ROAD - Construction Partners Board Member Trades Company's Stock | Benzinga
Revealing a significant insider sell on June 20, Stefan L Shaffer, Board Member at Construction Partners (NASDAQ:ROAD), as per the latest SEC filing.
What Happened: Shaffer opted to sell 2,500 shares of Construction Partners, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The transaction's total worth stands at $146,025.
At Thursday morning, Construction Partners shares are down by 0.0%, trading at $58.5.
Unveiling the Story Behind Construction Partners
Construction Partners Inc operates as an infrastructure and road construction company. It provides construction products and services to the public and private sectors. Its services cover the construction of highways, roads, bridges, airports, and commercial and residential sites. The company provides site development, paving, utility and drainage systems, as well as supplies hot mix asphalt.
A Deep Dive into Construction Partners's Financials
Revenue Growth: Over the 3 months period, Construction Partners showcased positive performance, achieving a revenue growth rate of 14.34% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Navigating Financial ...