Insider Selling: CRA International EVP Sells 6,000 Shares of Stock (CRAI)
CRA International (NASDAQ:CRAI) EVP Arnold J. Lowenstein unloaded 6,000 shares of CRA International stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $25.00, for a total transaction of $150,000.00. Following the completion of the sale, the executive vice president now directly owns 28,041 shares in the company, valued at approximately $701,025. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of CRA International (NASDAQ:CRAI) traded up 2.09% on Tuesday, hitting $25.45. 91,620 shares of the company’s stock traded hands. CRA International has a 1-year low of $16.59 and a 1-year high of $25.50. The stock has a 50-day moving average of $24.03 and a 200-day moving average of $22.11. The company has a market cap of $252.0 million and a price-to-earnings ratio of 18.47.
CRA International (NASDAQ:CRAI) last released its earnings data on Thursday, July 24th. The company reported $0.32 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.31 by $0.01. Analysts expect that CRA International will post $1.37 EPS for the current fiscal year.
Separately, analysts at Zacks upgraded shares of CRA International from a “neutral” rating to an “outperform” rating in a research note on Thursday, July 31st. They now have a $29.00 price target on the stock.
CRA International, Inc is a global consulting firm. The Company offers economic, financial, and management consulting firm that applies analytic techniques and in-depth industry knowledge to complex engagements for a range of clients.
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