. has a 1-year low of $93.50 and a 1-year high of $206.07.

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Insider Buying and Selling at Sterling Infrastructure

In related news, Director Dana C. O'brien sold 2,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $175.89, for a total transaction of $351,780.00. Following the completion of the transaction, the director now owns 25,901 shares of the company's stock, valued at approximately $4,555,726.89. This trade represents a 7.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 3.70% of the company's stock.

Institutional Trading of Sterling Infrastructure

Several institutional investors have recently made changes to their positions in STRL. Chartwell Investment Partners LLC raised its position in Sterling Infrastructure by 0.8% in the third quarter. Chartwell Investment Partners LLC now owns 8,958 shares of the construction company's stock valued at $1,299,000 after purchasing an additional 70 shares during the period. Huntington National Bank increased its position in shares of Sterling Infrastructure by 34.6% during the 4th quarter. Huntington National Bank now owns 288 shares of the construction company's stock worth $49,000 after purchasing an additional 74 shares during the last quarter. Kovack Advisors Inc. raised its holdings in Sterling Infrastructure by 3.2% in the 4th quarter. Kovack Advisors Inc. now owns 2,914 shares of the construction company's stock valued at $491,000 after buying an additional 91 shares during the period. Willis Investment Counsel lifted its position in Sterling Infrastructure by 1.4% in the fourth quarter. Willis Investment Counsel now owns 7,535 shares of the construction company's stock valued at $1,269,000 after buying an additional 101 shares during the last quarter. Finally, JT Stratford LLC boosted its stake in Sterling Infrastructure by 1.0% during the fourth quarter. JT Stratford LLC now owns 12,465 shares of the construction company's stock worth $2,100,000 after buying an additional 121 shares during the period. Hedge funds and other institutional investors own 80.95% of the company's stock.

Analysts Set New Price Targets

STRL has been the topic of a number of recent research reports. DA Davidson raised Sterling Infrastructure from a "neutral" rating to a "buy" rating and set a $185.00 price objective on the stock in a research note on Thursday, February 27th. StockNews.com raised shares of Sterling Infrastructure from a "hold" rating to a "buy" rating in a research report on Thursday. Finally, William Blair assumed coverage on shares of Sterling Infrastructure in a report on Friday, January 17th. They issued an "outperform" rating for the company.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Sterling Infrastructure

Sterling Infrastructure, Inc engages in the provision of e-infrastructure, transportation, and building solutions primarily in the United States. It operates through three segments: E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment provides site development services for the blue-chip end users in the e-commerce distribution center, data center, manufacturing, warehousing, and power generation sectors.