Director Zelman Ivy executed a purchase of 6,921 shares of Cardinal Infrastructure Group Inc. (NASDAQ: CDNL) on March 26, 2026. The transaction was completed at a weighted average price of $36.33 per share, resulting in a total cost of $251,439. The individual prices paid in the tranche ranged from $36.09 to $36.47.
Following the acquisition, Ivy's direct holdings in Cardinal Infrastructure total 15,326 shares. The trade took place as the stock traded near its 52-week high of $37.48 after a 53.6% advance over the past six months.
According to InvestingPro analysis, the stock appears undervalued at current levels on the basis of its Fair Value assessment. The InvestingPro platform offers a detailed Pro Research Report for CDNL as one of its available company reports.
Cardinal Infrastructure also recently released operating results for the fourth quarter of 2025 that show revenue rising 45% year over year to $456 million. Management highlighted that top-line growth during Q4 2025 was a notable element of their earnings commentary.
In parallel with the financial update, the company announced an internal leadership change. Erik West has been named President of the Carolinas. West, who joined the company in 2016, brings over 30 years of construction industry experience to the role and will oversee operations in North Carolina and South Carolina.
The combination of insider buying, an above-average move in the stock price over six months, and recent operating and leadership developments presents a compact set of data points for investors monitoring Cardinal Infrastructure. The transaction details and corporate updates together form the factual record available at this time.
Context and next steps for interested investors
Investors looking for additional analysis can reference the InvestingPro Fair Value assessment and the firm-specific Pro Research Report mentioned above for deeper financial metrics and valuation context. The available public disclosures provide the transaction specifics, the quarterly revenue figure for Q4 2025, and the executive appointment information.