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BOSTON—Paul A. Maleh, President and CEO of CRA International , Inc. (NASDAQ:CRAI), executed sales of company stock totaling approximately $1.46 million, according to a recent SEC filing. The transactions, dated February 26, involved the sale of 7,600 shares of common stock at prices ranging from $192.23 to $198.00 per share. The sale comes as CRAI shows strong momentum, with the stock delivering a 62.85% return over the past year. According to InvestingPro analysis, the company currently appears overvalued relative to its Fair Value.
Following these transactions, Maleh’s direct ownership in CRA International now stands at 145,806 shares. The sales were conducted in multiple transactions, with detailed pricing information available upon request from the company or the SEC. With a market capitalization of $1.29 billion and a strong financial health score, CRAI maintains solid fundamentals. InvestingPro subscribers can access 8 additional key insights and a comprehensive Pro Research Report about CRAI’s outlook and valuation metrics.
In other recent news, Charles River Associates (CRA) reported its fourth-quarter earnings for 2024, significantly exceeding analyst expectations. The company’s earnings per share (EPS) reached $2.03, surpassing the forecasted $1.62, while revenue for the quarter was $176.4 million, exceeding the anticipated $166.87 million. This marks the highest quarterly revenue in the company’s history, with a 9.2% increase compared to the previous year. CRA has also provided an optimistic revenue guidance of $715-$735 million for fiscal year 2025. The firm continues its streak of record annual revenues, marking the seventh consecutive year of growth.
Moreover, CRA’s consulting headcount decreased by 5.8% to 946, with a firm-wide utilization rate of 78%. The company has been active in mergers and acquisitions, assisting Nova Holdings in its acquisition of Catalent (NYSE:CTLT) and Waste Management Inc (NYSE:WM). in its $7 billion acquisition of Sarah Cycle. Additionally, CRA’s legal and regulatory services saw a 12% growth year-over-year. The firm has been involved in high-profile litigation and arbitration disputes, contributing to its robust performance. Analysts from Barrington Research have noted the solid outlook for CRA’s revenue growth in 2025, highlighting the company’s strategic strengths in key sectors.
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