Rep. Gilbert Ray Cisneros, Jr. Sells Primoris Services Co. (NASDAQ:PRIM) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Primoris Services Co. (NASDAQ:PRIM). In a filing disclosed on December 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Primoris Services stock on November 24th. 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 Spotify Technology (NYSE:SPOT) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
• Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
• Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
• Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 11/20/2025.

Primoris Services Trading Up 2.5%

NASDAQ:PRIM traded up $3.12 on Friday, hitting $127.32. 179,402 shares of the stock were exchanged, compared to its average volume of 904,086. Primoris Services Co. has a fifty-two week low of $49.10 and a fifty-two week high of $146.16. The stock has a fifty day moving average of $129.97 and a 200-day moving average of $111.97. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.61. The stock has a market cap of $6.88 billion, a PE ratio of 42.23 and a beta of 1.37.

Primoris Services (NASDAQ:PRIM) last issued its quarterly earnings data on Monday, November 3rd. The construction company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.51. The company had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $1.83 billion. Primoris Services had a return on equity of 15.23% and a net margin of 2.68%.The firm’s quarterly revenue was up 32.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.22 earnings per share. Primoris Services has set its FY 2025 guidance at 5.350-5.550 EPS. As a group, equities analysts expect that Primoris Services Co. will post 3.26 earnings per share for the current fiscal year.

Primoris Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Wednesday, December 31st. Primoris Services’s dividend payout ratio (DPR) is 6.31%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on PRIM shares. Wells Fargo & Company began coverage on shares of Primoris Services in a report on Friday, November 14th. They issued an “equal weight” rating and a $138.00 price objective for the company. Mizuho set a $129.00 price objective on shares of Primoris Services in a research note on Tuesday, October 28th. Needham & Company LLC reissued a “buy” rating on shares of Primoris Services in a research note on Wednesday, November 5th. KeyCorp increased their target price on shares of Primoris Services from $154.00 to $159.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. Finally, Zacks Research cut shares of Primoris Services from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Primoris Services has a consensus rating of “Moderate Buy” and an average price target of $140.57.

Hedge Funds Weigh In On Primoris Services

Large investors have recently modified their holdings of the stock. Uncommon Cents Investing LLC raised its holdings in Primoris Services by 2.1% during the 3rd quarter. Uncommon Cents Investing LLC now owns 3,900 shares of the construction company’s stock worth $536,000 after purchasing an additional 80 shares during the last quarter. Assetmark Inc. raised its position in shares of Primoris Services by 9.7% during the 3rd quarter. Assetmark Inc. now owns 953 shares of the construction company’s stock valued at $131,000 after acquiring an additional 84 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of Primoris Services by 5.5% in the 3rd quarter. NewEdge Advisors LLC now owns 2,071 shares of the construction company’s stock valued at $284,000 after purchasing an additional 108 shares during the period. Ameritas Investment Partners Inc. boosted its position in shares of Primoris Services by 2.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,528 shares of the construction company’s stock worth $431,000 after purchasing an additional 121 shares during the last quarter. Finally, Oliver Luxxe Assets LLC boosted its holdings in Primoris Services by 0.4% during the third quarter. Oliver Luxxe Assets LLC now owns 32,308 shares of the construction company’s stock worth $4,437,000 after buying an additional 124 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Primoris Services news, Director John P. Schauerman sold 7,815 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $136.00, for a total value of $1,062,840.00. Following the sale, the director directly owned 74,466 shares in the company, valued at approximately $10,127,376. This trade represents a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Carla S. Mashinski sold 2,082 shares of the business’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $135.14, for a total transaction of $281,361.48. Following the completion of the transaction, the director directly owned 21,530 shares of the company’s stock, valued at $2,909,564.20. This trade represents a 8.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 26,888 shares of company stock worth $3,488,679 over the last three months. Company insiders own 1.40% 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.

Primoris Services Company Profile

Primoris Services Corporation, a specialty contractor company, provides a range of specialty construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. The company operates through Utilities and Energy/Renewables segments. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems.