PRIM Primoris Services Corporation

Primoris (PRIM) shares have surged 64.3% in the last six months due to strong quarterly results, outperforming the market. The company exhibits a robust sales pipeline with an $11.06 billion backlog, outstanding long-term EPS growth of 22.8% annually, and an expanding free cash flow margin of 6.6%. These factors suggest Primoris is a profitable and predictable investment.

Swedbank AB has acquired a new position in Primoris Services Co. (NASDAQ:PRIM), purchasing 200,000 shares valued at approximately $27.47 million, representing about 0.37% ownership. This comes as Primoris beat quarterly earnings expectations, reporting an EPS of $1.88 against an estimated $1.37 and revenue of $2.18 billion, a 32.1% year-over-year increase. The construction company also announced a quarterly dividend of $0.08 per share and maintains a "Moderate Buy" consensus rating with a target price of $140.57, despite recent insider share sales.

Primoris Services Corporation (NYSE: PRIM) has been added to the S&P 1000 index, which could increase its visibility among institutional investors and index-tracking funds, potentially affecting its trading activity and liquidity. While the index inclusion offers modest liquidity support, Primoris's investment narrative remains heavily reliant on securing contracts for data center, power delivery, and renewable infrastructure. Investors should consider the company's exposure to winning high-quality data center and utility-scale renewable projects, particularly given its raised Q3 2025 net income guidance.

Primoris Services Co. (NASDAQ:PRIM) has received a "Moderate Buy" consensus rating from analysts, with an average 12-month price target of $140.57. The company recently reported better-than-expected quarterly earnings and revenue, and announced a quarterly dividend. Insider selling and institutional ownership activity were also noted in the report.

An independent director at Primoris Services (NYSE:PRIM) recently sold US$1.1m worth of stock, reducing their holding by 9.0%. Over the last year, insiders have sold more stock than they've bought, with a significant sale by Thomas McCormick. While the company is profitable, the insider selling trend suggests caution for potential investors.

John P. Schauerman, a director at Primoris Services Corp (NASDAQ:PRIM), sold 7,815 shares of the company's common stock for over $1 million. This transaction adjusted his direct and indirect holdings in the company. The sale follows a period where Primoris had positive analyst updates, including price target raises from Jefferies and KeyBanc for strong third-quarter results, but also faced downgrades from JPMorgan and Goldman Sachs due to growth concerns.