Centuri Holdings director Dustin DeMaria buys $100,204 CTRI
A Centuri Holdings director, Dustin DeMaria, purchased 5,200 shares of the company's common stock on September 18, 2026, for a total of $100,204. This acquisition increased his personal holdings to 12,936 shares. The stock's price at the time of purchase was $19.27, near the 52-week low of $19.03. CTRI's stock has fallen about 30% over the past six months.
InvestingPro analysis indicates the company's shares are undervalued, with a Fair Value of $24.18, signifying potential upside. Centuri Holdings, with a market capitalization of $2.07 billion, has reported a record second-quarter revenue of $962 million, a 33% increase from the previous year. However, adjusted earnings per share fell short of expectations at $0.24, compared to the anticipated $0.45.
Adjusted net income rose by 44% to $24.4 million. The revenue growth and profit margin expansion have been attributed to factors such as fuel costs and capacity ramp-up expenses. Analyst reactions have been mixed, with some lowering price targets due to margin pressures, while others raised targets after discussions with Centuri's leadership.
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