The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Tutor Perini Corp shares valued at $2,882,000 were sold by ONEGLIA RAYMOND R on Nov 21 ’24. At $28.82 per share, ONEGLIA RAYMOND R sold 100,000 shares. The insider’s holdings dropped to 300,000 shares worth approximately $8.96 million following the completion of this transaction.
Also, ONEGLIA RAYMOND R sold 100,000 shares, netting a total of over 2,873,199 in proceeds. Following the sale of shares at $28.73 each, the insider now holds 400,000 shares.
Before that, ONEGLIA RAYMOND R had sold 50,000 shares from its account. In a trade valued at $1,434,000, the Director traded Tutor Perini Corp shares for $28.68 each. Upon closing the transaction, the insider’s holdings decreased to 50,000 shares, worth approximately $7.47 million.
As published in their initiating research note from Vertical Research on December 10, 2024, Tutor Perini Corp [TPC] has been a Buy and the price target has been revised to $38. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid June. As of February 28, 2022, B. Riley Securities has reiterated its “Buy” rating for TPC. Earlier on November 05, 2020, B. Riley Securities resumed its rating. Their recommendation was “a Buy” for TPC stock.
Analyzing TPC Stock Performance
During the last five days, there has been a surge of approximately 35.65%. Over the course of the year, Tutor Perini Corp shares have jumped approximately 23.43%. Shares of the company reached a 52-week high of $30.29 on 05/08/25 and a 52-week low of $18.33 on 04/21/25. A 50-day SMA is recorded $23.53, while a 200-day SMA reached $24.65.
Support And Resistance Levels for Tutor Perini Corp (TPC)
According to the 24-hour chart, there is a support level at 26.72, which, if violated, would cause prices to drop to 23.58. In the upper region, resistance lies at 31.65. The next price resistance is at 33.44. RSI (Relative Strength Index) is 76.54 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.29, which suggests the price will increase in the coming days. Percent R is at 3.51%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
