Sen. Markwayne Mullin Sells MasTec, Inc. (NYSE:MTZ) Stock

Senator Markwayne Mullin (R-Oklahoma) recently sold shares of MasTec, Inc. (NYSE:MTZ). In a filing disclosed on January 13th, the Senator disclosed that they had sold between $15,001 and $50,000 in MasTec stock on December 18th.

Senator Markwayne Mullin also recently made the following trade(s):

  • Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 12/18/2025.
  • Sold $15,001 – $50,000 in shares of Applied Industrial Technologies (NYSE:AIT) on 12/18/2025.
  • Sold $1,001 – $15,000 in shares of Primo Brands (NYSE:PRMB) on 12/18/2025.
  • Sold $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 12/18/2025.
  • Sold $15,001 – $50,000 in shares of Dell Technologies (NYSE:DELL) on 12/18/2025.
  • Sold $1,001 – $15,000 in shares of Stride (NYSE:LRN) on 12/18/2025.
  • Sold $15,001 – $50,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 12/18/2025.
  • Sold $15,001 – $50,000 in shares of Iron Mountain (NYSE:IRM) on 12/18/2025.
  • Sold $1,001 – $15,000 in shares of Iron Mountain (NYSE:IRM) on 12/18/2025.
  • Sold $1,001 – $15,000 in shares of Primo Brands (NYSE:PRMB) on 12/17/2025.

MasTec Trading Up 4.3%

Shares of MasTec stock traded up $9.82 during trading hours on Thursday, hitting $235.82. The company’s stock had a trading volume of 994,224 shares, compared to its average volume of 765,540. MasTec, Inc. has a twelve month low of $99.70 and a twelve month high of $239.82. The firm has a fifty day moving average of $215.19 and a 200-day moving average of $198.67. The stock has a market cap of $18.61 billion, a price-to-earnings ratio of 56.01 and a beta of 1.91. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.30 and a current ratio of 1.33.

Institutional Trading of MasTec

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in MasTec by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 6,007,192 shares of the construction company’s stock valued at $1,278,391,000 after buying an additional 34,899 shares during the last quarter. Invesco Ltd. grew its holdings in shares of MasTec by 6.1% during the 2nd quarter. Invesco Ltd. now owns 1,765,049 shares of the construction company’s stock worth $300,817,000 after purchasing an additional 102,072 shares during the period. Hood River Capital Management LLC lifted its position in MasTec by 8.9% during the second quarter. Hood River Capital Management LLC now owns 1,692,656 shares of the construction company’s stock valued at $288,479,000 after buying an additional 138,269 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of MasTec by 11.3% during the 2nd quarter. AQR Capital Management LLC now owns 1,072,253 shares of the construction company’s stock valued at $181,961,000 after acquiring an additional 108,504 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of MasTec by 52.1% during the third quarter. First Trust Advisors LP now owns 1,022,175 shares of the construction company’s stock worth $217,529,000 after purchasing an additional 350,228 shares in the last quarter. 78.10% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at MasTec

In other MasTec news, CAO Timothy Michael Love sold 1,929 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $206.15, for a total value of $397,663.35. Following the completion of the transaction, the chief accounting officer directly owned 9,757 shares of the company’s stock, valued at $2,011,405.55. This represents a 16.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 21.30% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on MTZ. JPMorgan Chase & Co. boosted their price target on shares of MasTec from $214.00 to $235.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Wolfe Research upgraded shares of MasTec from a “peer perform” rating to an “outperform” rating and set a $227.00 target price for the company in a report on Wednesday, September 17th. UBS Group upped their price target on MasTec from $206.00 to $252.00 and gave the stock a “buy” rating in a research note on Wednesday, October 1st. Citigroup raised their price target on MasTec from $219.00 to $248.00 and gave the stock a “buy” rating in a research report on Friday, October 3rd. Finally, Jefferies Financial Group boosted their price objective on MasTec from $218.00 to $252.00 and gave the company a “buy” rating in a report on Wednesday, October 1st. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $233.06.

View Our Latest Report on MasTec

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

MasTec Company Profile

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MasTec, Inc is a diversified infrastructure construction company that provides engineering, fabrication, installation and maintenance services across a broad range of end markets. Its principal activities encompass the development of communications networks, oil and gas pipeline systems, electrical transmission and distribution facilities, industrial installations and renewable energy projects.

The company traces its roots to a small cable installation operation in Miami and has grown through a series of strategic acquisitions to become one of the largest infrastructure contractors in North America.

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