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Ronald N. Tutor, Executive Chairman of Tutor Perini Corp (NASDAQ:TPC), sold 44,312 shares of common stock on September 3, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as TPC trades near its 52-week high of $63.96, having delivered remarkable returns of 190% over the past year. The shares were sold at a weighted average price of $59.13, for a total value of $2.62 million. The prices for the transactions ranged from $58.73 to $59.41. According to InvestingPro analysis, the stock’s technical indicators suggest overbought conditions, with the company now commanding a market capitalization of $3.3 billion.
Following the transaction, Tutor’s marital property trust directly holds 4,270,985 shares of Tutor Perini Corp . He also indirectly holds 771,477 shares through the Ronald N. Tutor Separate Property Trust and 1,533,255 shares through the Ronald N. Tutor 2018 Dynasty Trust. For deeper insights into insider trading patterns and 15+ additional exclusive ProTips, check out the comprehensive TPC analysis on InvestingPro.
In other recent news, Tutor Perini Corporation delivered strong financial results for the second quarter of 2025, significantly surpassing earnings forecasts. The company reported an adjusted earnings per share (EPS) of $1.41, which was well above the projected $0.34. Revenue also exceeded expectations, reaching $1.37 billion compared to the anticipated $1.2 billion. These results highlight the company’s robust performance during the period. Despite the positive earnings report, the stock experienced a slight decline, which may be attributed to profit-taking or broader market trends. Investors will be closely monitoring how these developments impact the company’s future strategies and performance.
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