CRA International,Inc. (NASDAQ:CRAI) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a report issued on Friday.

Separately, Zacks Investment Research downgraded shares of CRA International,Inc. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 26th.

CRA International,Inc. (CRAI) opened at $45.18 on Friday. CRA International,Inc. has a 1 year low of $31.77 and a 1 year high of $47.30. The firm has a market cap of $374.56, a PE ratio of 31.64 and a beta of 0.77.

CRA International,Inc. (NASDAQ:CRAI) last released its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.41 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.03. CRA International,Inc. had a net margin of 3.39% and a return on equity of 5.98%. The business had revenue of $91.30 million for the quarter, compared to the consensus estimate of $90.36 million. During the same period in the prior year, the company posted $0.39 earnings per share. CRA International,Inc.’s revenue was up 11.8% compared to the same quarter last year. equities analysts anticipate that CRA International,Inc. will post 1.56 EPS for the current fiscal year.

In related news, Director Rowland Moriarty sold 10,000 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $46.10, for a total value of $461,000.00. Following the transaction, the director now directly owns 38,471 shares in the company, valued at $1,773,513.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Chad M. Holmes sold 1,700 shares of the company’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $43.17, for a total transaction of $73,389.00. Following the completion of the transaction, the chief financial officer now owns 11,055 shares in the company, valued at $477,244.35. The disclosure for this sale can be found here. Insiders sold 25,000 shares of company stock worth $1,108,417 over the last 90 days. 4.70% of the stock is currently owned by corporate insiders.

Several hedge funds have recently added to or reduced their stakes in CRAI. Nationwide Fund Advisors grew its stake in CRA International,Inc. by 37.3% during the second quarter. Nationwide Fund Advisors now owns 60,003 shares of the business services provider’s stock worth $2,179,000 after buying an additional 16,300 shares in the last quarter. TIAA CREF Investment Management LLC grew its stake in CRA International,Inc. by 21.9% during the second quarter. TIAA CREF Investment Management LLC now owns 49,213 shares of the business services provider’s stock worth $1,787,000 after buying an additional 8,835 shares in the last quarter. Parametric Portfolio Associates LLC grew its stake in CRA International,Inc. by 28.2% during the second quarter. Parametric Portfolio Associates LLC now owns 20,164 shares of the business services provider’s stock worth $732,000 after buying an additional 4,441 shares in the last quarter. Ameriprise Financial Inc. acquired a new stake in CRA International,Inc. during the second quarter worth about $444,000. Finally, Geode Capital Management LLC grew its stake in CRA International,Inc. by 5.2% during the first quarter. Geode Capital Management LLC now owns 70,652 shares of the business services provider’s stock worth $2,496,000 after buying an additional 3,517 shares in the last quarter. Institutional investors and hedge funds own 85.07% of the company’s stock.

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About CRA International,Inc.

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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