The insider sales are immaterial in size and follow a strong earnings beat with raised guidance — no bearish signal. Monitor for any acceleration in insider selling volume or C-suite departures, but this cluster alone does not warrant action. The stock's strong fundamental momentum (record backlog $48.5B, raised guidance) dominates this noise.
Price Chart
Executive Summary
Two senior insiders at Quanta Services sold a combined $7.24M in stock within days of a record Q1 earnings beat and raised guidance. The CEO and Chief Accounting Officer sold open-market shares at ~$757-765, representing ~0.006% of the $114.9B market cap — a trivial proportion. The sales follow a strong earnings report (revenue +26% YoY, adjusted EPS +51% YoY) and increased full-year guidance, making the timing consistent with routine post-earnings window diversification rather than informed selling.
Key Financial Metrics
Key Facts
- CEO Earl C. Austin Jr. sold 5,500 shares for $4.22M on May 5, 2026
- Chief Accounting Officer Paul Nobel sold 4,000 shares for $3.03M on May 4, 2026
- Director Martha B. Wyrsch gifted 2,500 shares (non-cash) on May 11, 2026
- Total insider sales of $7.24M represent ~0.006% of PWR's $114.9B market cap
- Q1 2026 revenue was $7.87B (+26% YoY), adjusted EPS $2.68 (+51% YoY), both records
- Full-year 2026 guidance raised: revenue $34.7-35.2B, adjusted EPS $13.55-14.25
- No 10b5-1 plan disclosed for these sales
Financial Impact
Insider sales of $7.24M are negligible relative to $114.9B market cap (0.006%); no material financial impact
Risk Factors
- Insider sales could accelerate if management perceives the stock as fully valued post-strong run
- Execution risk on $34.7-35.2B revenue guidance amid supply chain and regulatory headwinds
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PWR-1778710368455 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 4, 2026 8w ago | 8-K | $693.00 $611.39 | ▼ −11.78% | ▼ −10.54% | $674.28 (−2.70%) |
Aug 3, 2026 8w ago | 424B5 | $680.20 $607.09 | ▼ −10.75% | ▼ −11.99% | $674.28 (−0.87%) |
Jul 30, 2026 9w ago | 8-K | $657.98 $621.83 | ▼ −5.49% | ▼ −9.46% | $674.28 (+2.48%) |
May 4, 2026 21w ago | Insider Cluster | $757.34 $687.48 | ▼ −9.22% | ▼ −14.87% | $674.28 (−10.97%) |
May 4, 2026 21w ago | Insider Cluster | $757.34 $687.48 | ▼ −9.22% | ▼ −14.87% | $674.28 (−10.97%) |
Apr 16, 2026 24w ago | 8-K | $601.88 $780.08 | ▲ +29.61% | ▲ +24.24% | $674.28 (+12.03%) |
Apr 10, 2026 25w ago | DEFA14A | $585.36 $750.73 | ▲ +28.25% | ▲ +19.72% | $674.28 (+15.19%) |
Mar 4, 2026 30w ago | 8-K | $549.11 $560.63 | ▲ +2.10% | ▲ +5.89% | $674.28 (+22.79%) |
US Market Status
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