CRA International, Inc. (NASDAQ:CRAI) CEO Paul A. Maleh Sells 7,500 Shares of Stock

CRA International, Inc. (NASDAQ:CRAI) CEO Paul A. Maleh sold 7,500 shares of the business’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $176.28, for a total value of $1,322,100.00. Following the completion of the sale, the chief executive officer now owns 142,022 shares of the company’s stock, valued at $25,035,638.16. This trade represents a 5.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

CRA International Stock Up 1.9 %

Shares of NASDAQ:CRAI opened at $184.00 on Thursday. CRA International, Inc. has a 12-month low of $133.54 and a 12-month high of $214.01. The company’s 50 day moving average price is $187.61 and its two-hundred day moving average price is $184.67. The firm has a market cap of $1.25 billion, a PE ratio of 27.30, a PEG ratio of 1.75 and a beta of 1.09.

CRA International (NASDAQ:CRAI) last posted its quarterly earnings data on Thursday, February 20th. The business services provider reported $2.03 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.44. The firm had revenue of $176.44 million for the quarter, compared to analyst estimates of $166.29 million. CRA International had a return on equity of 25.95% and a net margin of 6.79%. On average, research analysts expect that CRA International, Inc. will post 7.52 EPS for the current year.

CRA International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Tuesday, March 4th will be paid a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend is Tuesday, March 4th. CRA International’s dividend payout ratio (DPR) is presently 29.08%.

Institutional Investors Weigh In On CRA International

Several institutional investors and hedge funds have recently bought and sold shares of CRAI. Geode Capital Management LLC raised its position in shares of CRA International by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 161,208 shares of the business services provider’s stock valued at $28,268,000 after buying an additional 1,559 shares in the last quarter. Eagle Asset Management Inc. increased its stake in CRA International by 178.8% in the third quarter. Eagle Asset Management Inc. now owns 148,221 shares of the business services provider’s stock valued at $25,986,000 after acquiring an additional 95,050 shares during the last quarter. Lord Abbett & CO. LLC raised its position in CRA International by 41.9% during the third quarter. Lord Abbett & CO. LLC now owns 78,136 shares of the business services provider’s stock valued at $13,699,000 after purchasing an additional 23,078 shares in the last quarter. United Capital Financial Advisors LLC bought a new stake in CRA International during the fourth quarter worth $9,389,000. Finally, Foundry Partners LLC boosted its holdings in shares of CRA International by 56.0% in the 4th quarter. Foundry Partners LLC now owns 29,115 shares of the business services provider’s stock valued at $5,450,000 after purchasing an additional 10,455 shares in the last quarter. Institutional investors own 84.13% of the company’s stock.

Analysts Set New Price Targets

Separately, Barrington Research lifted their target price on CRA International from $212.00 to $224.00 and gave the stock an “outperform” rating in a report on Monday, February 24th.

CRA International Company Profile

CRA International, Inc, together with its subsidiaries, provides economic, financial, and management consulting services worldwide. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues.