Versor Investments LP Sells 8,217 Shares of Granite Construction Incorporated $GVA

Posted by Brian Himes on May 17th, 2026

Versor Investments LP lessened its position in shares of Granite Construction Incorporated (NYSE:GVA – Free Report) by 82.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,800 shares of the construction company’s stock after selling 8,217 shares during the period. Versor Investments LP’s holdings in Granite Construction were worth $208,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of GVA. Root Financial Partners LLC bought a new position in Granite Construction during the third quarter worth $26,000. Newbridge Financial Services Group Inc. bought a new position in Granite Construction during the fourth quarter worth $29,000. Spire Wealth Management bought a new position in Granite Construction during the fourth quarter worth $46,000. Federated Hermes Inc. raised its stake in Granite Construction by 94.6% during the third quarter. Federated Hermes Inc. now owns 436 shares of the construction company’s stock worth $48,000 after buying an additional 212 shares during the last quarter. Finally, Torren Management LLC bought a new position in Granite Construction during the fourth quarter worth $56,000.

Granite Construction Stock Down 1.5%

Shares of NYSE GVA opened at $138.78 on Friday. Granite Construction Incorporated has a 1 year low of $84.45 and a 1 year high of $145.00. The stock has a market capitalization of $6.07 billion, a P/E ratio of 39.99 and a beta of 1.35. The company has a 50-day moving average price of $126.44 and a 200-day moving average price of $120.19. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.09 and a quick ratio of 0.97.

Granite Construction (NYSE:GVA – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The construction company reported $0.26 earnings per share for the quarter, topping the consensus estimate of ($0.77) by $1.03. Granite Construction had a net margin of 3.99% and a return on equity of 24.90%. The business had revenue of $912.47 million for the quarter, compared to analysts’ expectations of $782.26 million. During the same period in the previous year, the company earned $0.01 earnings per share. The firm’s revenue for the quarter was up 30.4% compared to the same quarter last year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on GVA shares. DA Davidson lifted their price target on shares of Granite Construction from $130.00 to $155.00 and gave the company a “buy” rating in a research note on Friday, February 13th. The Goldman Sachs Group lifted their price target on shares of Granite Construction from $109.00 to $124.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Weiss Ratings downgraded shares of Granite Construction from a “buy (b)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen raised shares of Granite Construction from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $139.50.

Get Our Latest Stock Analysis on GVA

Insider Activity

In other Granite Construction news, CFO Staci M. Woolsey sold 1,523 shares of the business’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $119.84, for a total value of $182,516.32. Following the transaction, the chief financial officer directly owned 18,954 shares in the company, valued at $2,271,447.36. The trade was a 7.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kyle T. Larkin sold 26,651 shares of the business’s stock in a transaction dated Friday, March 27th. The shares were sold at an average price of $118.12, for a total transaction of $3,148,016.12. Following the completion of the transaction, the chief executive officer owned 114,881 shares in the company, valued at approximately $13,569,743.72. The trade was a 18.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 35,488 shares of company stock worth $4,207,042. 1.00% of the stock is owned by corporate insiders.

About Granite Construction

(Free Report)

Granite Construction Inc is a publicly traded heavy civil contractor and construction materials producer based in Watsonville, California. The company specializes in delivering large-scale infrastructure projects for government and private clients, focusing on the development, rehabilitation and maintenance of transportation, water resource and industrial facilities. Its turnkey solutions span the full project lifecycle, from preconstruction and design-build to construction management and facilities maintenance.

In its construction segment, Granite undertakes highway and bridge building, airport runway and taxiway construction, marine terminal and port improvements, dam and reservoir projects, transit systems and underground utilities.