Rep. Gilbert Ray Cisneros, Jr. Unloads Shares of Sterling Infrastructure, Inc. (NASDAQ:STRL)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Sterling Infrastructure, Inc. (NASDAQ:STRL). In a filing disclosed on July 02nd, the Representative disclosed that they had sold between $15,001 and $50,000 in Sterling Infrastructure stock on June 16th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Texas Roadhouse (NASDAQ:TXRH) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Texas Capital Bancshares (NASDAQ:TCBI) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Microchip Technology (NASDAQ:MCHP) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 6/30/2026.

Sterling Infrastructure Price Performance

NASDAQ STRL remained flat at $700.75 on Friday. 990,445 shares of the company’s stock were exchanged, compared to its average volume of 884,394. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.10 and a quick ratio of 1.10. The stock has a market cap of $21.51 billion, a PE ratio of 62.68, a PEG ratio of 2.55 and a beta of 1.83. The stock’s 50 day moving average is $791.76 and its 200 day moving average is $528.83. Sterling Infrastructure, Inc. has a one year low of $225.46 and a one year high of $1,005.68.

Sterling Infrastructure (NASDAQ:STRL) last announced its quarterly earnings results on Monday, May 4th. The construction company reported $3.59 EPS for the quarter, topping the consensus estimate of $2.29 by $1.30. Sterling Infrastructure had a net margin of 12.02% and a return on equity of 35.64%. The business had revenue of $825.67 million for the quarter, compared to analysts’ expectations of $603.58 million. During the same quarter in the previous year, the company earned $1.63 EPS. Sterling Infrastructure has set its FY 2026 guidance at 18.400-19.050 EPS. On average, research analysts expect that Sterling Infrastructure, Inc. will post 18.35 EPS for the current year.

Institutional Investors Weigh In On Sterling Infrastructure

A number of institutional investors and hedge funds have recently added to or reduced their stakes in STRL. Empowered Funds LLC bought a new position in shares of Sterling Infrastructure during the 1st quarter worth $378,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Sterling Infrastructure by 12.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 83,983 shares of the construction company’s stock worth $9,508,000 after acquiring an additional 9,625 shares in the last quarter. Focus Partners Wealth increased its position in Sterling Infrastructure by 13.7% during the 1st quarter. Focus Partners Wealth now owns 2,313 shares of the construction company’s stock valued at $262,000 after purchasing an additional 279 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in Sterling Infrastructure during the 2nd quarter valued at about $5,929,000. Finally, Cerity Partners LLC raised its holdings in shares of Sterling Infrastructure by 195.7% in the 2nd quarter. Cerity Partners LLC now owns 19,522 shares of the construction company’s stock valued at $4,504,000 after purchasing an additional 12,921 shares in the last quarter. Institutional investors own 80.95% of the company’s stock.

Insider Activity at Sterling Infrastructure

In other news, CEO Joseph A. Cutillo sold 50,000 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $497.57, for a total value of $24,878,500.00. Following the sale, the chief executive officer directly owned 290,593 shares in the company, valued at approximately $144,590,359.01. This trade represents a 14.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Mark D. Wolf sold 2,500 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $888.00, for a total value of $2,220,000.00. Following the transaction, the general counsel directly owned 28,137 shares in the company, valued at approximately $24,985,656. The trade was a 8.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Weiss Ratings cut Sterling Infrastructure from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 14th. Argus began coverage on shares of Sterling Infrastructure in a report on Thursday, April 16th. They issued a “buy” rating and a $510.00 target price for the company. Wall Street Zen cut shares of Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a research report on Saturday. KeyCorp upped their price target on shares of Sterling Infrastructure from $889.00 to $922.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Finally, Zacks Research upgraded shares of Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $720.67.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Sterling Infrastructure

Sterling Infrastructure, Inc (NASDAQ: STRL) is a diversified manufacturer and distributor of essential infrastructure products serving municipal, utility and industrial customers across North America. Through its network of wholly owned subsidiaries, the company designs, engineers and produces a wide range of cast and fabricated solutions tailored to the needs of the waterworks, natural gas, telecommunications, electric, traffic safety and parks & recreation markets.

The company’s product portfolio encompasses ductile iron and composite fittings, valve boxes, manhole frames and covers, water and gas meter sets, street light poles and mounting accessories, traffic sign posts with breakaway systems, bollards and related system components.