Cardinal Infrastructure Group (CDNL) – Investment Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Cardinal Infrastructure Group (NASDAQ: CDNL):

• 10/23/2026 – Cardinal Infrastructure Group was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
• 10/19/2026 – Cardinal Infrastructure Group had its price target lowered by Truist Financial from $40.00 to $30.00. They now have a “buy” rating on the stock.
• 10/15/2026 – Cardinal Infrastructure Group was downgraded by Zacks Research from “hold” to “strong sell”.
• 10/8/2026 – Cardinal Infrastructure Group was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 9/25/2026 – Cardinal Infrastructure Group is now covered by Truist Financial. They set a “buy” rating and a $40.00 price target on the stock.
• 9/22/2026 – Cardinal Infrastructure Group was upgraded by Weiss Ratings from “sell (e+)” to “hold (c)”.

Insider Activity

In related news, Director Richard Bennett Wimmer bought 7,500 shares of the company’s stock in a transaction on Monday, August 17th. The stock was bought at an average cost of $39.13 per share, with a total value of $293,475.00. Following the completion of the purchase, the director owned 29,349 shares in the company, valued at approximately $1,148,426.37. The trade was a 34.33% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Jeremy Spivey bought 83,350 shares of Cardinal Infrastructure Group stock in a transaction dated Friday, August 14th. The shares were bought at an average price of $38.41 per share, for a total transaction of $3,201,473.50. Following the completion of the transaction, the chief executive officer directly owned 83,350 shares of the company’s stock, valued at $3,201,473.50. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have purchased 214,597 shares of company stock worth $8,285,516. 61.70% of the stock is currently owned by insiders.

Cardinal Infrastructure Group is a vertically integrated civil infrastructure and site development platform serving residential, commercial, industrial and municipal projects.

CDNL delivers its suite of comprehensive infrastructure services that support the planning, preparation, installation, and development of residential, commercial, industrial, municipal, and state infrastructure projects through wholly owned, market leading subsidiaries. Cardinal’s operations leverage in-house, highly skilled teams and equipment fleets 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.