CRA International (CRAI) : Pacific Ridge Capital Partners scooped up 3,060 additional shares in CRA International during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 127,730 shares of CRA International which is valued at $3,404,005.CRA International makes up approximately 1.43% of Pacific Ridge Capital Partners’s portfolio.
Other Hedge Funds, Including , Peak6 Investments reduced its stake in CRAI by selling 10,227 shares or 39.4% in the most recent quarter. The Hedge Fund company now holds 15,731 shares of CRAI which is valued at $419,231. CRA International makes up approx 0.03% of Peak6 Investments’s portfolio. Nine Chapters Capital Management sold out all of its stake in CRAI during the most recent quarter. The investment firm sold 17,000 shares of CRAI which is valued $460,870. Cutler Group Lp sold out all of its stake in CRAI during the most recent quarter. The investment firm sold 827 shares of CRAI which is valued $21,758.
CRA International opened for trading at $26.34 and hit $26.85 on the upside on Friday, eventually ending the session at $26.76, with a gain of 1.36% or 0.36 points. The heightened volatility saw the trading volume jump to 34,578 shares. Company has a market cap of $219 M.
On the company’s financial health, CRA International reported $0.40 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.35. The company had revenue of $82.60 million for the quarter, compared to analysts expectations of $78.69 million. The company’s revenue was up 7.9% compared to the same quarter last year.
CRA International Inc. is a global consulting firm. The Company offers consulting services in two areas: litigation regulatory and financial consulting and management consulting. It provides consulting services to corporate clients and attorneys in a range of litigation and regulatory proceedings providing research and analysis testimony and support in litigation and regulatory proceedings in all areas of finance accounting economics insurance and forensic accounting and investigations. The Company offers services such as strategy development performance improvement corporate strategy and portfolio analysis estimation of market demand new product pricing strategies valuation of intellectual property and other assets assessment of competitors’ actions and analysis of new sources of supply. The Company’s subsidiary NeuCo Inc. develops and markets a family of neural network software tools and application consulting services which are focused on electric utilities.