Matrix Service Company Executive Sells Thousands in Stock

New insider activity at Matrix Service Company ( (MTRX) ) has taken place on November 24, 2025.TipRanks Black Friday Sale Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence. Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off Shawn P. Payne, the President of Engineering and Construction at Matrix Service Company, has recently sold 3,019 shares of the company’s stock. This transaction was valued at $34,476. Recent Updates on MTRX stock Matrix Service Company reported a 28% increase in revenue to $211.9 million for the first quarter of fiscal year 2026, driven by strong performance in the Storage and Terminal Solutions and Utility and Power Infrastructure segments. Despite this growth, the company faced challenges including a net loss of $3.7 million, backlog reductions, and restructuring costs. The backlog reduction was due to changes in clients’ commercial strategies, impacting the book-to-bill ratio. The company also achieved its highest gross margin in over two years at 6.7%, attributed to strong project execution. Matrix Service reaffirmed its full-year revenue guidance of $875 million to $925 million and remains focused on operational efficiency and strategic capital allocation. Analysts adjusted their price targets due to these mixed results, considering both the positive revenue growth and ongoing challenges. Spark’s Take on MTRX Stock According to Spark, TipRanks’ AI Analyst, MTRX is a Neutral. Matrix Service Company faces significant challenges, with mixed financial performance and bearish technical indicators. The negative P/E ratio and absence of a dividend yield further weigh on the stock’s attractiveness. Despite these issues, the earnings call provided some optimism with strong revenue growth and improved margins, suggesting potential for recovery. To see Spark’s full report on MTRX stock, click here. More about Matrix Service Company YTD Price Performance: -6.77% Average Trading Volume: 282,885 Technical Sentiment Signal: Sell Current Market Cap: $315.7M