CRA International, Inc. (NASDAQ:CRAI) Short Interest Down 12.6% in January

CRA International, Inc. (NASDAQ:CRAI - Get Free Report) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 62,900 shares, a decline of 12.6% from the December 31st total of 72,000 shares. Based on an average daily volume of 34,900 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.0% of the company's shares are sold short.

Insider Buying and Selling at CRA International

In other CRA International news, CEO Paul A. Maleh sold 7,500 shares of CRA International stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $191.55, for a total value of $1,436,625.00. Following the sale, the chief executive officer now owns 151,712 shares in the company, valued at $29,060,433.60. The trade was a 4.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 5.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CRA International

Hedge funds and other institutional investors have recently bought and sold shares of the company. Harbor Capital Advisors Inc. increased its stake in CRA International by 2.9% during the third quarter. Harbor Capital Advisors Inc. now owns 3,095 shares of the business services provider's stock worth $543,000 after purchasing an additional 86 shares during the period. Foundry Partners LLC increased its stake in CRA International by 1.0% during the 3rd quarter. Foundry Partners LLC now owns 18,660 shares of the business services provider's stock worth $3,271,000 after buying an additional 180 shares during the period. Quantbot Technologies LP acquired a new stake in CRA International during the 3rd quarter worth approximately $164,000. Marshall Wace LLP purchased a new position in CRA International in the 2nd quarter valued at approximately $221,000. Finally, Arkadios Wealth Advisors boosted its position in CRA International by 48.7% in the 3rd quarter. Arkadios Wealth Advisors now owns 4,460 shares of the business services provider's stock valued at $782,000 after buying an additional 1,460 shares during the period. 84.13% of the stock is currently owned by hedge funds and other institutional investors.

CRA International Stock Up 2.1 %

NASDAQ:CRAI traded up $3.80 during trading hours on Tuesday, reaching $186.23. 23,080 shares of the stock were exchanged, compared to its average volume of 30,854. CRA International has a twelve month low of $104.23 and a twelve month high of $210.70. The business has a 50-day moving average of $187.21 and a two-hundred day moving average of $179.98. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 30.13, a PEG ratio of 1.53 and a beta of 1.13.

Wall Street Analyst Weigh In

CRAI has been the topic of several research analyst reports. Barrington Research boosted their price objective on shares of CRA International from $194.00 to $212.00 and gave the company an "outperform" rating in a report on Friday, November 8th. StockNews.com downgraded shares of CRA International from a "buy" rating to a "hold" rating in a research note on Friday, November 1st.

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.