Rep. Gilbert Ray Cisneros, Jr. Unloads Shares of Sterling Infrastructure, Inc. (NASDAQ:STRL)

Key Points

• Rep. Gilbert Ray Cisneros Jr. sold between $15,001 and $50,000 of Sterling Infrastructure shares on August 7 from a Bank of America trust account.
• Sterling Infrastructure reported quarterly EPS of $5.80, beating estimates by $0.79, while revenue rose 90.4% year over year to $1.17 billion. The company issued fiscal 2026 EPS guidance of $19.70–$20.30.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and a $690.33 target price, although some firms recently downgraded the stock or cut their targets.

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 Stock Performance

Shares of NASDAQ STRL opened at $511.04 on Friday. Sterling Infrastructure, Inc. has a 12-month low of $281.58 and a 12-month high of $1,005.68. The firm has a market capitalization of $15.63 billion, a price-to-earnings ratio of 36.85, a price-to-earnings-growth ratio of 1.69 and a beta of 1.85. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.19. The firm has a 50 day moving average of $570.53 and a 200 day moving average of $605.13.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The construction company reported $5.80 EPS for the quarter, topping the consensus estimate of $5.01 by $0.79. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $969.22 million. Sterling Infrastructure had a return on equity of 40.12% and a net margin of 12.55%.The company'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 anticipate that Sterling Infrastructure, Inc. will post 19.14 earnings per share for the current year.

Insider Activity at Sterling Infrastructure

In other Sterling Infrastructure news, General Counsel Mark Wolf sold 2,500 shares of Sterling Infrastructure 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 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 document filed with the SEC, which is available through this hyperlink. Insiders own 1.60% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Weiss Ratings downgraded Sterling Infrastructure from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday. Oppenheimer started coverage on Sterling Infrastructure in a research note on Thursday, May 28th. They set an "outperform" rating and a $950.00 price target for the company. DA Davidson started coverage on Sterling Infrastructure in a research report on Friday, August 21st. They issued a "buy" rating and a $700.00 price objective on the stock. Zacks Research lowered Sterling Infrastructure from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 7th. Finally, KeyCorp decreased their price target on shares of Sterling Infrastructure from $922.00 to $754.00 and set an "overweight" rating for the company in a research note on Wednesday, August 5th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Sterling Infrastructure has a consensus rating of "Moderate Buy" and a consensus target price of $690.33.

Hedge Funds Weigh In On Sterling Infrastructure

Institutional investors and hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System raised its position in shares of Sterling Infrastructure by 81,481.8% during the 2nd quarter. California State Teachers Retirement System now owns 29,173,636 shares of the construction company's stock worth $24,487,183,000 after purchasing an additional 29,137,876 shares during the last quarter. BlackRock Inc. purchased a new stake in Sterling Infrastructure during the 2nd quarter worth approximately $2,713,946,000. Jupiter Topco LLC acquired a new position in shares of Sterling Infrastructure during the second quarter valued at approximately $395,056,000. State Street Corp raised its holdings in shares of Sterling Infrastructure by 62.0% during the second quarter. State Street Corp now owns 1,131,751 shares of the construction company's stock valued at $261,129,000 after acquiring an additional 433,311 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of Sterling Infrastructure by 29.8% in the third quarter. Invesco Ltd. now owns 955,387 shares of the construction company's stock valued at $324,526,000 after acquiring an additional 219,477 shares in the last quarter. 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 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.