Granite Construction (GVA) Soars 0.47% on Insider Sales, Awaits Earnings

Granite Construction (GVA) shares rose 0.47% today, marking the second consecutive day of gains, with a total increase of 0.94% over the past two days. The stock price reached its highest level since March 2025, with an intraday gain of 1.52%.

One of the key factors influencing Granite Construction's stock price recently is the insider share sales. The company's President & CEO, Larkin Kyle T, sold a total of 6,808 shares of common stock between April 24 and April 28, 2025. This significant insider selling activity can potentially impact the stock price, as it may indicate the executive's perspective on the company's future performance. Investors often view such transactions as a signal of the company's outlook, which can lead to increased volatility in the stock price.

Another significant event on the horizon is the upcoming Q1 earnings release scheduled for May 1, 2025, before the market opens. The anticipated earnings per share are -$0.46, with expected revenue of -$0.21. The release of earnings reports is a critical moment for any company, as it provides investors with valuable insights into the company's financial health and future prospects. The anticipation of these results can lead to heightened volatility in the stock price as investors adjust their expectations based on the reported figures.