A Centuri Holdings Director Buys Over 5,000 Shares Near the Stock's One-Year Low
Key Points
The transaction involved 5,200 shares acquired at $19.27 per share for a total capital outlay of $100,204.
The purchase size was equal to 67% of the equity stake held directly prior to the filing.
All shares are held directly, with the insider reporting no indirect holdings or derivative securities in this filing.
This capital commitment occurred as the stock carries a -11% one-year total return as of the September 18, 2026 transaction date.
Dustin Demaria, a member of the Board of Directors of Centuri Holdings, Inc. (NYSE:CTRI), purchased 5,200 shares of common stock on September 18, 2026 according to a recent SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Shares purchased | 5,200 |
| Transaction value | $100,204 |
| Post-transaction shares (directly held) | 12,936 |
| Post-transaction value | $250,311.60 |
Transaction value based on SEC Form 4 weighted average purchase price ($19.27); post-transaction value based on September 18, 2026 market close ($19.35).
Key questions
- How does this purchase impact the director's total equity position?
The transaction increased the total direct holding from 7,736 shares to 12,936 shares, reflecting an expansion of the previous stake. - What was the execution context for this trade?
The shares were acquired through an open market purchase at a price of $19.27 per share, signaling a discretionary increase in equity exposure. - What is the director's total beneficial ownership following the trade?
The insider now directly holds 12,936 shares, representing approximately 0.0128% of the company as of the September 18, 2026 market close. - Does the insider maintain any indirect or derivative exposure?
The filing does not indicate any shares held indirectly and reports no outstanding derivative securities such as stock options or warrants.
Company Overview
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-09-18) | $19.35 |
| Market Capitalization | $2.0 billion |
| Revenue (TTM) | $3.2 billion |
| Net Income (TTM) | $28.9 million |
Company Snapshot
- Centuri Holdings delivers specialized utility infrastructure services across North America, providing natural gas distribution utilities with routine maintenance, system replacements, repairs, new installations, and comprehensive infrastructure solutions.
- The company operates a service-based business model generating revenue through long-term contracts with regulated utility operators, leveraging its technical expertise and workforce to deliver essential infrastructure maintenance and capital project execution for natural gas and electric distribution networks.
- Centuri's primary customers are regulated natural gas and electric utility companies across North America, including major utility operators seeking specialized infrastructure services, system modernization, and maintenance solutions to support their distribution network operations.
Centuri Holdings is a leading provider of specialized utility infrastructure services with a $2.0 billion market cap, serving a critical role in North American utility infrastructure maintenance and modernization. The company operates through a diversified geographic and service-line portfolio spanning U.S. and Canadian gas utilities alongside union and non-union electric utility services, positioning it to capture growth opportunities in regulated utility infrastructure spending.
With deep operational expertise in complex utility infrastructure projects, Centuri maintains a competitive advantage in delivering mission-critical services to regulated utility operators with high barriers to entry and recurring revenue characteristics.
What this transaction means for investors
The September 18 purchase of Centuri Holdings shares by Director Dustin Demaria suggests he has a bullish outlook toward the stock. His buy of 5,200 shares was substantial, raising his equity stake by a whopping 67%. This indicates he believes the purchase price of $19.27 is at an attractive level.
Demaria's buy was close to the stock's 52-week low of $19.03. Shares are down as Centuri Holdings reported margin compression in its fiscal second quarter, ended June 28. The company's Q2 gross profit of $69.1 million was a modest increase over the prior year's $67.8 million despite record quarterly revenue of $962 million, which represented strong 33% year-over-year growth.
Margins declined as fuel prices rose due to the U.S. war with Iran. Demaria's purchase suggests he believes the situation will improve in time. In fact, Centuri Holdings raised its 2026 full-year guidance in a sign that it expects revenue to continue growing.
Robert Izquierdo 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.