Southland Holdings, Inc. (NASDAQ:SLND) COO Rudolph V. Renda Purchases 5,053 Shares

Southland Holdings, Inc. (NASDAQ:SLND – Get Rating) COO Rudolph V. Renda acquired 5,053 shares of the firm’s stock in a transaction dated Monday, May 22nd. The stock was bought at an average price of $8.60 per share, with a total value of $43,455.80. Following the purchase, the chief operating officer now directly owns 3,873,658 shares in the company, valued at approximately $33,313,458.80. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Southland Trading Up 0.8 %

Shares of SLND opened at $8.44 on Tuesday. The firm has a 50-day moving average of $7.94. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.75 and a quick ratio of 1.94. Southland Holdings, Inc. has a 1 year low of $6.57 and a 1 year high of $11.14.

Analyst Ratings Changes

Separately, Craig Hallum began coverage on Southland in a research note on Tuesday, April 4th. They issued a “buy” rating and a $14.00 price objective for the company.

Institutional Investors Weigh In On Southland

Institutional investors have recently added to or reduced their stakes in the business. HRT Financial LP purchased a new stake in Southland during the first quarter worth approximately $97,000. State Street Corp purchased a new stake in Southland during the first quarter worth approximately $134,000. Squarepoint Ops LLC purchased a new stake in Southland during the first quarter worth approximately $150,000. Finally, Register Financial Advisors LLC purchased a new stake in Southland during the first quarter worth approximately $578,000.

About Southland

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Southland Holdings Inc is a provider of specialized infrastructure construction services principally in North America including bridges, tunneling, transportation and facilities, marine, steel structures, water and wastewater treatment and water pipeline end markets. Southland Holdings Inc is headquartered in Grapevine, Texas.