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David King Biography and Net Worth

Director of Primoris Services

DAVID L. KING has served as our Chairman since May 2019 and as one of our Directors since May 2015. He served as our Chief Executive Officer from August 2015 until November 2019, and also served as our President from August 2015 until April 2019. Prior to that, Mr. King was our Executive Vice President, Chief Operating Officer since March 2014. Prior to joining Primoris, Mr. King spent several years at Chicago Bridge & Iron ("CB&I"), a large NYSE listed construction company that was acquired by McDermott International, most recently as President of Lummus Engineered Products from 2013 to March 2014. From 2010 to 2013 he was President of CB&I Project Engineering & Construction based in The Hague, Netherlands responsible for worldwide operations. From 2009 to 2010 he was Group Vice President for Downstream Operations for CB&I Lummus located in The Woodlands, Texas. Mr. King also managed and helped establish the Global Services Group for CB&I in 2008. He has extensive Engineering, Procurement, Fabrication and Construction industry experience in energy-related projects, liquefied natural gas, offshore, pipelines, refining, petrochemicals, gas processing, oil sands, synthesis gas and gas-to-liquids.

Recognized as NACD Directorship Certified by the National Association of Corporate Directors, Mr. King received his bachelor's degree in Mechanical Engineering from Texas Tech University, an MBA from the University of Texas, Tyler, and an Advanced Executive Management Degree from INSEAD in Fontainebleau, France.

What is David Lee King's net worth?: The estimated net worth of David Lee King is at least $1.68 million as of June 14th, 2024. Mr. King owns 27,517 shares of Primoris Services stock worth more than $1,684,866 as of October 10th. This net worth approximation does not reflect any other assets that Mr. King may own. Learn More about David Lee King's net worth.
How do I contact David Lee King?: The corporate mailing address for Mr. King and other Primoris Services executives is 2300 N. Field Street Suite1900, Dallas TX, 75201. Primoris Services can also be reached via phone at (214) 740-5600 and via email at [email protected]. Learn More on David Lee King's contact information.
Has David Lee King been buying or selling shares of Primoris Services?: David Lee King has not been actively trading shares of Primoris Services within the last three months. Most recently, David Lee King sold 2,500 shares of the business's stock in a transaction on Friday, June 14th. The shares were sold at an average price of $52.86, for a transaction totalling $132,150.00. Following the completion of the sale, the director now directly owns 27,517 shares of the company's stock, valued at $1,454,548.62. Learn More on David Lee King's trading history.
Who are Primoris Services' active insiders?: Primoris Services' insider roster includes David King (Director), Terry Mccallister (Director), and John Perisich (Chief Legal and Administrative Officer). Learn More on Primoris Services' active insiders.
Are insiders buying or selling shares of Primoris Services?: During the last year, insiders at the construction company sold shares 17 times. They sold a total of 223,246 shares worth more than $9,951,976.87. The most recent insider tranaction occured on September, 19th when Director John P Schauerman sold 25,000 shares worth more than $1,481,250.00. Insiders at Primoris Services own 1.4% of the company. Learn More about insider trades at Primoris Services.
Information on this page was last updated on 9/19/2024.

David Lee King Insider Trading History at Primoris Services

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
6/14/2024	Sell	2,500	$52.86	$132,150.00	27,517
3/13/2024	Sell	2,500	$40.69	$101,725.00	29,217
11/9/2023	Sell	5,000	$30.81	$154,050.00	30,719
3/6/2023	Sell	10,000	$27.36	$273,600.00	32,354
3/15/2022	Sell	20,000	$26.51	$530,200.00
11/8/2019	Sell	8,929	$22.26	$198,759.54	6,242
9/21/2018	Sell	7,866	$25.44	$200,111.04	6,242
2/26/2018	Buy	7,866	$20.87	$164,163.42	14,108
12/1/2017	Sell	9,077	$27.43	$248,982.11	6,242

David Lee King Buying and Selling Activity at Primoris Services

Primoris Services Company Overview

Primoris Services Corporation, a specialty contractor company, provides a range of specialty construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. The company operates through Utilities and Energy/Renewables segments. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, and petrochemical industries, as well as state departments of transportation. It also offers pipeline construction and maintenance, and storage services; pipeline facility, and integrity services. Primoris Services Corporation was founded in 1960 and is headquartered in Dallas, Texas.

Today's Range

Now: $61.23

$60.52

$61.51

50 Day Range

MA: $54.76

$48.03

$61.23

2 Week Range

Now: $61.23

$28.96

$61.93

Volume

265,055 shs

Average Volume

522,367 shs

Market Capitalization

$3.29 billion

P/E Ratio

23.11

Dividend Yield

0.40%

Beta

1.07

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