STRL - Chief Executive Officer Of Sterling Infrastructure Makes $2.08M Sale | Benzinga
On April 4, a recent SEC filing unveiled that JOSEPH CUTILLO, Chief Executive Officer at Sterling Infrastructure (NASDAQ:STRL) made an insider sell.
What Happened: CUTILLO's decision to sell 19,674 shares of Sterling Infrastructure was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value of the sale is $2,076,964.
At Friday morning, Sterling Infrastructure shares are up by 2.18%, trading at $107.54.
All You Need to Know About Sterling Infrastructure
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: Sterling Infrastructure's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the ...