Parsons Corp Sees Insider Buying as George Ball Invests in 20,000 Shares
Key Points
The transaction involved the purchase of 20,000 shares for a total purchase price of approximately $959,000.
The acquisition increased the insider's direct equity holdings by 13%.
George L. Ball maintains a larger indirect position of 205,000 shares through the George L. and Coleen M. Ball Family Trust UA 01-18-2005.
George L. Ball, Director at Parsons (NYSE:PSN), purchased 20,000 shares of common stock at $47.97 per share on Aug. 7, 2026. SEC Form 4 filing
Transaction summary
| Metric | Value |
|---|---|
| Shares purchased | 20,000 |
| Approximate Transaction value | $959,000 |
| Post-transaction shares (directly held) | 170,383 |
| Post-transaction shares (indirectly held) | 205,000 |
| Post-transaction value | $17.8 million |
Transaction value based on SEC Form 4 weighted average purchase price ($47.97); post-transaction value based on Aug. 07, 2026, market close ($47.55).
Key questions
- What is the significance of the purchase volume relative to existing holdings?
The 20,000-share purchase expanded direct ownership by 13%, bringing the total direct position to 170,383 shares, while the total beneficial ownership across direct and indirect accounts reached 375,383 shares. - How are the indirect holdings structured for this insider?
The insider holds 205,000 shares indirectly through the George L. and Coleen M. Ball Family Trust UA 01-18-2005, an entity over which George L. Ball shares voting and investment authority. - How does the acquisition price compare to the current market valuation?
The shares were purchased at a weighted-average price of $47.97 per share, slightly above the $47.55 market close recorded on the transaction date of Aug. 7, 2026. - What is the current business profile of Parsons Corporation?
Parsons is a global provider of technology solutions in the defense, intelligence, and critical infrastructure sectors, generating $6.3 billion in trailing twelve-month revenue as of the latest reporting period.
Company Overview
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-08-07) | $47.55 |
| Market Capitalization | $4.9 billion |
| Revenue (TTM) | $6.3 billion |
| Net Income (TTM) | $157.4 million |
Company Snapshot
- Parsons provides comprehensive solutions and services in defense, intelligence, and critical infrastructure sectors, generating revenue through advanced cybersecurity, intelligence capabilities, and infrastructure solutions across North America, the Middle East, and international regions.
- The company operates through two primary business divisions: Federal Solutions and Critical Infrastructure. It delivers specialized services to government and private sector clients that require mission-critical capabilities and infrastructure resilience.
- Parsons serves primarily U.S. federal government agencies, defense and intelligence organizations, and critical infrastructure operators requiring advanced technological solutions and specialized expertise in cybersecurity and infrastructure management.
Parsons is a global provider of mission-critical solutions, positioning it as a significant player in the defense and critical infrastructure services market. The company's dual-segment operating structure enables focused delivery of specialized capabilities to government and infrastructure clients, with particular strength in cybersecurity and intelligence solutions. Despite a one-year share price decline of roughly 40%, Parsons maintains substantial scale and market presence within the highly specialized defense and critical infrastructure services sector.
What this transaction means for investors
Parsons shareholders are having a rough 12 months, with the stock price dropping roughly 40%. In comparison, the S&P 500 is up nearly 20% in the same time frame. One of the issues that has plagued the company is slumping revenue, which has forced it to lower its guidance. For its 2026 second-quarter results, Parsons reported revenue of $1.6 billion, which was a 1% decline from the prior-year period. It also reported revenue for its Federal Solutions division slumped by 6%. For 2026 full-year revenue, Parsons previously forecast $6.5 billion to $6.8 billion, but has now lowered that to $6.2 billion to $6.5 billion.
The company did, however, report that its net bookings were up 24% for the quarter and that its backlog was $9.3 billion. An insider buying stock at this juncture would seem to indicate that, while the company has gone through a rough patch over the last 12 months, there is still potential upside ahead. With roughly 375,000 shares held directly and indirectly, Ball could have just as easily trimmed some of his position here. But adding even more is a vote of confidence for shareholders.
Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.