CRA International (NASDAQ:CRAI) was downgraded by BidaskClub from a “buy” rating to a “hold” rating in a research report issued on Thursday.
Other equities analysts have also recently issued reports about the stock. Zacks Investment Research cut shares of CRA International from a “buy” rating to a “hold” rating in a research note on Tuesday, December 26th. ValuEngine cut shares of CRA International from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.
CRA International (NASDAQ:CRAI) opened at $48.00 on Thursday. The firm has a market cap of $383.97, a price-to-earnings ratio of 34.53 and a beta of 0.80. CRA International has a 52 week low of $31.77 and a 52 week high of $49.31.
In other CRA International news, CFO Chad M. Holmes sold 1,700 shares of CRA International stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $43.17, for a total value of $73,389.00. Following the completion of the transaction, the chief financial officer now directly owns 11,055 shares of the company’s stock, valued at approximately $477,244.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Rowland Moriarty sold 10,000 shares of CRA International stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $46.10, for a total transaction of $461,000.00. Following the completion of the transaction, the director now directly owns 38,471 shares of the company’s stock, valued at $1,773,513.10. The disclosure for this sale can be found here. Insiders sold a total of 25,000 shares of company stock valued at $1,108,417 over the last three months. Corporate insiders own 4.70% of the company’s stock.
Several large investors have recently modified their holdings of the business. Teachers Advisors LLC grew its stake in shares of CRA International by 5.2% in the 2nd quarter. Teachers Advisors LLC now owns 16,174 shares of the business services provider’s stock worth $587,000 after buying an additional 798 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of CRA International by 31.7% in the 2nd quarter. Nordea Investment Management AB now owns 5,400 shares of the business services provider’s stock worth $196,000 after buying an additional 1,300 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of CRA International by 2.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 96,667 shares of the business services provider’s stock worth $3,511,000 after purchasing an additional 2,258 shares during the period. SG Americas Securities LLC purchased a new position in shares of CRA International during the 3rd quarter worth about $128,000. Finally, New York State Common Retirement Fund boosted its stake in shares of CRA International by 48.0% during the 2nd quarter. New York State Common Retirement Fund now owns 12,286 shares of the business services provider’s stock worth $446,000 after purchasing an additional 3,985 shares during the period. 85.08% of the stock is owned by institutional investors and hedge funds.
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About CRA International
CRA International, Inc is a global consulting firm. The Company provides economic, financial and management consulting services. The Company consulting services in two areas: litigation, regulatory, and financial consulting and management consulting. The Company provides services, such as economic capability, analyses and testimony in areas, such as Antitrust & Competition; Damages & Valuation; Financial Accounting & Valuation; Financial Economics; Forensic & Cyber Investigations; Insurance Economics; Intellectual Property; International Arbitration; Labor & Employment; Mergers & Acquisitions; Regulatory Economics & Compliance; Securities & Financial Markets, and Transfer Pricing.
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