Gilbert Cisneros Sells PRIM Shares in Recent Transaction
Gilbert Cisneros disclosed selling PRIM shares valued between $1,001 and $15,000.
Key Points
- Gilbert Cisneros, a member of the House, sold PRIM shares valued between $1,001 and $15,000 on May 8, 2026.
- PRIM stock is trading near $94.5 with a 52-week range and moving averages not disclosed.
- Analysts from UBS and Mizuho recently maintained buy ratings with price targets of $186 and $135 respectively.
Gilbert Cisneros vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
On May 8, 2026, Gilbert Cisneros, a member of the House, sold shares of PRIM valued between $1,001 and $15,000. This transaction was reported on June 9, 2026, under the STOCK Act, which requires timely disclosure of trades by U.S. politicians.
Other Institutional Activity in PRIM
BlackRock, Inc. increased its holdings in PRIM by 44,535 shares, reaching a total of 8,340,660 shares valued at about $1.19 billion. Vanguard Portfolio Management LLC added 3,653,916 shares, now holding the same number of shares worth approximately $522.7 million. Fuller & Thaler Asset Management, Inc. reduced its position by 71,347 shares, bringing its total to 2,966,901 shares valued at roughly $424.4 million. First Trust Advisors LP significantly increased its stake by 928,155 shares, now holding 2,886,163 shares worth around $412.8 million.
PRIM Stock Snapshot
Shares of PRIM are currently trading near $94.5. Unfortunately, detailed financial metrics such as the market cap, P/E ratio, beta, and 52-week range are not disclosed in the available data. This makes it difficult to provide a complete snapshot of PRIM's stock performance.
Insider Buying and Selling at Primoris Services Corporation
Several insider transactions were reported recently. On May 27, 2026, President & CEO Vadlamudi Koti bought 7,815 shares at an average price of $127.96. On May 28, 2026, Chief Legal and Admin Officer John Perisich sold 29,707 shares at an average price of $127.86. Additionally, on May 26, 2026, David Lee King sold 20,000 shares at $119.09.
Analysts Set New Price Targets
On May 19, 2026, Cantor Fitzgerald maintained a hold rating for PRIM with a price target of $124. UBS maintained its buy rating with a target of $186 on May 11, 2026. Mizuho upgraded its rating to buy with a target of $135 on the same day. The analyst consensus indicates a mixed outlook with a variety of ratings and price targets.
Bottom Line
Gilbert Cisneros's sale of PRIM shares is one of many transactions in the stock, reflecting ongoing interest from both institutional investors and insiders. PRIM's stock remains in the spotlight, with recent analyst ratings providing varied perspectives on its potential. As always, it's important to remember that these disclosures are backward-looking and may not reflect the current position of the investors involved.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.