Quanta Services Director Files Intent to Sell $2.86M in Stock
QUANTA SERVICES, INC.
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Filing Summary
Quanta Services Director Files Intent to Sell $2.86M in Stock
Company: QUANTA SERVICES, INC. (PWR) Form: 144 | Filed: 2025-11-05 Significance: Low
Insider: JACKMAN WORTHING Title: Director | Relationship: Director
Transaction: • Type: Proposed Sale • Shares: 6,349 • Price: $450.45 • Value: $2,859,899 • Owned After: Not Disclosed
Key Insight: A director has filed a notice of proposed sale for shares valued at approximately $2.86 million. The transaction size is negligible compared to the company's market capitalization.
Market Context: This sale represents only 0.004% of the company's market cap, indicating it is likely a routine transaction for portfolio management or diversification and not a significant signal on the company's outlook.
Comprehensive Analysis
SEC Filing Analysis: QUANTA SERVICES, INC. (PWR)
Executive Summary
- Trading Significance: Low
- Key Takeaway: A director filed a notice of a proposed sale of common stock valued at approximately $2.86 million. The transaction's size is immaterial relative to the company's total market capitalization and shares outstanding.
- Market Impact: The transaction is too small to have a meaningful impact on the stock price or market sentiment.
Company Information
| Field | Value |
|---|---|
| Company | QUANTA SERVICES, INC. |
| Ticker Symbol | PWR |
| CIK | 0001050915 |
| Industry | ELECTRICAL WORK [1731] |
Insider Information
| Field | Value |
|---|---|
| Name | JACKMAN WORTHING |
| CIK | 0001229832 |
| Title/Position | Director |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 144 |
| Transaction Date | 2025-11-05 |
| Transaction Code | Not Applicable |
| Security Type | Common Stock |
| Shares Involved | 6,349 |
| Price Per Share | $450.45 |
| Total Value | $2,859,898.52 |
| Shares Owned After | Not Disclosed |
| Ownership Type | Not Disclosed |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $2,859,898.52 |
| % of Market Cap | 0.0043% |
| Shares Transacted | 6,349 |
| % of Shares Outstanding | 0.0043% |
| Post-Transaction Ownership | Not Disclosed |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: Quanta Services has a market capitalization of approximately $66.97 billion. A $2.86 million sale is negligible in this context, representing a tiny fraction of the company's value.
- Transaction Significance: The sale constitutes less than 0.01% of both the market cap and the total shares outstanding, falling well below any threshold for moderate or high significance. It is considered a routine transaction, likely for personal financial planning or diversification purposes.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The transaction size is insignificant compared to the company's market capitalization and daily trading volume. It does not signal any change in the insider's confidence in the company's fundamentals.
Volume & Sentiment
- Expected Volume Impact: None. The number of shares is too small to affect trading volume.
- Sentiment Indicator: Neutral. The market is unlikely to react to a sale of this size from a non-executive director.
Additional Context
Transaction Notes
- The filing is a Form 144, which is a notice of proposed sale, not a confirmation of a completed sale. The shares were originally acquired through restricted stock vesting as part of compensation.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
