American Securities sells 7.9m SOLV Energy shares for $0

American Securities LLC, a major shareholder in SOLV Energy, Inc., reported the sale of 7.9 million shares on August 19, 2026. The transaction had a total value of $0, with shares sold at $0 per share. This occurred as SOLV Energy shares were trading at $28.34, down over 11% in the previous week. Despite the recent price decline, analysts suggest the stock may be undervalued according to InvestingPro’s Fair Value estimate.

Simultaneously, American Securities LLC acquired 3.1 million shares through a direct exchange on a one-for-one basis of SOLV Energy Holdings LLC Interests, which also had no reported monetary value. Following these transactions, the firm indirectly owned 78.05 million shares of Class A common stock through affiliated entities like ASP Investco, ASP SOLV Aggregator, and New ASP.

Notably, American Securities LLC, which provides investment advisory services to these entities, disclaims beneficial ownership of the securities except for their financial interest. Meanwhile, SOLV Energy reported a 77% increase in second-quarter revenue to $951 million, a 72% rise from the first half of the previous year. Adjusted EBITDA totaled $117 million for the quarter and $210 million for the first half, prompting the company to raise its full-year revenue outlook.

The strong demand for solar, battery storage, and grid infrastructure, along with faster project execution and larger new-construction work, are cited as drivers behind the revenue surge.