Dustin DeMaria, Director at Centuri Holdings, Inc. (CTRI), bought 5,200 shares at $19.27 ($100K) on 2026-09-18, disclosed to the SEC on 2026-09-21.
Director Dustin DeMaria purchased $100,204 worth of shares at $19.27, marking the largest insider purchase in the company's history, which suggests confidence in the stock's recovery despite recent underperformance. This significant buy comes as the stock trades near its 52-week low and has dropped over 36% over the last 90 days.
CTRI is down 36.03% over the last 90 days and currently trades at $19.34, just 1.58% above its 52-week low of $19.04 and 54.96% below its 52-week high of $42.94.
1) Q2 2026 earnings on August 4, 2026, delivered a 20.00% earnings surprise and 18.88% revenue surprise, setting up the next print for potential momentum. 2) The company secured over $300 million in new commercial awards in June 2026, signaling continued demand for its infrastructure services. 3) The Fed delivered its first rate hike since 2023 in September 2026, and Centuri plans to invest $75-$90 million in 2026 to navigate the higher-rate backdrop.
The stock has underperformed significantly over the last 90 days (-36.03%), and the company faces economic headwinds including high fuel prices, as noted in the recent hiring of a new CFO.
Something here stands out, but not much.