Sen. Markwayne Mullin Sells Off Shares of MasTec, Inc. (NYSE:MTZ)

Posted by Defense World Staff on Jan 15th, 2026

Senator Markwayne Mullin (R-Oklahoma) recently sold shares of MasTec, Inc. (NYSE:MTZ). In a filing disclosed on January 13th, the Senator disclosed that they had sold between $15,001 and $50,000 in MasTec stock on December 18th.

Senator Markwayne Mullin also recently made the following trade(s):

Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 12/18/2025.
Sold $15,001 – $50,000 in shares of Applied Industrial Technologies (NYSE:AIT) on 12/18/2025.
Sold $1,001 – $15,000 in shares of Primo Brands (NYSE:PRMB) on 12/18/2025.
Sold $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 12/18/2025.
Sold $15,001 – $50,000 in shares of Dell Technologies (NYSE:DELL) on 12/18/2025.
Sold $1,001 – $15,000 in shares of Stride (NYSE:LRN) on 12/18/2025.
Sold $15,001 – $50,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 12/18/2025.
Sold $15,001 – $50,000 in shares of Iron Mountain (NYSE:IRM) on 12/18/2025.
Sold $1,001 – $15,000 in shares of Iron Mountain (NYSE:IRM) on 12/18/2025.
Sold $1,001 – $15,000 in shares of Primo Brands (NYSE:PRMB) on 12/17/2025.

MasTec Stock Performance

Shares of MasTec stock opened at $225.56 on Thursday. The business has a 50-day simple moving average of $214.41 and a 200-day simple moving average of $198.41. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.30 and a current ratio of 1.33. MasTec, Inc. has a one year low of $99.70 and a one year high of $237.76. The company has a market cap of $17.80 billion, a PE ratio of 53.58 and a beta of 1.91.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on MTZ shares. Wall Street Zen downgraded shares of MasTec from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 19th. UBS Group increased their target price on MasTec from $206.00 to $252.00 and gave the company a “buy” rating in a report on Wednesday, October 1st. Barclays raised their price target on MasTec from $200.00 to $240.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Stifel Nicolaus upped their price objective on MasTec from $240.00 to $267.00 and gave the stock a “buy” rating in a research report on Tuesday, December 16th. Finally, Jefferies Financial Group raised their target price on MasTec from $218.00 to $252.00 and gave the stock a “buy” rating in a research report on Wednesday, October 1st. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $233.06.

Read Our Latest Report on MTZ

Insider Buying and Selling

In other MasTec news, CAO Timothy Michael Love sold 1,929 shares of MasTec stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $206.15, for a total value of $397,663.35. Following the sale, the chief accounting officer owned 9,757 shares of the company’s stock, valued at approximately $2,011,405.55. The trade was a 16.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 21.30% of the stock is currently owned by insiders.

Institutional Trading of MasTec

A number of large investors have recently made changes to their positions in the company. Victory Capital Management Inc. grew its position in MasTec by 9,550.8% in the 3rd quarter. Victory Capital Management Inc. now owns 946,555 shares of the construction company’s stock valued at $201,295,000 after buying an additional 936,747 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in shares of MasTec by 370.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 506,857 shares of the construction company’s stock worth $86,384,000 after acquiring an additional 399,007 shares during the period. 140 Summer Partners LP purchased a new stake in shares of MasTec in the third quarter valued at about $81,514,000. First Trust Advisors LP increased its stake in shares of MasTec by 52.1% during the third quarter. First Trust Advisors LP now owns 1,022,175 shares of the construction company’s stock worth $217,529,000 after acquiring an additional 350,228 shares during the period. Finally, Merewether Investment Management LP increased its stake in shares of MasTec by 59.8% during the third quarter. Merewether Investment Management LP now owns 867,240 shares of the construction company’s stock worth $184,557,000 after acquiring an additional 324,500 shares during the period. 78.10% of the stock is owned by institutional investors and hedge funds.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

About MasTec

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MasTec, Inc is a diversified infrastructure construction company that provides engineering, fabrication, installation and maintenance services across a broad range of end markets. Its principal activities encompass the development of communications networks, oil and gas pipeline systems, electrical transmission and distribution facilities, industrial installations and renewable energy projects.

The company traces its roots to a small cable installation operation in Miami and has grown through a series of strategic acquisitions to become one of the largest infrastructure contractors in North America.