Insider Selling: FTI Consulting CFO Sells 21,736 Shares of Stock (FCN)
FTI Consulting (NYSE:FCN) CFO Roger D. Carlile sold 21,736 shares of the company’s stock in a transaction dated Thursday, June 19th. The stock was sold at an average price of $36.90, for a total value of $802,058.40. Following the sale, the chief financial officer now directly owns 18,252 shares in the company, valued at approximately $673,499. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
FTI Consulting (NYSE:FCN) traded up 1.40% during mid-day trading on Monday, hitting $37.58. 482,616 shares of the company’s stock traded hands. FTI Consulting has a 1-year low of $28.23 and a 1-year high of $46.73. The stock’s 50-day moving average is $32.11 and its 200-day moving average is $35.1. The company’s market cap is $1.482 billion.
FTI Consulting (NYSE:FCN) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.41 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.26 by $0.15. The company had revenue of $425.60 million for the quarter, compared to the consensus estimate of $415.17 million. During the same quarter in the prior year, the company posted $0.59 earnings per share. The company’s quarterly revenue was up 4.5% on a year-over-year basis. Analysts expect that FTI Consulting will post $1.62 EPS for the current fiscal year.
A number of analysts have recently weighed in on FCN shares. Analysts at Macquarie upgraded shares of FTI Consulting from a “neutral” rating to an “outperform” rating in a research note on Monday. Separately, analysts at Deutsche Bank raised their price target on shares of FTI Consulting from $30.00 to $36.00 in a research note on Tuesday, June 17th. They now have a “hold” rating on the stock. Finally, analysts at Zacks upgraded shares of FTI Consulting from an “underperform” rating to a “neutral” rating in a research note on Thursday, May 8th. They now have a $32.00 price target on the stock.
FTI Consulting, Inc (NYSE:FCN) is a global business advisory firm.
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