ION expands ETF trading capabilities with Tradeweb integration
Director Peter Arkley of Tutor Perini Corp (NYSE:TPC) recently purchased shares of the company’s common stock in a series of transactions, totaling $2.56 million. The construction company has seen remarkable performance, with its stock surging 163% year-to-date and 125% over the past year, according to InvestingPro data.
According to a Form 4 filing with the Securities and Exchange Commission, Arkley acquired 24,853 shares on November 24, 2025, at a price of $63.96. On November 25, 2025, Arkley made two additional purchases, buying 8,898 shares at $64.05 and 6,249 shares at $64.88. The prices for these purchases ranged from $63.96 to $64.88, slightly below the current trading price of $65.16. InvestingPro analysis suggests the stock is trading above its Fair Value, though analyst targets range from $85 to $95, indicating potential further upside.
Following these transactions, Arkley directly owns 191,717 shares of Tutor Perini Corp, now valued at approximately $12.5 million. The company, with a market capitalization of $3.44 billion, has demonstrated strong momentum with a 78% price increase over the past six months. InvestingPro offers 14 additional investment tips for TPC and comprehensive Pro Research Reports that provide actionable intelligence on this and 1,400+ other US equities.
In other recent news, Tutor Perini Corporation reported outstanding third-quarter 2025 earnings, significantly exceeding analyst expectations. The company posted an adjusted earnings per share (EPS) of $1.15, which was a substantial increase from the anticipated $0.60. Revenue for the quarter reached $1.42 billion, surpassing the forecasted $1.38 billion. Additionally, Tutor Perini announced a quarterly cash dividend of $0.06 per share and approved a $200 million share repurchase program. This decision was attributed to the company’s strong performance in the third quarter and year-to-date 2025, with a record operating cash flow of $574.4 million. The firm also reported a record backlog valued at $21.6 billion. These developments reflect the company’s robust financial health and strategic initiatives aimed at enhancing shareholder value.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.