Institutionals Holders Overview For Sterling Construction Company, Inc. (STRL)

Sterling Construction Company, Inc. (NASDAQ:STRL) is at least 130.45% than its current record low price of $7.75. There was a 5.62% gain on 12/06/2017 that led the price to move at $17.86. At recent session, the prices were hovering between $16.76 and $17.98. This company shares are 17.58% off its target price of $21 and the current market capitalization stands at $482.93M. The recent change has given its price a 10.64% lead over SMA 50 and -5.12% deficit over its 52-week high. The stock witnessed 1.59% gains, 34.79% gains and 76.66% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found STRL’s volatility during a week at 4.2% and during a month it has been found around 3.51%.

Sterling Construction Company, Inc. (STRL) Top Holders

Institutional investors currently hold around $331 million or 74.1% in STRL stock. Look at its top three institutional owners. Blackrock Inc. owns $30.74 million in Sterling Construction Company, Inc., which represents roughly 6.36% of the company’s market cap and approximately 9.29% of the institutional ownership. Similar statistics are true for the second largest owner, Renaissance Technologies Llc, which owns 1,641,500 shares of the stock are valued at $27.76 million. The third largest holder is Dimensional Fund Advisors Lp, which currently holds $26.27 million worth of this stock and that ownership represents nearly 5.44% of its market capitalization.

Sterling Construction Company, Inc. 13F Filings

At the end of 09/30/2017 reporting period, 59 institutional holders increased their position in Sterling Construction Company, Inc. (NASDAQ:STRL) by some 3,294,642 shares, 64 decreased positions by 5,142,661 and 10 held positions by 11,165,023. That puts total institutional holdings at 19,602,326 shares, according to SEC filings. The stock grabbed 24 new institutional investments totaling 1,402,809 shares while 26 institutional investors sold out their entire positions totaling 1,826,343 shares.

Sterling Construction Company, Inc. (NASDAQ:STRL) Insider Trades

Multiple company employees have indulged in significant insider trading. Sterling Construction Company, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP & Chief Operating Office Wadsworth Con L has acquired 19,000 shares of Sterling Construction Company, Inc. (STRL) in trading session dated Jun. 22, 2017. These shares are worth $210,520 and were traded at $11.08 each. The SEC filing shows that Scott Milton L performed a sale of 15,000 shares. The Director disposed these shares by way of transaction on Jun. 20, 2017. The company’s shares were given away at $10.63 per share worth to an income of some $159,450 on account of Scott Milton L.

CEO, Varello Paul J, purchased 125,000 common shares of Sterling Construction Company, Inc. (STRL) in the open market. In a transaction dated May. 04, 2016, the shares were bought at an average price of $4, giving away a sum of $500,000. After this purchase, 737,203 common shares of STRL are directly owned by the insider, with total stake valued at $13,166,446.

In the transaction dated May. 14, 2014, the great number of shares acquired came courtesy the President & CEO; Mackenna Peter E added a total of 3,860 shares at an average price of $8.99, amounting to approximately $34,701. The insider now directly owns 203,933 shares worth $3,642,243.

Sterling Construction Company, Inc. (STRL) Analyst Guide

Several analysts have released their opinion on Sterling Construction Company, Inc. (NASDAQ:STRL), with 2 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.67 average brokerage recommendation.

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