FTI Consulting, Inc. (NYSE:FCN) Director Brenda J. Bacon sold 9,989 shares of the firm’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $103.03, for a total transaction of $1,029,166.67. Following the completion of the transaction, the director now directly owns 26,644 shares in the company, valued at $2,745,131.32. The sale was disclosed in a document filed with the SEC, which is available at this link.

FCN stock traded up $0.25 during mid-day trading on Tuesday, reaching $105.03. The company’s stock had a trading volume of 116,335 shares, compared to its average volume of 284,400. The stock has a market cap of $3.85 billion, a PE ratio of 26.26 and a beta of 0.26. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.20 and a current ratio of 2.20. FTI Consulting, Inc. has a fifty-two week low of $59.06 and a fifty-two week high of $105.81. The company’s 50 day moving average price is $88.74.

FTI Consulting (NYSE:FCN) last released its quarterly earnings data on Thursday, July 25th. The business services provider reported $1.73 EPS for the quarter, beating the Zacks’ consensus estimate of $0.95 by $0.78. The company had revenue of $606.12 million during the quarter, compared to the consensus estimate of $528.56 million. FTI Consulting had a net margin of 8.98% and a return on equity of 14.42%. FTI Consulting’s quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.14 EPS. On average, research analysts forecast that FTI Consulting, Inc. will post 5.5 earnings per share for the current year.

Hedge funds have recently added to or reduced their stakes in the business. Parametrica Management Ltd purchased a new position in FTI Consulting in the 1st quarter valued at approximately $337,000. Nordea Investment Management AB boosted its position in FTI Consulting by 70.9% in the 4th quarter. Nordea Investment Management AB now owns 107,149 shares of the business services provider’s stock valued at $7,141,000 after buying an additional 44,449 shares during the period. Two Sigma Advisers LP boosted its position in FTI Consulting by 4.3% in the 4th quarter. Two Sigma Advisers LP now owns 77,200 shares of the business services provider’s stock valued at $5,145,000 after buying an additional 3,155 shares during the period. GAM Holding AG boosted its position in FTI Consulting by 1.9% in the 1st quarter. GAM Holding AG now owns 12,775 shares of the business services provider’s stock valued at $981,000 after buying an additional 244 shares during the period. Finally, Sawgrass Asset Management LLC purchased a new position in FTI Consulting in the 1st quarter valued at approximately $653,000. Institutional investors own 96.20% of the company’s stock.

A number of research analysts recently weighed in on FCN shares. SunTrust Banks set a $120.00 price target on shares of FTI Consulting and gave the company a “buy” rating in a research note on Friday. Sidoti raised their price target on shares of FTI Consulting from $99.00 to $117.00 and gave the company a “buy” rating in a research note on Tuesday, July 23rd. Finally, ValuEngine raised shares of Zillow Group from a “hold” rating to a “buy” rating in a research note on Thursday, July 11th.

FTI Consulting Company Profile

FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company's Corporate Finance & Restructuring segment provides turnaround and restructuring, business transformation, interim management, valuation and financial advisory, transaction, dispute advisory, and tax services, as well as mergers and acquisitions (M&A), and M&A integration services.

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Insider Buying and Selling by Quarter for FTI Consulting (NYSE:FCN)

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