Sterling Construction Company Inc (NASDAQ:STRL) Director Milton L. Scott sold 15,000 shares of the company’s stock in a transaction on Tuesday, June 20th. The stock was sold at an average price of $10.63, for a total transaction of $159,450.00. Following the sale, the director now directly owns 45,307 shares of the company’s stock, valued at approximately $481,613.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Sterling Construction Company Inc (NASDAQ:STRL) traded up 3.10% during trading on Thursday, reaching $10.97. 25,779 shares of the company’s stock traded hands. Sterling Construction Company Inc has a 1-year low of $4.81 and a 1-year high of $11.30. The company has a 50 day moving average price of $10.48 and a 200 day moving average price of $9.39. The stock’s market capitalization is $295.94 million.

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Large investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. purchased a new stake in Sterling Construction Company during the fourth quarter valued at about $1,809,000. Oxford Asset Management boosted its position in Sterling Construction Company by 33.2% in the fourth quarter. Oxford Asset Management now owns 158,793 shares of the construction company’s stock valued at $1,343,000 after buying an additional 39,582 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Sterling Construction Company by 23.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,208,659 shares of the construction company’s stock valued at $10,225,000 after buying an additional 232,453 shares during the last quarter. FMR LLC boosted its position in Sterling Construction Company by 1.6% in the fourth quarter. FMR LLC now owns 2,426,584 shares of the construction company’s stock valued at $20,529,000 after buying an additional 37,913 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its position in Sterling Construction Company by 92.1% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 23,841 shares of the construction company’s stock valued at $202,000 after buying an additional 11,428 shares during the last quarter. 73.18% of the stock is currently owned by institutional investors and hedge funds.

STRL has been the subject of a number of analyst reports. Zacks Investment Research raised shares of Sterling Construction Company from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a report on Thursday, May 11th. Canaccord Genuity reaffirmed a “buy” rating and set a $12.00 target price on shares of Sterling Construction Company in a research note on Friday, April 28th.

Sterling Construction Company Company Profile

Sterling Construction Company, Inc is a heavy civil construction company engaged in the building and reconstruction of transportation and water infrastructure projects in Texas, Utah, Nevada, Arizona, California, Hawaii and other states. The Company’s transportation infrastructure projects include highways, roads, bridges, airfields, ports and light rail.

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