STRL - Chief Executive Officer Of Sterling Infrastructure Makes $4.41M Sale | Benzinga
Making a noteworthy insider sell on April 1, JOSEPH CUTILLO, Chief Executive Officer at Sterling Infrastructure (NASDAQ:STRL), is reported in the latest SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that CUTILLO sold 40,000 shares of Sterling Infrastructure. The total transaction amounted to $4,414,226.
Sterling Infrastructure's shares are actively trading at $108.78, experiencing a down of 0.94% during Tuesday's morning session.
Get to Know Sterling Infrastructure Better
Sterling Infrastructure Inc is a construction company that specializes in heavy civil infrastructure construction and infrastructure rehabilitation as well as residential construction projects. The company operates in three reportable segments namely, Transportation Solutions, E-Infrastructure Solutions, and Building Solution. Transportation Solutions include highways, roads, bridges, airfields, ports, light rail, and others. Building Solution projects include concrete foundations for single-family homes. E-Infrastructure Solutions include the services which are provided to large, blue-chip companies in the e-commerce, data center, distribution center, and warehousing, energy, mixed-use, and multi-family sectors. The majority of the revenue is generated from E-Infrastructure Solutions. .
Understanding the Numbers: Sterling Infrastructure's Finances
Revenue Growth: Over the 3 months period, Sterling Infrastructure showcased positive performance, achieving a revenue growth rate of 8.33% as of ...