New insider activity at Primoris Services ( (PRIM) ) has taken place on August 8, 2025.
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John Perisich, the Chief Legal and Administrative Officer of Primoris Services, has recently sold 15,695 shares of the company’s stock, amassing a total of $1,724,742 from the transaction.
Recent Updates on PRIM stock
Primoris Services has seen a series of price target increases from analysts following its strong Q2 2025 earnings report. DA Davidson, KeyBanc, and UBS all raised their price targets, citing the company’s earnings beat and raised guidance as key factors. Primoris reported a significant revenue increase of 20.9% year-over-year, driven by strong performance in its Energy and Utilities segments, particularly in renewables. The company also raised its full-year EPS and adjusted EPS guidance, reflecting confidence in continued growth. Analysts noted the company’s effective execution, strong bookings momentum, and favorable market positioning, particularly in renewables and natural gas generation, as reasons for the positive outlook. Despite some challenges in the Energy segment margins and the battery storage market, the overall sentiment remains optimistic, with Primoris well-positioned for future growth.
Spark’s Take on PRIM Stock
According to Spark, TipRanks’ AI Analyst, PRIM is a Outperform.
Primoris Services demonstrates robust financial performance with revenue growth and strong cash flow. Positive technical indicators support upward momentum. The earnings call reflects optimistic guidance, enhancing investor confidence. The valuation is modestly attractive, though high P/E suggests a premium pricing.
To see Spark’s full report on PRIM stock, click here.
More about Primoris Services
YTD Price Performance: 45.79%
Average Trading Volume: 939,526
Technical Sentiment Signal: Buy
Current Market Cap: $5.97B