Centuri Holdings Director Buys Over 5,000 Shares Near Stock's One-Year Low
Dustin Demaria, a director of Centuri Holdings (CTRI), purchased 5,200 shares on September 18 at $19.27 per share through an open market transaction. The purchase increased his direct stake from 7,736 to 12,936 shares and reflects confidence in the stock near its one-year low of $19.03. The company reported margin compression in Q2 due to rising fuel prices linked to U.S.-Iran tensions despite record revenue growth. The transaction value was approximately $100,204, with a post-transaction holding valued at around $250,311 based on the closing price of $19.35. Centuri Holdings operates in utility infrastructure services and has a market cap of $2 billion. Demaria's purchase is seen as bullish by investors, suggesting he views the current stock valuation as attractive.
Tickers: $CTRI