Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Primoris Services Co. (NASDAQ:PRIM). In a filing disclosed on January 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Primoris Services stock on December 11th. 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 Xiaomi (OTCMKTS:XIACF) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Schneider Electric S.E. (OTCMKTS:SBGSF) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 12/30/2025.
- Purchased $50,001 – $100,000 in shares of Campbell’s (NASDAQ:CPB) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 12/30/2025.
- Sold $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 12/26/2025.
- Sold $1,001 – $15,000 in shares of Bloom Energy (NYSE:BE) on 12/24/2025.
- Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 12/24/2025.
- Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 12/24/2025.
- Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 12/24/2025.
Primoris Services Stock Up 7.0%
Shares of NASDAQ:PRIM traded up $9.66 during midday trading on Thursday, reaching $147.44. The company had a trading volume of 1,132,443 shares, compared to its average volume of 751,721. The stock has a market capitalization of $7.97 billion, a P/E ratio of 48.82 and a beta of 1.36. The stock’s fifty day moving average price is $126.66 and its 200-day moving average price is $119.43. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.38 and a quick ratio of 1.38. Primoris Services Co. has a one year low of $49.10 and a one year high of $147.59.
Primoris Services Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, December 31st. Primoris Services’s payout ratio is 6.31%.
Insiders Place Their Bets
In related news, Director John P. Schauerman sold 7,815 shares of Primoris Services stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $136.00, for a total transaction of $1,062,840.00. Following the sale, the director directly owned 74,466 shares in the company, valued at $10,127,376. The trade was a 9.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Carla S. Mashinski sold 2,082 shares of the firm’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $135.14, for a total transaction of $281,361.48. Following the transaction, the director directly owned 21,530 shares in the company, valued at approximately $2,909,564.20. The trade was a 8.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 26,888 shares of company stock valued at $3,488,679 over the last three months. 1.40% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Several analysts recently weighed in on PRIM shares. Roth Capital initiated coverage on Primoris Services in a report on Thursday, October 9th. They issued a “buy” rating and a $170.00 price objective for the company. KeyCorp lifted their target price on Primoris Services from $154.00 to $159.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $143.00 price target (down from $145.00) on shares of Primoris Services in a research report on Monday, December 8th. Glj Research assumed coverage on Primoris Services in a research note on Monday, September 22nd. They set a “buy” rating and a $160.00 price objective on the stock. Finally, DA Davidson boosted their target price on shares of Primoris Services from $125.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Primoris Services has an average rating of “Moderate Buy” and a consensus target price of $142.71.
Get Our Latest Report on Primoris Services
Institutional Investors Weigh In On Primoris Services
Several large investors have recently made changes to their positions in PRIM. SBI Securities Co. Ltd. boosted its position in shares of Primoris Services by 224.2% during the third quarter. SBI Securities Co. Ltd. now owns 214 shares of the construction company’s stock worth $29,000 after buying an additional 148 shares during the period. Osterweis Capital Management Inc. acquired a new stake in Primoris Services in the 2nd quarter valued at approximately $34,000. Blue Bell Private Wealth Management LLC bought a new stake in Primoris Services during the 3rd quarter valued at $37,000. Cullen Frost Bankers Inc. bought a new stake in Primoris Services during the 3rd quarter valued at $37,000. Finally, Public Employees Retirement System of Ohio boosted its position in Primoris Services by 85.4% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 484 shares of the construction company’s stock worth $38,000 after acquiring an additional 223 shares during the period. Institutional investors and hedge funds own 91.82% 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 is a diversified infrastructure construction company that provides a wide range of specialty contracting services across North America. The company’s operations span pipe fabrication, pipeline construction, mechanical and electrical installations, civil and structural work, and maintenance services. Primoris serves clients in the energy, utility, transportation, water and wastewater, and industrial markets, delivering turnkey solutions from design and engineering through construction and operations support.
Within its two primary business segments—Pipeline & Facility and Civil & Utility—Primoris offers pipeline installation, compressor station construction, pump station projects, and above-ground facility work.
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