8 stories mentioning PSN
Every FINWIRES story that references PSN, newest first.
George L. Ball, Director, on May 13, 2026, executed a purchase for 10,000 shares in Parsons (PSN) for $500,000. Following the Form 4 filing with the SEC, Ball has control over a total of 355,383 common shares of the company, with 150,383 shares held directly and 205,000 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/275880/000119312526224189/xslF345X05/ownership.xml
Carey A. Smith, Director, President & CEO, on May 08, 2026, executed a purchase for 12,500 shares in Parsons (PSN) for $624,645. Following the Form 4 filing with the SEC, Smith has control over a total of 580,852 common shares of the company, with 575,376 shares held directly and 5,476 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/275880/000119312526216914/xslF345X05/ownership.xml
Parsons (PSN) said Thursday the Defense Threat Reduction Agency exercised option year three on the Vulnerability Assessments task order under the agency's Assessments, Exercises, Modeling and Simulation Support IDIQ contract, valued at $34 million for a one-year performance period.The task order was originally awarded in 2023 and the agency has now exercised three of the four option years available under the contract.Parsons said it will continue supporting the agency's Nuclear Enterprise Mission Assurance department through vulnerability assessments, technical support projects, design review and operational support.Price: $51.56, Change: $-0.12, Percent Change: -0.23%
Parsons (PSN) said Tuesday that it has received a position on a $2 billion multiple award task order contract by the US Army Corps of Engineers to deliver energy resilience and infrastructure modernization projects at military installations.The contract supports the US Department of Defense's Energy Resilience and Conservation Investment Program, or ERCIP, which has a three-year base performance period with seven additional one-year options, the company said.Under the contract, the company said it will compete for task orders to provide design-build services for ERCIP projects.Price: $49.83, Change: $-0.20, Percent Change: -0.39%
Parsons (PSN) and Everywhere Communications are launching a partnership to support autonomous drone projects under a Small Business Innovation Research initiative, Everywhere said Monday.The project was designed to support drone operations in disconnected and austere environments, the company said.Everywhere said it is deploying a transport layer using Iridium Satellite to allow drones to operate autonomously while sending sensor data back to operators.Parsons will provide TAK-as-a-Service technology to support services designed to meet the operational needs of the Department of War and Federal agencies, according to the statement.Financial details were not provided.Price: $51.80, Change: $+0.93, Percent Change: +1.83%
Technology stocks were leaning lower premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) declining by 0.8%.Alphabet's (GOOG, GOOGL) Google is negotiating with Marvell Technology (MRVL) to develop two new processors optimized for artificial intelligence inference tasks, The Information reported, citing two people with knowledge of the discussions. Shares of Marvell Technology were up more than 5% pre-bell.Meta Platforms (META) plans to initiate its layoffs planned for this year on May 20, with more expected to come later, Reuters reported, citing people familiar with the matter. Meta Platforms shares were down 0.7% premarket.Parsons (PSN) said the Los Angeles Department of Water and Power selected the company to provide demand response technology, integration, and services. Parsons stock was 0.2% lower pre-bell.
Parsons (PSN) has an average rating of overweight and mean price target of $76, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Parsons (PSN) has an average rating of overweight and mean price target of $75.73, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)