Rep. Gilbert Ray Cisneros, Jr. Sells 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 Stock Performance

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

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on STRL shares. KeyCorp upped their price target on Sterling Infrastructure from $889.00 to $922.00 and gave the company an “overweight” rating in a report on Tuesday, June 2nd. Zacks Research raised Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 1st. Wall Street Zen cut shares of Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Argus initiated coverage on shares of Sterling Infrastructure in a report on Thursday, April 16th. They set a “buy” rating and a $510.00 price target on the stock. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Sterling Infrastructure in a research note on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $720.67.

Insider Buying and Selling

In other news, CEO Joseph A. Cutillo sold 50,000 shares of the stock in a transaction on 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 completion of the sale, the chief executive officer directly owned 290,593 shares of the company’s stock, valued at $144,590,359.01. This represents a 14.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at 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 firm’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $888.00, for a total transaction of $2,220,000.00. Following the sale, the general counsel owned 28,137 shares in the company, valued at $24,985,656. The trade was a 8.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Sterling Infrastructure

Several institutional investors have recently made changes to their positions in STRL. Northwestern Mutual Investment Management Company LLC purchased a new stake in shares of Sterling Infrastructure in the 4th quarter worth $2,105,000. Truist Financial Corp grew its stake in shares of Sterling Infrastructure by 30.8% during the 4th quarter. Truist Financial Corp now owns 5,005 shares of the construction company’s stock valued at $1,533,000 after acquiring an additional 1,179 shares during the period. Prevail Innovative Wealth Advisors LLC grew its stake in shares of Sterling Infrastructure by 109.5% during the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 15,581 shares of the construction company’s stock valued at $4,771,000 after acquiring an additional 8,145 shares during the period. Harbor Capital Advisors Inc. increased its holdings in Sterling Infrastructure by 6,893.6% in the 4th quarter. Harbor Capital Advisors Inc. now owns 3,287 shares of the construction company’s stock worth $1,007,000 after acquiring an additional 3,240 shares in the last quarter. Finally, Allworth Financial LP increased its holdings in Sterling Infrastructure by 1,307.9% in the 3rd quarter. Allworth Financial LP now owns 7,631 shares of the construction company’s stock worth $2,592,000 after acquiring an additional 7,089 shares in the last quarter. Institutional investors own 80.95% of the company’s stock.

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.

Sterling Infrastructure Company Profile

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.