Centuri Holdings, Inc. (NASDAQ:CTRI) director Anne L. Mariucci acquired 4,545 shares of the company's common stock in an open-market transaction valued at $99,990, according to a filing reported on November 10, 2026.
The shares were purchased at $22.0 per share, a level close to the stock's current trading price of $22.35. The transaction brings Mariucci's direct holdings to 94,254 shares of Centuri common stock.
The purchase occurred against a mixed backdrop for the stock. Shares have gained 9.2% over the past week but remain down 31% over the last six months. Based on a Fair Value assessment, CTRI appears undervalued, placing it among opportunities on the most undervalued stocks list.
Quarterly Results and Guidance
In other recent news, Centuri reported record third-quarter revenue of $1.2 billion, a 40% increase from the previous year. However, adjusted net income of $0.42 per share fell short of Wall Street's estimate of $0.56 per share, a miss of $0.14.
Despite the earnings shortfall, the company achieved record gross profit of $113 million and an improved gross margin of 9.5%. The earnings miss and a weaker free-cash-flow outlook caught investors' attention. Management raised its full-year 2026 revenue and profit guidance but lowered expectations for free cash flow.
The company highlighted a strong backlog and pipeline, with $6.2 billion in backlog and a $19 billion opportunity pipeline. Centuri's performance showed notable strength across its utility services, including gas, electric, and Canadian operations. Revenue growth was complemented by a 44% increase in adjusted EBITDA to $108 million and a 79% rise in adjusted EBIT to $73 million.
For investors seeking deeper insights, comprehensive analysis is available through the company's Pro Research Report, accessible for CTRI and more than 1,400 other US equities.