Advisory Board Co (ABCO): Kelt Kindick , director of Advisory Board Co purchased 5,000 shares on May 31, 2016. The Insider buying transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were purchased at $32.81 per share for a total value of $164,050.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 18, 2016, Cormac F Miller (Chief Product Officer) sold 1,628 shares at $31.65 per share price.On Mar 22, 2016, Hoose Mary Van (Chief Talent Officer) sold 4,172 shares at $30.27 per share price.Also, On Jan 15, 2016, Richard A Schwartz (President) sold 4,000 shares at $57.14 per share price.On Nov 20, 2015, Evan R Farber (General Counsel) sold 2,837 shares at $51.52 per share price.
The Advisory Board Company: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in The Advisory Board Company which led to swings in the share price. The shares opened for trading at $32.64 and hit $34.3 on the upside , eventually ending the session at $33.86, with a gain of 3.14% or 1.03 points. The heightened volatility saw the trading volume jump to 5,54,742 shares. The 52-week high of the share price is $60.38 and the company has a market cap of $1,388 M . The 52-week low of the share price is at $18.87.
Company has been under the radar of several Street Analysts.The Advisory Board Company is Reiterated by FBR Capital to Mkt Perform while Lowering the Price Target of the company shares to $ 35 from a previous price target of $40 . The Rating was issued on May 6, 2016.The Advisory Board Company is Downgraded by KeyBanc Capital Mkts to Sector Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Apr 18, 2016.
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. Its higher education programs support colleges and universities in enrollment management academic programming and student learning faculty recruitment and retention student advising and success alumni affairs and advancement and college and university operations. The Company offers approximately 65 distinct membership programs across four areas which include best practices research and insight performance technology software consulting and management services and data- and tech-enabled services. Its best practices research and insight programs provide the foundation for all of its other programs.