Rep. Gilbert Ray Cisneros, Jr. Sells Off 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 June 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Sterling Infrastructure stock on May 18th. 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 SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

Sterling Infrastructure Stock Performance

STRL traded down $71.76 during trading on Wednesday, reaching $770.25. 763,328 shares of the company were exchanged, compared to its average volume of 560,608. The stock has a market cap of $23.64 billion, a P/E ratio of 68.90, a PEG ratio of 3.30 and a beta of 1.82. The firm has a 50 day moving average of $657.09 and a 200 day moving average of $469.78. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.23. Sterling Infrastructure, Inc. has a 52 week low of $196.76 and a 52 week high of $1,005.68.

Sterling Infrastructure (NASDAQ:STRL) last issued its quarterly earnings data on Monday, May 4th. The construction company reported $3.59 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $1.30. The firm had revenue of $825.68 million during the quarter, compared to the consensus estimate of $603.58 million. Sterling Infrastructure had a return on equity of 35.64% and a net margin of 12.02%.During the same period in the prior year, the business earned $1.63 EPS. Sterling Infrastructure has set its FY 2026 guidance at 18.400-19.050 EPS. On average, sell-side analysts forecast that Sterling Infrastructure, Inc. will post 18.03 EPS for the current fiscal year.

Insider Transactions at Sterling Infrastructure

In other Sterling Infrastructure news, CEO Joseph A. Cutillo sold 50,000 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $497.57, for a total transaction 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 approximately $144,590,359.01. This represents a 14.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.60% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Wall Street Zen downgraded Sterling Infrastructure from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 31st. Cantor Fitzgerald increased their price target on Sterling Infrastructure from $482.00 to $956.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Oppenheimer initiated coverage on Sterling Infrastructure in a research note on Thursday, May 28th. They issued an “outperform” rating and a $950.00 price target for the company. Zacks Research raised Sterling Infrastructure from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 1st. Finally, Argus initiated coverage on Sterling Infrastructure in a research note on Thursday, April 16th. They issued a “buy” rating and a $510.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. According to data from MarketBeat.com, Sterling Infrastructure has a consensus rating of “Buy” and an average price target of $720.67.

Institutional Trading of Sterling Infrastructure

Several institutional investors have recently modified their holdings of the company. Parallel Advisors LLC lifted its holdings in shares of Sterling Infrastructure by 7.7% in the first quarter. Parallel Advisors LLC now owns 629 shares of the construction company’s stock valued at $256,000 after buying an additional 45 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Sterling Infrastructure by 40.7% in the first quarter. NewEdge Advisors LLC now owns 5,518 shares of the construction company’s stock valued at $2,247,000 after buying an additional 1,595 shares during the period. WNY Asset Management LLC acquired a new stake in shares of Sterling Infrastructure in the first quarter valued at $621,000. BankChampaign National Association acquired a new stake in shares of Sterling Infrastructure in the first quarter valued at $661,000. Finally, Norris Financial Group LLC purchased a new stake in shares of Sterling Infrastructure during the first quarter valued at $262,000. Institutional investors and hedge funds 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.

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.