STRL - Mark Wolf Takes Money Off The Table Sells $166K In Sterling Infrastructure Stock | Benzinga
On March 25, a recent SEC filing unveiled that Mark Wolf, General Counsel at Sterling Infrastructure (NASDAQ:STRL) made an insider sell.
What Happened: Wolf opted to sell 1,500 shares of Sterling Infrastructure, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The transaction's total worth stands at $166,352.
As of Tuesday morning, Sterling Infrastructure shares are down by 0.0%, currently priced at $111.54.
Discovering Sterling Infrastructure: A Closer Look
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. .
Breaking Down Sterling Infrastructure's Financial Performance
Positive Revenue Trend: Examining Sterling Infrastructure's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 8.33% as of 31 December, 2023, showcasing ...