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

CRA International, Inc. (NASDAQ:CRAI) CEO Paul A. Maleh sold 7,500 shares of the firm’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $191.55, for a total value of $1,436,625.00. Following the sale, the chief executive officer now directly owns 151,712 shares in the company, valued at approximately $29,060,433.60. The trade was a 4.71 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

CRA International Trading Up 1.1 %

Shares of CRAI opened at $192.62 on Thursday. CRA International, Inc. has a 12 month low of $92.07 and a 12 month high of $208.38. The stock’s 50 day moving average is $183.77 and its two-hundred day moving average is $174.13. The firm has a market cap of $1.31 billion, a P/E ratio of 31.17, a PEG ratio of 1.64 and a beta of 1.13.

CRA International (NASDAQ:CRAI) last released its quarterly earnings data on Thursday, October 31st. The business services provider reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.19. CRA International had a return on equity of 24.46% and a net margin of 6.41%. The company had revenue of $167.75 million for the quarter, compared to analyst estimates of $166.83 million. During the same quarter in the previous year, the company posted $1.13 earnings per share. Equities research analysts forecast that CRA International, Inc. will post 7.08 EPS for the current year.

CRA International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Tuesday, November 26th will be issued a $0.49 dividend. This represents a $1.96 annualized dividend and a dividend yield of 1.02%. The ex-dividend date is Tuesday, November 26th. This is an increase from CRA International’s previous quarterly dividend of $0.42. CRA International’s payout ratio is currently 31.72%.

Institutional Investors Weigh In On CRA International

Institutional investors and hedge funds have recently modified their holdings of the company. SG Americas Securities LLC purchased a new stake in shares of CRA International in the 1st quarter valued at $115,000. Quantbot Technologies LP acquired a new position in CRA International during the 3rd quarter worth $164,000. Marshall Wace LLP acquired a new position in CRA International during the 2nd quarter worth $221,000. Arkadios Wealth Advisors grew its stake in CRA International by 2.5% during the 2nd quarter. Arkadios Wealth Advisors now owns 3,000 shares of the business services provider’s stock worth $517,000 after purchasing an additional 74 shares in the last quarter. Finally, Harbor Capital Advisors Inc. grew its stake in CRA International by 12.1% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 3,009 shares of the business services provider’s stock worth $518,000 after purchasing an additional 324 shares in the last quarter. Hedge funds and other institutional investors own 84.13% of the company’s stock.

Analyst Ratings Changes

CRAI has been the subject of several research analyst reports. Barrington Research raised their price objective on CRA International from $194.00 to $212.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. StockNews.com cut CRA International from a “buy” rating to a “hold” rating in a research note on Friday, November 1st.

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.