CRA International (NASDAQ:CRAI) Stock Passes Above Two Hundred Day Moving Average of $111.25

CRA International, Inc. (NASDAQ:CRAI) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $111.25 and traded as high as $142.97. CRA International shares last traded at $141.40, with a volume of 33,904 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com raised shares of CRA International from a “buy” rating to a “strong-buy” rating in a research report on Monday, March 4th.

CRA International Stock Down 0.6 %

The firm’s 50 day simple moving average is $133.52 and its two-hundred day simple moving average is $111.25. The stock has a market capitalization of $984.85 million, a P/E ratio of 26.19, a P/E/G ratio of 1.52 and a beta of 1.22.

CRA International (NASDAQ:CRAI) last issued its earnings results on Thursday, February 29th. The business services provider reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.53. CRA International had a return on equity of 19.01% and a net margin of 6.17%. The business had revenue of $161.61 million during the quarter, compared to analyst estimates of $149.51 million. As a group, equities research analysts expect that CRA International, Inc. will post 5.88 earnings per share for the current year.

CRA International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 12th were given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date was Monday, March 11th. CRA International’s payout ratio is 31.11%.

Insider Buying and Selling

In other news, EVP Jonathan D. Yellin sold 1,250 shares of CRA International stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $136.62, for a total transaction of $170,775.00. Following the completion of the transaction, the executive vice president now directly owns 21,587 shares in the company, valued at $2,949,215.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Thomas Aiken Avery sold 1,000 shares of the company’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $138.05, for a total transaction of $138,050.00. Following the completion of the sale, the director now owns 15,504 shares in the company, valued at $2,140,327.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Jonathan D. Yellin sold 1,250 shares of the firm’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $136.62, for a total value of $170,775.00. Following the transaction, the executive vice president now owns 21,587 shares in the company, valued at $2,949,215.94. The disclosure for this sale can be found here. Insiders have sold a total of 10,750 shares of company stock worth $1,487,085 in the last ninety days. Corporate insiders own 5.30% of the company’s stock.

Institutional Trading of CRA International

Several institutional investors have recently made changes to their positions in the company. Bridge City Capital LLC boosted its holdings in CRA International by 4.9% during the first quarter. Bridge City Capital LLC now owns 4,810 shares of the business services provider’s stock worth $719,000 after purchasing an additional 223 shares during the last quarter. Isthmus Partners LLC boosted its stake in shares of CRA International by 5.7% in the 4th quarter. Isthmus Partners LLC now owns 18,462 shares of the business services provider’s stock worth $1,825,000 after buying an additional 989 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of CRA International by 2.0% in the 4th quarter. BNP Paribas Financial Markets now owns 10,284 shares of the business services provider’s stock worth $1,017,000 after buying an additional 206 shares during the last quarter. Spinnaker Trust bought a new position in shares of CRA International in the fourth quarter valued at approximately $1,953,000. Finally, Foundry Partners LLC increased its position in shares of CRA International by 7.5% during the fourth quarter. Foundry Partners LLC now owns 46,555 shares of the business services provider’s stock valued at $4,602,000 after acquiring an additional 3,245 shares during the last quarter. Institutional investors own 84.13% of the company’s stock.

CRA International Company Profile

CRA International, Inc, together with its subsidiaries, provides economic, financial, and management consulting services worldwide. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues.