MasTec (NYSE:MTZ) Shares Unloaded Sen. Markwayne Mullin

Senator Markwayne Mullin (R-Oklahoma) recently sold shares of MasTec, Inc. (NYSE:MTZ). In a filing disclosed on January 13th, the Senator disclosed that they had sold between $15,001 and $50,000 in MasTec stock on December 18th.

Senator Markwayne Mullin also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of Applied Industrial Technologies (NYSE:AIT) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Primo Brands (NYSE:PRMB) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of Dell Technologies (NYSE:DELL) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Stride (NYSE:LRN) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 12/18/2025.
• Sold $15,001 – $50,000 in shares of Iron Mountain (NYSE:IRM) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Iron Mountain (NYSE:IRM) on 12/18/2025.
• Sold $1,001 – $15,000 in shares of Primo Brands (NYSE:PRMB) on 12/17/2025.

MasTec Stock Up 4.3%

Shares of MTZ stock traded up $9.82 during trading hours on Thursday, reaching $235.82. 994,224 shares of the stock were exchanged, compared to its average volume of 1,148,932. The business’s fifty day moving average is $215.19 and its two-hundred day moving average is $198.67. The firm has a market capitalization of $18.61 billion, a P/E ratio of 56.01 and a beta of 1.91. MasTec, Inc. has a 12-month low of $99.70 and a 12-month high of $239.82. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.33 and a quick ratio of 1.30.

Insider Buying and Selling at MasTec

In other news, CAO Timothy Michael Love sold 1,929 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $206.15, for a total value of $397,663.35. Following the transaction, the chief accounting officer owned 9,757 shares of the company’s stock, valued at approximately $2,011,405.55. The trade was a 16.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 21.30% of the company’s stock.

Wall Street Analysts Forecast Growth

MTZ has been the topic of a number of analyst reports. Citigroup raised their price objective on shares of MasTec from $219.00 to $248.00 and gave the company a “buy” rating in a report on Friday, October 3rd. Wall Street Zen lowered MasTec from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 19th. Roth Capital lifted their price target on MasTec from $210.00 to $250.00 and gave the stock a “buy” rating in a report on Wednesday, September 24th. Truist Financial increased their price objective on MasTec from $253.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, December 18th. Finally, KeyCorp reissued an “overweight” rating and set a $264.00 target price on shares of MasTec in a research report on Wednesday, January 7th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, MasTec currently has a consensus rating of “Buy” and a consensus price target of $233.06.

Institutional Trading of MasTec

Several institutional investors and hedge funds have recently bought and sold shares of MTZ. Salomon & Ludwin LLC increased its stake in MasTec by 344.4% in the third quarter. Salomon & Ludwin LLC now owns 120 shares of the construction company’s stock valued at $26,000 after purchasing an additional 93 shares during the period. Caldwell Trust Co purchased a new position in shares of MasTec during the second quarter worth about $29,000. Parkside Financial Bank & Trust increased its position in MasTec by 253.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 191 shares of the construction company’s stock valued at $33,000 after acquiring an additional 137 shares during the period. Ameritas Advisory Services LLC purchased a new stake in MasTec during the 2nd quarter valued at approximately $35,000. Finally, Evelyn Partners Asset Management Ltd acquired a new stake in MasTec during the 2nd quarter worth approximately $43,000. Hedge funds and other institutional investors own 78.10% of the company’s stock.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

MasTec Company Profile

MasTec, Inc is a diversified infrastructure construction company that provides engineering, fabrication, installation and maintenance services across a broad range of end markets. Its principal activities encompass the development of communications networks, oil and gas pipeline systems, electrical transmission and distribution facilities, industrial installations and renewable energy projects.

The company traces its roots to a small cable installation operation in Miami and has grown through a series of strategic acquisitions to become one of the largest infrastructure contractors in North America.