Ronald A Ballschmiede, EVP & CFO at Sterling Infrastructure (NASDAQ:STRL), executed a substantial insider sell on March 20, according to an SEC filing.
What Happened: Ballschmiede opted to sell 13,000 shares of Sterling Infrastructure, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The transaction's total worth stands at $1,425,554.
Sterling Infrastructure's shares are actively trading at $111.5, experiencing a up of 1.65% during Thursday's morning session.
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. .
Financial Insights: Sterling Infrastructure
Positive Revenue Trend: Examining Sterling Infrastructure's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth ...