The Advisory Board Co. (NASDAQ:ABCO) insider Hoose Mary Van sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $36.98, for a total transaction of $73,960.00. Following the completion of the transaction, the insider now directly owns 37,386 shares of the company’s stock, valued at approximately $1,382,534.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Hoose Mary Van also recently made the following trade(s):

  • On Thursday, November 10th, Hoose Mary Van sold 2,000 shares of The Advisory Board stock. The stock was sold at an average price of $34.26, for a total transaction of $68,520.00.

The Advisory Board Co. (NASDAQ:ABCO) remained flat at $37.15 during midday trading on Thursday. 203,412 shares of the company’s stock were exchanged. The Advisory Board Co. has a one year low of $18.87 and a one year high of $54.83. The firm has a 50-day moving average price of $39.14 and a 200 day moving average price of $38.61. The company’s market capitalization is $1.49 billion.

The Advisory Board (NASDAQ:ABCO) last announced its quarterly earnings data on Tuesday, November 1st. The company reported $0.28 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.40 by $0.12. The Advisory Board had a negative net margin of 5.77% and a positive return on equity of 11.28%. The firm earned $200.50 million during the quarter, compared to analyst estimates of $203.35 million. During the same quarter in the previous year, the business posted $0.33 earnings per share. The Advisory Board’s revenue for the quarter was up .0% compared to the same quarter last year. On average, equities research analysts predict that The Advisory Board Co. will post $1.83 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for The Advisory Board (NASDAQ:ABCO)

Several large investors have recently made changes to their positions in ABCO. Vanguard Group Inc. raised its stake in shares of The Advisory Board by 1.3% in the second quarter. Vanguard Group Inc. now owns 2,968,858 shares of the company’s stock worth $105,068,000 after buying an additional 38,458 shares during the last quarter. TimesSquare Capital Management LLC raised its stake in shares of The Advisory Board by 2.6% in the third quarter. TimesSquare Capital Management LLC now owns 2,700,537 shares of the company’s stock worth $120,822,000 after buying an additional 67,350 shares during the last quarter. TPG Group Holdings SBS Advisors Inc. raised its stake in shares of The Advisory Board by 298.4% in the second quarter. TPG Group Holdings SBS Advisors Inc. now owns 2,144,589 shares of the company’s stock worth $75,897,000 after buying an additional 1,606,256 shares during the last quarter. Janus Capital Management LLC raised its stake in shares of The Advisory Board by 146.3% in the second quarter. Janus Capital Management LLC now owns 1,744,564 shares of the company’s stock worth $61,739,000 after buying an additional 1,036,216 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of The Advisory Board by 6.0% in the first quarter. Royal Bank of Canada now owns 1,252,911 shares of the company’s stock worth $40,406,000 after buying an additional 70,769 shares during the last quarter.

A number of equities analysts recently commented on the stock. Barclays PLC boosted their price objective on shares of The Advisory Board from $41.00 to $44.00 and gave the stock an “overweight” rating in a research note on Thursday, July 28th. Cantor Fitzgerald reissued a “hold” rating and issued a $37.00 price objective on shares of The Advisory Board in a research note on Thursday, July 28th. JPMorgan Chase & Co. assumed coverage on shares of The Advisory Board in a research note on Friday, October 28th. They issued a “buy” rating and a $45.00 price objective for the company. Zacks Investment Research raised shares of The Advisory Board from a “sell” rating to a “hold” rating in a research note on Monday, November 7th. Finally, Oppenheimer Holdings Inc. set a $45.00 price target on The Advisory Board and gave the stock a “buy” rating in a research report on Thursday, July 28th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $43.25.

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About The Advisory Board

The Advisory Board Company is a provider of software and solutions to the healthcare and higher education industries. The Company’s healthcare programs address a range of clinical and business issues, including physician alignment and engagement, network management and growth strategy, value-based care and population health, revenue cycle, clinical operations and supply chain.

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