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The Advisory Board Company (NASDAQ:ABCO) Insider Hoose Mary Van unloaded 1,333 shares of The Advisory Board Company stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $50.76, for a total transaction of $67,663.08. Following the completion of the transaction, the insider now directly owns 26,885 shares of the company’s stock, valued at approximately $1,364,683. The sale was disclosed in a filing with the SEC, which can be accessed through 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 equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $67.14.

Shares of The Advisory Board Company (NASDAQ:ABCO) traded down 2.16% on Friday, hitting $49.28. 424,869 shares of the company’s stock traded hands. The Advisory Board Company has a 1-year low of $46.37 and a 1-year high of $70.55. The stock’s 50-day moving average is $50.42 and its 200-day moving average is $56.40. 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 announced its earnings results 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. Analysts expect that The Advisory Board Company will post $1.24 EPS 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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