Cardinal Infrastructure Group (NASDAQ:CDNL) COO Benjamin Wood Purchases 20,000 Shares of Stock

Posted by on May 30th, 2026

Cardinal Infrastructure Group Inc. (NASDAQ:CDNL – Get Free Report) COO Benjamin Wood bought 20,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were acquired at an average cost of $51.30 per share, for a total transaction of $1,026,000.00. Following the purchase, the chief operating officer directly owned 20,000 shares in the company, valued at $1,026,000. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Cardinal Infrastructure Group Stock Performance

Shares of Cardinal Infrastructure Group stock opened at $52.10 on Friday. The firm’s fifty day simple moving average is $47.11. Cardinal Infrastructure Group Inc. has a 1-year low of $21.98 and a 1-year high of $63.18.

Cardinal Infrastructure Group (NASDAQ:CDNL – Get Free Report) last announced its earnings results on Monday, March 23rd. The company reported $1.98 earnings per share for the quarter. The business had revenue of $418.92 million for the quarter. On average, research analysts forecast that Cardinal Infrastructure Group Inc. will post 1.99 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Stifel Nicolaus lifted their price target on Cardinal Infrastructure Group from $41.00 to $63.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Zacks Research cut Cardinal Infrastructure Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. DA Davidson lifted their target price on Cardinal Infrastructure Group from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Weiss Ratings assumed coverage on Cardinal Infrastructure Group in a report on Monday, March 9th. They issued a “sell (e)” rating on the stock. Finally, Oppenheimer assumed coverage on Cardinal Infrastructure Group in a report on Thursday. They issued an “outperform” rating and a $60.00 target price on the stock. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Cardinal Infrastructure Group has a consensus rating of “Hold” and an average target price of $52.67.

Get Our Latest Report on CDNL

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CDNL. California State Teachers Retirement System purchased a new position in shares of Cardinal Infrastructure Group during the first quarter valued at $28,000. Strs Ohio purchased a new position in shares of Cardinal Infrastructure Group during the first quarter valued at $87,000. Barclays PLC purchased a new position in shares of Cardinal Infrastructure Group during the fourth quarter valued at $152,000. Zuckerman Investment Group LLC purchased a new position in shares of Cardinal Infrastructure Group during the fourth quarter valued at $242,000. Finally, XTX Topco Ltd purchased a new position in shares of Cardinal Infrastructure Group during the fourth quarter valued at $242,000.

About Cardinal Infrastructure Group

(Get Free Report)

We provide a comprehensive suite of infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets. Our operations leverage a large highly skilled workforce and a fleet of specialized equipment to deliver wet utility installations (water, sewer, and stormwater systems), as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services. We are becoming the platform of choice for a diverse array of infrastructure construction projects in our target geographies that require high-level technical expertise and sophistication.

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