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 September 10th, the Representative disclosed that they had sold between $15,001 and $50,000 in Sterling Infrastructure stock on August 7th. 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):

  • Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
  • Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
  • Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
  • Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
  • Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
  • Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
  • Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
  • Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
  • Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
  • Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

Sterling Infrastructure Trading Up 5.4%

NASDAQ:STRL opened at $511.04 on Friday. The company has a market capitalization of $15.63 billion, a P/E ratio of 36.85, a P/E/G ratio of 1.78 and a beta of 1.85. The stock’s 50 day moving average price is $570.53 and its 200 day moving average price is $605.13. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.11 and a current ratio of 1.11. Sterling Infrastructure, Inc. has a 52 week low of $281.58 and a 52 week high of $1,005.68.

Sterling Infrastructure (NASDAQ:STRLGet Free Report) last posted its earnings results on Monday, August 3rd. The construction company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.01 by $0.79. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $969.22 million. The firm’s revenue for the quarter was up 90.4% compared to the same quarter last year. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS. On average, research analysts forecast that Sterling Infrastructure, Inc. will post 19.14 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Engle Capital Management L.P. increased its stake in Sterling Infrastructure by 156.5% in the first quarter. Engle Capital Management L.P. now owns 26,500 shares of the construction company’s stock valued at $10,793,000 after acquiring an additional 16,167 shares during the period. Equitable Holdings Inc. bought a new position in Sterling Infrastructure during the second quarter worth about $5,012,000. Jupiter Topco LLC acquired a new stake in Sterling Infrastructure during the second quarter valued at approximately $395,056,000. Deutsche Bank AG acquired a new stake in Sterling Infrastructure during the second quarter valued at approximately $18,337,000. Finally, Northwestern Mutual Investment Management Company LLC bought a new stake in shares of Sterling Infrastructure in the 4th quarter valued at approximately $2,105,000. 80.95% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on STRL. Oppenheimer started coverage on Sterling Infrastructure in a report on Thursday, May 28th. They set an “outperform” rating and a $950.00 target price on the stock. Cantor Fitzgerald decreased their target price on Sterling Infrastructure from $956.00 to $742.00 and set an “overweight” rating for the company in a research report on Wednesday, August 5th. DA Davidson initiated coverage on Sterling Infrastructure in a report on Friday, August 21st. They set a “buy” rating and a $700.00 price target on the stock. KeyCorp dropped their price target on shares of Sterling Infrastructure from $922.00 to $754.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 5th. Finally, Zacks Research cut shares of Sterling Infrastructure from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sterling Infrastructure has an average rating of “Moderate Buy” and an average target price of $690.33.

Get Our Latest Stock Report on Sterling Infrastructure

Insider Activity at Sterling Infrastructure

In related news, General Counsel Mark Wolf sold 2,500 shares of the business’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 sale, the general counsel owned 28,137 shares of the company’s stock, valued at $24,985,656. The trade was a 8.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.60% of the stock is owned by company insiders.

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

(Get Free Report)

Sterling Infrastructure, Inc provides infrastructure, engineering and construction services across the United States. The company serves public and private-sector customers through three primary business segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions.

Its E-Infrastructure Solutions segment develops and builds large-scale infrastructure for data centers, advanced manufacturing facilities, energy and communications projects, and other complex industrial sites.

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