Tutor Perini Corporation, formerly Perini Corporation, is a
construction services company offering diversified general
contracting, construction management and design/build services to
private clients and public agencies throughout the world. Tutor
Perini Corp. has a market cap of $560.7 million; its shares were
traded at around $11.04 with a P/E ratio of 6.8 and P/S ratio of
0.1. Tutor Perini Corp. had an annual average earnings growth of
17.6% over the past 10 years.
On June 13, 2012, Chairman & CEO, 10% Owner of Tutor Perini
) Ronald N. Tutor sold 281,668 shares at an average price of
$11.46. The total transaction amount is $3,227,915.
Mr. Tutor has served as Tutor Perini Corp.'s CEO since March
2000, as Chairman since July 1999, and as director since January
1997. Before serving at Tutor Perini, he was the Chairman,
President and Chief Executive Officer of Tutor-Saliba Corporation
until it merged with the company in September 2008.
In March, Ronald Tutor has sold 800,000 shares of TPC stock. In
December, Tutor has also sold 150,000 shares of TPC stock at the
average price of $12.59.
increased his position in TPC. He owns 1,300,849 shares as March
31, an increase of 23.05% from the previous quarter.
has left his position in the company unchanged or slightly
adjusted. As of March 31, he owns 2,297,026 shares.
On May 4, 2012, Tutor Perini Corporation (
) reported their 2012 first quarter financial results. The
company announced revenues of $912.5 million, compared to the
615.3 million in the first quarter of 2011. They also announced
net loss of $1.2 million for this quarter, compared to the net
income of $6.9 million for last year's quarter.
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