CRA International, Inc. (NASDAQ:CRAI) Director Christine Rose Detrick Sells 2,500 Shares of Stock

CRA International, Inc. (NASDAQ:CRAIGet Free Report) Director Christine Rose Detrick sold 2,500 shares of CRA International stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $164.06, for a total value of $410,150.00. Following the completion of the sale, the director now owns 4,743 shares of the company’s stock, valued at $778,136.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

CRA International Stock Performance

Shares of NASDAQ:CRAI opened at $167.34 on Wednesday. The company has a 50 day moving average price of $147.75 and a two-hundred day moving average price of $118.68. The company has a market capitalization of $1.16 billion, a PE ratio of 27.34, a PEG ratio of 1.72 and a beta of 1.22. CRA International, Inc. has a 52 week low of $81.29 and a 52 week high of $167.67.

CRA International (NASDAQ:CRAIGet Free Report) last issued its quarterly earnings data on Thursday, February 29th. The business services provider reported $1.63 EPS for the quarter, topping the consensus estimate of $1.10 by $0.53. CRA International had a return on equity of 20.80% and a net margin of 6.73%. The business had revenue of $161.61 million for the quarter, compared to the consensus estimate of $149.51 million. On average, sell-side analysts forecast that CRA International, Inc. will post 5.99 earnings per share for the current year.

CRA International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Tuesday, May 28th will be paid a dividend of $0.42 per share. The ex-dividend date is Friday, May 24th. This represents a $1.68 dividend on an annualized basis and a yield of 1.00%. CRA International’s payout ratio is 27.45%.

Institutional Investors Weigh In On CRA International

Several large investors have recently made changes to their positions in CRAI. BNP Paribas Financial Markets raised its position in CRA International by 2.0% in the 4th quarter. BNP Paribas Financial Markets now owns 10,284 shares of the business services provider’s stock valued at $1,017,000 after buying an additional 206 shares during the last quarter. Bridge City Capital LLC lifted its position in CRA International by 4.9% during the 1st quarter. Bridge City Capital LLC now owns 4,810 shares of the business services provider’s stock worth $719,000 after buying an additional 223 shares in the last quarter. Harbor Capital Advisors Inc. increased its position in shares of CRA International by 12.7% in the fourth quarter. Harbor Capital Advisors Inc. now owns 4,615 shares of the business services provider’s stock valued at $456,000 after acquiring an additional 519 shares during the last quarter. SG Americas Securities LLC bought a new stake in CRA International during the first quarter worth about $115,000. Finally, Isthmus Partners LLC grew its stake in CRA International by 5.7% in the fourth quarter. Isthmus Partners LLC now owns 18,462 shares of the business services provider’s stock valued at $1,825,000 after purchasing an additional 989 shares in the last quarter. Institutional investors own 84.13% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com lowered CRA International from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 3rd.

View Our Latest Analysis on CRA International

About CRA International

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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.

Further Reading

Insider Buying and Selling by Quarter for CRA International (NASDAQ:CRAI)

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