Dennis Oklak Sells Tutor Perini Shares
Dennis Oklak sold 12,000 shares of Tutor Perini Corporation on June 17, 2026.
Key Points
- Dennis Oklak sold 12,000 shares of Tutor Perini Corporation, with the stock trading at $77.99 on June 17, 2026.
- Tutor Perini has a market cap of about $4.12 billion and a P/E ratio of 53.42, with shares near their 52-week high of $100.00.
- Recent insider activity includes multiple sales by Robert Lieber and purchases by Shah Shahrokh and Dale Anne Reiss.
Dennis Oklak sold 12,000 shares of Tutor Perini Corporation on June 17, 2026. This transaction was not part of a planned trading program. Shares of the construction company traded at $77.99 on the day of the sale.
Insider Buying and Selling at Tutor Perini Corporation
Apart from Dennis Oklak's recent sale, there have been other notable insider transactions at Tutor Perini. On May 27, 2026, Robert Lieber sold 17,500 shares at an average price of $75.36 and an additional 7,500 shares at no specified price. Earlier in May, insiders like Shah Shahrokh and Dale Anne Reiss purchased shares, with Shahrokh buying 2,337 shares and Reiss acquiring 36,340 shares.
Other Institutional Activity in Tutor Perini Corporation
Institutional investors have also been active in Tutor Perini. BlackRock, Inc. reduced its stake by 322,750 shares, holding a total of 4,397,399 shares valued at approximately $339.4 million. Vanguard Capital Management LLC added 1,970,701 shares, bringing its total to 1,970,701 shares worth about $152.1 million. American Century Companies Inc increased its holdings by 355,815 shares to a total of 1,780,867 shares valued at $137.5 million. Dimensional Fund Advisors LP made a smaller addition of 12,573 shares, ending with 1,732,254 shares worth $133.7 million.
Tutor Perini Corporation Stock Snapshot
Tutor Perini Corporation, trading on the NYSE under the ticker TPC, has a market cap of approximately $4.12 billion. The stock's P/E ratio stands at 53.42, with a forward P/E of 12.95. The company has a beta of 2.078, indicating higher volatility compared to the market. The stock's 52-week range is between $41.16 and $100.00, with current trading near its 52-week high. The 50-day moving average is $80.52, while the 200-day moving average is $72.80.
Recent Earnings
In the most recent quarter, Tutor Perini reported revenue of $5.69 billion, reflecting a growth of 11.5%. The net margin was 1.37%, and the return on equity was 11.41%. The company's earnings per share (EPS) was $1.46. Tutor Perini is expected to announce its next earnings on August 5, 2026.
Analysts Set New Price Targets
Analysts have been active in setting targets for Tutor Perini's stock. On March 2, 2026, UBS maintained its 'buy' rating with a price target of $98. The consensus among analysts is a 'buy' rating, with a mean price target of $113.25 based on four opinions.
About Tutor Perini Corporation
Tutor Perini Corporation is an industrial company based in Sylmar, California. It provides a range of construction services, including general contracting, construction management, and design-build services. The company operates through three segments: Civil, Building, and Specialty Contractors, serving both private and public sectors in the U.S. and internationally. Tutor Perini employs approximately 7,400 people and is led by CEO Gary G. Smalley.
Bottom Line
The recent sale by Dennis Oklak is part of ongoing insider trading activity at Tutor Perini Corporation. With a robust market presence and active institutional interest, the company remains under watch. Investors often track such insider transactions as part of their broader strategy, but it's important to remember that these filings are historical and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
