CRA International, Inc. (NASDAQ:CRAI) CEO Paul A. Maleh Sells 2,000 Shares

CRA International, Inc. (NASDAQ:CRAI) CEO Paul A. Maleh sold 2,000 shares of the company’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $199.37, for a total transaction of $398,740.00. Following the transaction, the chief executive officer now owns 153,806 shares of the company’s stock, valued at approximately $30,664,302.22. This represents a 1.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

CRA International Stock Performance

NASDAQ CRAI opened at $194.59 on Thursday. The stock has a 50 day moving average price of $187.72 and a 200-day moving average price of $182.79. CRA International, Inc. has a one year low of $114.00 and a one year high of $214.01. The company has a market capitalization of $1.32 billion, a P/E ratio of 28.87, a P/E/G ratio of 1.75 and a beta of 1.13.

CRA International (NASDAQ:CRAI) last released its quarterly earnings data on Thursday, February 20th. The business services provider reported $2.03 EPS for the quarter, beating the consensus estimate of $1.59 by $0.44. CRA International had a net margin of 6.79% and a return on equity of 25.95%. The business had revenue of $176.44 million during the quarter, compared to analyst estimates of $166.29 million. As a group, equities analysts predict that CRA International, Inc. will post 7.52 EPS for the current fiscal year.

CRA International Dividend Announcement

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 given a $0.49 dividend. The ex-dividend date is Tuesday, March 4th. This represents a $1.96 annualized dividend and a yield of 1.01%. CRA International’s dividend payout ratio is currently 29.08%.

Analyst Ratings Changes

Several analysts have commented on the stock. StockNews.com cut shares of CRA International from a “buy” rating to a “hold” rating in a research note on Friday, November 1st. Barrington Research boosted their target price on CRA International from $212.00 to $224.00 and gave the stock an “outperform” rating in a research report on Monday.

Institutional Investors Weigh In On CRA International

Large investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP purchased a new position in shares of CRA International in the 3rd quarter worth approximately $164,000. Ameriprise Financial Inc. bought a new stake in CRA International in the fourth quarter worth $249,000. KLP Kapitalforvaltning AS purchased a new position in CRA International during the fourth quarter worth $281,000. Harbor Capital Advisors Inc. increased its position in CRA International by 2.9% during the third quarter. Harbor Capital Advisors Inc. now owns 3,095 shares of the business services provider’s stock valued at $543,000 after acquiring an additional 86 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of CRA International by 3.3% in the fourth quarter. Farther Finance Advisors LLC now owns 3,418 shares of the business services provider’s stock valued at $640,000 after acquiring an additional 108 shares during the period. 84.13% of the stock is owned by institutional investors.

About CRA International

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.