MasTec Director Sells $309,158 in Stock

Insider transaction highlights executive's reduced ownership stake

Mar. 29, 2026 at 8:19am

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MasTec, Inc. (NYSE:MTZ) Director Javier Alberto Palomarez sold 950 shares of the company's stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $325.43, for a total value of $309,158.50. Following the sale, Palomarez now owns 10,592 shares in the company, valued at approximately $3.45 million.

Why it matters

Insider transactions, especially sales, can provide insights into executive sentiment and confidence in a company's future performance. This sale by a MasTec director represents an 8.23% decrease in their ownership stake, which may signal a shift in their outlook on the company's prospects.

The details

The transaction was disclosed in a legal filing with the SEC. MasTec, a diversified infrastructure construction company, has seen its stock price rise significantly over the past year, reaching a high of $328.69 in March 2026. The company reported strong financial results in its most recent quarter, with revenue increasing 15.8% year-over-year.

  • The stock sale occurred on Wednesday, March 25th, 2026.

The players

Javier Alberto Palomarez

A director on the board of MasTec, Inc.

MasTec, Inc.

A diversified infrastructure construction company that provides engineering, fabrication, installation and maintenance services across a broad range of end markets.

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What’s next

Investors will likely continue to monitor MasTec's stock performance and any further insider transactions, as these can provide signals about the company's future outlook.

The takeaway

This insider sale by a MasTec director, while relatively small in size, could indicate a shift in sentiment about the company's near-term prospects. However, MasTec's strong financial results and rising stock price suggest the company remains well-positioned in the infrastructure construction market.