3,269 Shares in CRA International, Inc. (NASDAQ:CRAI) Purchased by SG Americas Securities LLC

SG Americas Securities LLC bought a new stake in shares of CRA International, Inc. (NASDAQ:CRAI - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 3,269 shares of the business services provider's stock, valued at approximately $573,000.

Several other hedge funds also recently modified their holdings of the business. Bridge City Capital LLC boosted its position in shares of 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 in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of CRA International by 21.9% in the first quarter. Russell Investments Group Ltd. now owns 10,630 shares of the business services provider's stock valued at $1,590,000 after buying an additional 1,912 shares during the period. Isthmus Partners LLC increased its position in shares of CRA International by 55.3% during the first quarter. Isthmus Partners LLC now owns 28,675 shares of the business services provider's stock worth $4,289,000 after acquiring an additional 10,213 shares in the last quarter. Dearborn Partners LLC raised its holdings in shares of CRA International by 22.2% during the first quarter. Dearborn Partners LLC now owns 9,673 shares of the business services provider's stock worth $1,447,000 after acquiring an additional 1,757 shares during the period. Finally, Kennedy Capital Management LLC lifted its position in CRA International by 3.6% in the 1st quarter. Kennedy Capital Management LLC now owns 3,324 shares of the business services provider's stock valued at $497,000 after acquiring an additional 117 shares in the last quarter. Institutional investors own 84.13% of the company's stock.

Insider Buying and Selling

In other news, CEO Paul A. Maleh sold 7,500 shares of the stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $158.33, for a total value of $1,187,475.00. Following the completion of the sale, the chief executive officer now owns 159,212 shares of the company's stock, valued at approximately $25,208,035.96. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other CRA International news, CFO Daniel K. Mahoney sold 1,000 shares of the business's stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $155.21, for a total transaction of $155,210.00. Following the transaction, the chief financial officer now owns 11,624 shares of the company's stock, valued at $1,804,161.04. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Paul A. Maleh sold 7,500 shares of the company's stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $158.33, for a total value of $1,187,475.00. Following the completion of the sale, the chief executive officer now owns 159,212 shares in the company, valued at $25,208,035.96. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,750 shares of company stock worth $1,695,720. Corporate insiders own 5.20% of the company's stock.

CRA International Price Performance

NASDAQ:CRAI traded down $1.13 during trading hours on Tuesday, reaching $191.09. 54,437 shares of the stock were exchanged, compared to its average volume of 37,887. The stock has a market cap of $1.32 billion, a PE ratio of 31.22, a PEG ratio of 1.66 and a beta of 1.14. CRA International, Inc. has a twelve month low of $81.29 and a twelve month high of $196.03. The firm has a 50 day moving average of $166.29 and a 200 day moving average of $165.64.

CRA International (NASDAQ:CRAI - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The business services provider reported $1.83 EPS for the quarter, topping analysts' consensus estimates of $1.49 by $0.34. CRA International had a net margin of 6.17% and a return on equity of 22.37%. The business had revenue of $171.44 million for the quarter, compared to analyst estimates of $167.87 million. During the same quarter in the previous year, the firm posted $1.42 earnings per share. Equities research analysts anticipate that CRA International, Inc. will post 6.93 earnings per share for the current year.

CRA International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, August 27th were given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend was Tuesday, August 27th. CRA International's dividend payout ratio is currently 27.45%.

Analysts Set New Price Targets

Separately, StockNews.com cut CRA International from a "buy" rating to a "hold" rating in a report on Tuesday, October 8th.

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.