New insider activity at Primoris Services ( (PRIM) ) has taken place on September 15, 2025.
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Director Michael E. Ching recently sold 2,935 shares of Primoris Services stock, amounting to a total transaction value of $351,877.
Recent Updates on PRIM stock
In the last 24 hours, Primoris Services has seen several price target adjustments by analysts, reflecting positive sentiment towards its growth prospects. Mizuho initiated coverage with a Neutral rating, citing the company’s potential to benefit from a grid and electrification super-cycle, driven by growth in data centers, grid modernization, and clean energy. KeyBanc raised its price target, highlighting the long-term growth potential in Primoris’ gas generation, renewable, and power delivery segments, following meetings with company executives. Guggenheim also increased its price target after updating its model based on strong Q2 results. These adjustments underscore a bullish outlook on Primoris’ future performance, despite the lack of immediate share catalysts.
Spark’s Take on PRIM Stock
According to Spark, TipRanks’ AI Analyst, PRIM is a Outperform.
Primoris Services is on a strong growth trajectory with robust financial performance and positive earnings guidance. While technical indicators suggest potential overbought conditions, the company’s solid backlog and improved financial metrics support a positive outlook. Valuation remains a concern with a relatively high P/E ratio.
To see Spark’s full report on PRIM stock, click here.
More about Primoris Services
YTD Price Performance: 60.19%
Average Trading Volume: 906,011
Technical Sentiment Signal: Buy
Current Market Cap: $6.59B