Everus Construction VP Sanderson sells $451,077 in company stock
In a recent insider sale, Paul R. Sanderson, the VP, CLO & Corporate Secretary of Everus Construction Group, Inc. (NASDAQ:ECG), sold 3,300 shares of the company's common stock on August 7, 2026. The sale, disclosed in a Form 4 filing with the Securities and Exchange Commission on August 11, 2026, amounted to approximately $451,077, with each share sold at $136.6901.
Following the transaction, Sanderson now holds 18,950 shares of Everus Construction Group common stock. Despite this sale, the stock price of ECG has since climbed to $141.04, marking an increase from the $137.50 close preceding the insider sale. Everus Construction Group has demonstrated strong performance, with an 86% return over the past year and a 64.8% gain year-to-date, according to InvestingPro data.
The platform currently rates the stock as overvalued relative to its Fair Value analysis. Everus Construction Group also reported impressive second-quarter earnings, significantly surpassing Wall Street estimates with adjusted earnings of $1.64 per share and a 34% increase in revenue to $1.23 billion. Following these results, Freedom Broker upgraded Everus's stock rating from Hold to Buy, citing accelerating organic growth and effective project execution, while raising its price target to $180 from $157.
Guggenheim also maintained its Buy rating, increasing its price target to $184 from $160, based on future estimated EV/EBITDA metrics. These recent developments reflect a positive outlook from analysts for Everus Construction Group.
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