A Director at Tutor Perini Corp (TPC) is Buying Shares


Today, a Director at Tutor Perini Corp (TPC), Sidney Feltenstein, bought shares of TPC for $344.6K.

Following this transaction Sidney Feltenstein’s holding in the company was increased by 59.65% to a total of $912.7K. This is Feltenstein’s first transaction since reporting a Sell transaction on WING back in May 2017

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TPC’s market cap is $852.9M and the company has a P/E ratio of 7.50. Currently, Tutor Perini Corp has an average volume of 299.7K.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $25.00, reflecting a 43.0% upside. Starting in September 2018, TPC received 5 Buy ratings in a row. Four different firms, including B.Riley FBR and KeyBanc, currently also have a Buy rating on the stock.

In the last 30 days, insiders have sold $116.9K worth of TPC shares and purchased $344.6K worth of TPC shares. The insider sentiment on Tutor Perini Corp has been negative according to 36 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Tutor Perini Corp. is a civil and building construction company, which offers general contracting; pre-construction planning; and project management services; including the planning and scheduling of the manpower; equipment; materials; and subcontractors required for a project.

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