Disclosed on March 25, Ronald A Ballschmiede, EVP & CFO at Sterling Infrastructure (NASDAQ:STRL), executed a substantial insider sell as per the latest SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Monday outlined that Ballschmiede executed a sale of 3,289 shares of Sterling Infrastructure with a total value of $373,360.
As of Tuesday morning, Sterling Infrastructure shares are down by 0.0%, currently priced at $111.54.
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 Milestones: Sterling Infrastructure's Journey
Positive Revenue Trend: Examining Sterling Infrastructure's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of ...