Dycom Industries Director Fallon Purchases 700 Shares for $201,000
Key Points
The transaction was valued at approximately $201,000.
The purchase represents a transaction size equal to 204% of the director's equity holdings prior to the filing.
This was a direct acquisition that increased total direct ownership to 1,043 shares.
David Joseph Fallon, a Director at Dycom Industries (NYSE:DY), purchased 700 shares of common stock on Sept. 1, 2026, according to a recent SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Transaction value | $201,000 |
| Shares purchased (directly held) | 700 |
| Post-transaction shares (directly held) | 1,043 |
| Post-transaction value | $299,653 |
Transaction value based on SEC Form 4 weighted average purchase price ($286.92); post-transaction value based on Sept. 01, 2026, market close ($287.30).
Key questions
- How does this transaction affect the director's total equity position?
Through this open-market purchase, Fallon more than tripled his direct stake in the company, increasing his holdings from 343 shares to 1,043 shares. - What is the recent performance context for this acquisition?
The transaction was executed at $286.92 per share, which is marginally below the $291.21 level recorded at the Aug. 31, 2026, market close. - Does the insider maintain other forms of equity exposure?
The reported direct holdings of 1,043 shares include unvested restricted stock units, according to the filing footnotes, though the director also holds derivative securities. - What is the scale of the insider's ownership relative to the total company?
Following this purchase, the company's total reported insider ownership percentage remains at approximately 0.003% as of the latest data.
Company Overview
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-08-31) | $291.21 |
| Market Capitalization | $9.1 billion |
| Revenue (TTM) | $6.9 billion |
| Net Income (TTM) | $329.6 million |
Company Snapshot
- Dycom Industries provides specialty contracting services to the digital infrastructure, telecommunications infrastructure, and utility industries, offering engineering services, including planning, design, and installation of fiber-optic, copper, and coaxial cable systems for telecommunications providers and utility companies.
- The company generates revenue through its Communications and Building Systems segments by delivering comprehensive contracting solutions that encompass engineering design, cable placement, infrastructure installation, and related technical services across multiple end markets.
- Dycom's primary customers include major telecommunications providers, digital infrastructure operators, and utility companies throughout the U.S. that require specialized engineering and construction expertise for network expansion and maintenance.
Dycom Industries is a leading specialty contractor in the digital and telecommunications infrastructure sectors, with a market capitalization of $9.1 billion and TTM revenue of $6.9 billion. The company maintains a substantial workforce of approximately 19,556 employees positioned to deliver integrated engineering and construction solutions across multiple customer segments. Dycom's competitive positioning is reinforced by its specialized technical capabilities, established customer relationships with major telecommunications and utility operators, and demonstrated ability to execute complex infrastructure projects at scale.
What this transaction means for investors
Thus far in 2026, Dycom Industries is slightly outperforming the S&P 500. Shares of Dycom are up nearly 20%, while the S&P 500 is up 18.1% over the same period. A stock outperforming the broader markets may be a time when some insiders consider taking some gains off the table. But with Fallon adding to his position, that can be viewed as a bullish signal. While he doesn't have extensive holdings, the insider still purchased 700 shares, bringing his direct holdings to over 1,000 shares.
While there are plenty of reasons for an insider to sell shares, the only reason anyone typically buys shares is that they believe they will go up in value. And alongside that insider purchase, which signals bullishness, analysts also have a favorable outlook on where Dycom Industries' stock price could be headed. According to CNN, all 13 analysts who cover the stock rate it a buy. From that group, the median one-year price target is $525, representing a 73.35% gain from today's price ($302.91). The group's highest price target, $625, represents an even larger gain of 106.3%. And even the lowest price target, $375, represents a 23.8% gain.
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.