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Ryan Edward A, a director at Everus Construction Group, Inc. (NASDAQ:ECG), recently acquired 1,400 shares of the company’s common stock. The shares were purchased at a price of $38.025 each, amounting to a total transaction value of $53,235. The purchase price represents a significant discount to the current trading price of $45, though InvestingPro analysis suggests the stock is slightly overvalued at current levels. Following this acquisition, Ryan’s total direct ownership in the company stands at 14,928 shares. This transaction was reported in a filing with the Securities and Exchange Commission, providing transparency to investors and stakeholders regarding insider activities within the company. The timing of the purchase is notable, as InvestingPro data shows the stock has fallen significantly over the past three months, though the company maintains strong liquidity with a current ratio of 1.79. InvestingPro subscribers have access to 8 additional key insights about ECG’s financial health and market position.
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