Director Robert C Lieber sold 17,500 shares of TPC at $75.36; stock down 28.5% from 52-week high of $100.00
Robert C Lieber, a director of Tutor Perini, sold 17,500 shares (11.0% of pre-transaction holdings) at $75.36, reducing his stake to 141,910 shares. The transaction occurred when the stock trades at $71.49, down 28.5% from its 52-week high of $100.00 and 16.9% lower over the prior 30 days. While the company shows strong fundamentals—annual revenue growth of 28.1%, a $1.4B quarterly revenue run-rate, and a market cap of $3.8B—the elevated P/E of 47.98 combined with recent price weakness may reflect market reassessment of valuation or growth prospects. The sale does not necessarily signal concern but occurs within a context of meaningful stock depreciation and elevated valuation multiples that warrant monitoring.