US LNG exports surge but will buyers in China turn up?
Alberto de Cardenas, EVP, General Counsel at Mastec INC (NYSE:MTZ), sold 10,000 shares of common stock on August 5, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The transaction comes as MTZ shows strong momentum, with the stock delivering a 75% return over the past year and trading near its 52-week high of $194. The shares were sold at a price of $180.695, with the total value of the transaction amounting to $1,806,950.
Following the transactions, de Cardenas directly owns 101,349 shares of Mastec INC. He also indirectly owns 8,083.8014 shares through a 401(k) plan.
In other recent news, MasTec reported strong financial results for the second quarter of 2025, beating analyst expectations. The company achieved an earnings per share of $1.49, surpassing the forecast of $1.40, and generated revenue of $3.54 billion, exceeding the projected $3.4 billion. Following these results, several financial firms adjusted their outlooks on MasTec. Jefferies raised its price target to $218, maintaining a Buy rating, noting the company’s decision to increase its fiscal year 2025 guidance. Stifel also increased its price target to $198, citing the company’s second-quarter performance and positive third-quarter guidance. KeyBanc raised its price target to $205, maintaining an Overweight rating, as MasTec’s strong performance led to an upward revision of its 2025 guidance. These developments highlight the positive sentiment among analysts regarding MasTec’s financial trajectory.
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