Orion Group (NYSE:ORN) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Orion Group Holdings, Inc. (NYSE:ORN)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $10.48 and traded as high as $11.56. Orion Group shares last traded at $11.2020, with a volume of 226,632 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. started coverage on shares of Orion Group in a report on Thursday, January 22nd. They set an “overweight” rating and a $16.00 price objective for the company. Roth Mkm started coverage on Orion Group in a report on Tuesday, February 10th. They issued a “buy” rating and a $17.00 target price on the stock. Zacks Research upgraded Orion Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 3rd. B. Riley Financial raised their price target on Orion Group from $15.50 to $17.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Finally, Weiss Ratings lowered Orion Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, March 19th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $16.25.

Orion Group Stock Performance

The stock’s 50 day simple moving average is $12.37 and its two-hundred day simple moving average is $10.48. The company has a market capitalization of $436.91 million, a P/E ratio of 218.02 and a beta of 1.15. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.36 and a quick ratio of 1.35.

Orion Group (NYSE:ORN) last released its quarterly earnings results on Wednesday, March 4th. The construction company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.05 by $0.03. The business had revenue of $233.22 million for the quarter, compared to analysts’ expectations of $222.42 million. Orion Group had a net margin of 0.29% and a return on equity of 4.14%. Orion Group has set its FY 2026 guidance at 0.360-0.420 EPS. As a group, research analysts expect that Orion Group Holdings, Inc. will post 0.06 earnings per share for the current year.

Insider Buying and Selling at Orion Group

In other news, Director Quentin P. Jr. Smith sold 10,695 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $12.25, for a total transaction of $131,013.75. Following the transaction, the director owned 90,659 shares of the company’s stock, valued at $1,110,572.75. This represents a 10.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Austin J. Shanfelter sold 90,000 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $12.17, for a total value of $1,095,300.00. Following the completion of the transaction, the director owned 329,215 shares in the company, valued at approximately $4,006,546.55. This represents a 21.47% decrease in their position. The disclosure for this sale is available in the SEC filing. 5.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Brandes Investment Partners LP boosted its stake in shares of Orion Group by 1.1% in the 4th quarter. Brandes Investment Partners LP now owns 5,010,193 shares of the construction company’s stock valued at $49,801,000 after purchasing an additional 56,663 shares during the last quarter. Wasatch Advisors LP raised its stake in shares of Orion Group by 1.8% during the fourth quarter. Wasatch Advisors LP now owns 2,267,707 shares of the construction company’s stock worth $22,541,000 after buying an additional 41,188 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Orion Group by 0.3% in the third quarter. Vanguard Group Inc. now owns 2,024,885 shares of the construction company’s stock valued at $16,847,000 after buying an additional 5,572 shares during the period. Royce & Associates LP boosted its stake in Orion Group by 2.1% in the third quarter. Royce & Associates LP now owns 1,704,174 shares of the construction company’s stock valued at $14,179,000 after acquiring an additional 35,800 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Orion Group by 1.0% in the third quarter. Dimensional Fund Advisors LP now owns 1,684,977 shares of the construction company’s stock valued at $14,019,000 after acquiring an additional 17,390 shares during the last quarter. 70.25% of the stock is currently owned by institutional investors and hedge funds.

Orion Group Company Profile

Orion Group (NYSE:ORN) is a global provider of specialized staffing and workforce solutions, serving clients across the energy, industrial, and technical sectors. The company offers a range of services including engineering and technical recruitment, information technology staffing, and comprehensive workforce management. Orion Group focuses on delivering qualified talent for complex projects, from exploration and production in the oil and gas industry to large-scale infrastructure and manufacturing initiatives.

Founded in 1972 and headquartered in Jacksonville, Florida, Orion Group has grown its operations to support projects in North America, Europe, the Middle East, and the Asia–Pacific region.