Tutor Perini Corp’s recent filing unveils that its President SMALLEY GARY G. unloaded Company’s shares for reported $0.21 million on Mar 20 ’24. In the deal valued at $13.28 per share,15,940 shares were sold. As a result of this transaction, SMALLEY GARY G. now holds 68,346 shares worth roughly $ 0.91 million.
Then, SMALLEY GARY G. sold 27,959 shares, generating $364,026 in total proceeds. Upon selling the shares at $13.02, the President now owns 84,286 shares.
Before that, SMALLEY GARY G. sold 27,958 shares. Tutor Perini Corp shares valued at $359,540 were divested by the President at a price of $12.86 per share. As a result of the transaction, SMALLEY GARY G. now holds 112,245 shares, worth roughly $1.49 million.
B. Riley Securities reiterated its Tutor Perini Corp [TPC] rating to a Buy in a research note published on February 28, 2022; the price target was $17. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who remained covering the stock and in early November has reiterated a ‘”a Buy”‘ rating for it. DA Davidson also remained covering TPC and has increased its forecast on July 01, 2019 with a “Buy” recommendation from previously “Neutral” rating. KeyBanc Capital Markets revised its rating on May 09, 2019. It rated TPC as “a Sector weight” which previously was an “an Overweight”.
Price Performance Review of TPC
On Friday, Tutor Perini Corp [NYSE:TPC] saw its stock fall -0.75% to $13.28. Over the last five days, the stock has lost -4.18%. Tutor Perini Corp shares have risen nearly 45.93% since the year began. Nevertheless, the stocks have risen 141.45% over the past one year. While a 52-week high of $16.33 was reached on 04/04/24, a 52-week low of $4.90 was recorded on 01/19/24. SMA at 50 days reached $12.23, while 200 days put it at $9.22. A total of 1.24 million shares were traded, compared to the trading of 0.43 million shares in the previous session.
Levels Of Support And Resistance For TPC Stock
The 24-hour chart illustrates a support level at 13.08, which if violated will result in even more drops to 12.88. On the upside, there is a resistance level at 13.55. A further resistance level may holdings at 13.82. The Relative Strength Index (RSI) on the 14-day chart is 45.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.76%. Stochastics %K at 3.93% indicates the stock is a buying.
