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The Advisory Board Company (NASDAQ:ABCO) Insider Hoose Mary Van sold 1,333 shares of the stock on the open market in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $50.76, for a total transaction of $67,663.08. Following the transaction, the insider now directly owns 26,885 shares in the company, valued at approximately $1,364,683. The transaction was disclosed in a filing with the SEC, which is available at this link.

ABCO has been the subject of a number of recent research reports. Analysts at FBR Capital Markets initiated coverage on shares of The Advisory Board Company in a research note on Thursday. They set a “market perform” rating and a $50.00 price target on the stock. Analysts at Raymond James reiterated an “outperform” rating on shares of The Advisory Board Company in a research note on Friday, August 1st. They now have a $55.00 price target on the stock, down previously from $57.00. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The Advisory Board Company currently has an average rating of “Buy” and an average target price of $67.14.

Shares of The Advisory Board Company (NASDAQ:ABCO) traded down 2.16% on Friday, hitting $49.28. The stock had a trading volume of 424,869 shares. The Advisory Board Company has a one year low of $46.37 and a one year high of $70.55. The stock’s 50-day moving average is $50.47 and its 200-day moving average is $56.50. The company has a market cap of $1.789 billion and a P/E ratio of 104.29.

The Advisory Board Company (NASDAQ:ABCO) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.01. The company had revenue of $141.82 million for the quarter, compared to the consensus estimate of $141.95 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was up 15.1% on a year-over-year basis. On average, analysts predict that The Advisory Board Company will post $1.24 earnings per share for the current fiscal year.

The Advisory Board Companyprovides best practices research and analysis, software tools, and management and advisory services to the health care and education industries.

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