PRIM Primoris Services Corporation

bearish track record → $157.86 -4.66 (-2.9%)
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Mkt Cap $9B P/E 32.1 fwd 24.4 52wk $53.13 - $174.43 Earnings 2026-05-04 45d ago
Insider selling: $25,470,214 sold by 14 insiders (30d)
Factor divergence: DIVERGENCE: analyst_revisions bullish vs options_sentiment bearish
Est. revisions: +0.5% (1 up, 0 down in 30d)
Backed by structured data (insider trades, analyst ratings, or filings)
Factor Model (net +1.2)

Factor Model

net +1.2 3.0 / 10
Est. Revisions
+0.0
Insider Activity
+0.0
Momentum
+0.0
Analyst Rev.
+1.0
Narrative Gap
+0.0

Insiders dump stock as BlackRock loads up

Watch: Monitor whether insider selling accelerates or reverses over the next 60 days; sustained executive exits would suggest deeper hesitation beyond market volatility. Also track BlackRock's next quarterly filing to confirm whether the position continues to grow or if the February dip triggered rebalancing.

PRIM dropped 10% on February 24, 2026 on $30.3 million in trading volume. Inside the stock, executives are bailing — six insider sales totaling $3.2 million in the past six months versus only two purchases. CEO David Lee King sold $455,000 worth; COO Jeremy Kinch sold $372,700. However, institutional money tells a different story. BlackRock bought 3.55 million shares (+74.8%) for $440.9 million in Q4 2025, while UBS AM exited a 407,633-share position (-75.3%) worth $50.6 million.

Heavy insider selling combined with a stock drop suggests management may lack confidence in near-term upside, yet BlackRock's aggressive accumulation signals institutional conviction in the long-term thesis. This mismatch — insiders fleeing while a mega-cap investor deepens exposure — warrants scrutiny on timing and execution risk versus structural opportunity.

Evidence

Fundamentals & Data ▾
Primoris Services Corporation Industrials · Engineering & Construction
Mkt Cap
$9B
P/E
32.1 fwd 24.4
Beta
1.39
Div Yield
20.00%
52w Range
$53.13 - $174.43
Short Interest
3.1M 7.9%
Days to Cover
3.8 +13%
Technicals downtrend
from 52w Hi
-5.0%
1w return
-3.6%
Insiders
selling 2B / 5S
EPS Estimate
$0.86 +0.5% 30d 1up / 0dn
Est. Dispersion
43% 11 analysts
Analyst Target
$175 $139 - $205
Options P/C
1.78
Insider Cluster
strong sell 1B / 9S
Fund Convergence
strong D.E. Shaw, Citadel, Bridgewater, Two Sigma
Financials
Revenue
$1.9B +7% YoY
FCF
$121M
Gross Margin
9%
Op Margin
4%
Momentum: decelerating
Top Holders
D.E. Shaw $217M
Citadel $21M
Bridgewater $13M
Two Sigma $1M
Recent Filings & Data
insider trade 124
net selling · $25,470,214 sold · $3,261 bought
14 insiders · 124 transactions (30d)
Recent transactions
KINCH JEREMY · other
KINCH JEREMY · other
KING DAVID LEE · other
PERISICH JOHN M · award
PERISICH JOHN M · other
KINCH JEREMY · award
KINCH JEREMY · other
DODGEN KENNETH MORRIS · award
DODGEN KENNETH MORRIS · other
STRICKER TRAVIS L · award
STRICKER TRAVIS L · other
SCHAUERMAN JOHN P · award
WAGNER PATRICIA K · award
RODRIGUEZ JOSE RAMON · award
CHING MICHAEL E. · award
SALUJA HARPREET · award
KING DAVID LEE · award
MCCALLISTER TERRY DWIGHT · award
MASHINSKI CARLA S · award
STRICKER TRAVIS L · other
MCCALLISTER TERRY DWIGHT · buy · $1,643
SCHAUERMAN JOHN P · sell · $1,062,840
MASHINSKI CARLA S · sell · $281,362
KING DAVID LEE · sell · $455,000
WAGNER PATRICIA K · sell · $1,689,455
SCHAUERMAN JOHN P · award
WAGNER PATRICIA K · award
WAGNER PATRICIA K · other
RODRIGUEZ JOSE RAMON · award
CHING MICHAEL E. · award
SALUJA HARPREET · award
MCCALLISTER TERRY DWIGHT · award
MASHINSKI CARLA S · award
MCCALLISTER TERRY DWIGHT · buy · $1,618
KINCH JEREMY · sell · $372,744
CHING MICHAEL E. · sell · $351,877
SCHAUERMAN JOHN P · sell · $2,280,162
PERISICH JOHN M · sell · $1,294,342
STRICKER TRAVIS L · sell · $516,534
PERISICH JOHN M · sell · $1,724,825
SCHAUERMAN JOHN P · award
WAGNER PATRICIA K · award
RODRIGUEZ JOSE RAMON · award
CHING MICHAEL E. · award
SALUJA HARPREET · award
MCCALLISTER TERRY DWIGHT · award
MASHINSKI CARLA S · award
SCHAUERMAN JOHN P · sell · $1,160,618
WAGNER PATRICIA K · other
SCHAUERMAN JOHN P · award
WAGNER PATRICIA K · award
RODRIGUEZ JOSE RAMON · award
CHING MICHAEL E. · award
KING DAVID LEE · award
MCCALLISTER TERRY DWIGHT · award
MASHINSKI CARLA S · award
COOK STEPHEN C · award
MCCORMICK THOMAS EDWARD · sell · $3,935,120
KINCH JEREMY · sell · $307,080
COOK STEPHEN C · sell · $67,864
PERISICH JOHN M · award
PERISICH JOHN M · other
KINCH JEREMY · award
KINCH JEREMY · other
MCCORMICK THOMAS EDWARD · award
MCCORMICK THOMAS EDWARD · other
DODGEN KENNETH MORRIS · award
DODGEN KENNETH MORRIS · other
STRICKER TRAVIS L · award
STRICKER TRAVIS L · other
SCHAUERMAN JOHN P · award
WAGNER PATRICIA K · award
RODRIGUEZ JOSE RAMON · award
CHING MICHAEL E. · award
KING DAVID LEE · award
MCCALLISTER TERRY DWIGHT · award
MASHINSKI CARLA S · award
COOK STEPHEN C · award
STRICKER TRAVIS L · other
WAGNER PATRICIA K · other
STRICKER TRAVIS L · sell · $368,957
STRICKER TRAVIS L · other
KING DAVID LEE · sell · $167,961
COOK STEPHEN C · sell · $315,548
MCCORMICK THOMAS EDWARD · sell · $1,219,156
SCHAUERMAN JOHN P · sell · $1,597,376
KING DAVID LEE · sell · $152,277
SCHAUERMAN JOHN P · award
WAGNER PATRICIA K · award
RODRIGUEZ JOSE RAMON · award
CHING MICHAEL E. · award
KING DAVID LEE · award
MCCALLISTER TERRY DWIGHT · award
MASHINSKI CARLA S · award
COOK STEPHEN C · award
SCHAUERMAN JOHN P · sell · $1,481,332
PERISICH JOHN M · sell · $242,958
SCHAUERMAN JOHN P · sell · $1,351,212
SCHAUERMAN JOHN P · award
WAGNER PATRICIA K · award
RODRIGUEZ JOSE RAMON · award
CHING MICHAEL E. · award
KING DAVID LEE · award
MCCALLISTER TERRY DWIGHT · award
MASHINSKI CARLA S · award
COOK STEPHEN C · award
PERISICH JOHN M · other
MCCORMICK THOMAS EDWARD · other
DODGEN KENNETH MORRIS · other
STRICKER TRAVIS L · other
KING DAVID LEE · sell · $132,150
MASHINSKI CARLA S · sell · $209,371
SCHAUERMAN JOHN P · sell · $795,106
SCHAUERMAN JOHN P · sell · $778,857
PERISICH JOHN M · sell · $663,461
MCCORMICK THOMAS EDWARD · sell · $494,669
SCHAUERMAN JOHN P · award
WAGNER PATRICIA K · award
RODRIGUEZ JOSE RAMON · award
CHING MICHAEL E. · award
KING DAVID LEE · award
MCCALLISTER TERRY DWIGHT · award
MASHINSKI CARLA S · award
COOK STEPHEN C · award
6 signals · latest 6d ago

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