Major Stakeholder Sells Massive Shares in Centuri Holdings!

New insider activity at Centuri Holdings, Inc. ( (CTRI) ) has taken place on September 5, 2025.

Southwest Gas Holdings, Inc., a significant shareholder, has divested a substantial portion of its stake in Centuri Holdings, Inc. by selling 27,362,210 shares. This transaction is valued at an impressive $536,299,316.

Recent Updates on CTRI stock

Centuri Holdings, Inc. recently completed a major stock sale agreement involving the sale of 27.36 million shares of its common stock by Southwest Gas Holdings, Inc. as the selling stockholder. The offering was priced at $19.60 per share, within the target range of $19.15 to $19.75, and was managed by J.P. Morgan Securities LLC. This transaction resulted in Southwest Gas divesting all its shares in Centuri and relinquishing governance rights, including director nomination and consent rights over corporate actions. Analysts have maintained a ‘Hold’ rating on Centuri with a price target of $20.00, citing the company’s financial challenges such as declining revenues and negative profitability, which contribute to an unattractive valuation. Additionally, the absence of earnings call data and corporate events limits further insights into the company’s performance.

Spark’s Take on CTRI Stock

According to Spark, TipRanks’ AI Analyst, CTRI is a Neutral.

Centuri Holdings, Inc. faces significant financial challenges, with declining revenues and negative profitability being the most impactful factors. The technical analysis provides a neutral outlook, while the valuation is unattractive due to negative earnings and no dividend yield. The absence of earnings call data and corporate events limits additional insights.

To see Spark’s full report on CTRI stock, click here.

More about Centuri Holdings, Inc.

YTD Price Performance: 11.45%

Average Trading Volume: 1,398,325

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.9B