Houlihan Lokey general counsel sells $98,110 in stock

Published 04/09/2025, 00:14
Houlihan Lokey general counsel sells $98,110 in stock

Christopher M. Crain, General Counsel at Houlihan Lokey, Inc. (NYSE:HLI), sold 500 shares of Class A Common Stock on September 2, 2025, at a price of $196.22, for a total value of $98,110. The sale occurred near the stock’s 52-week high of $201.63, with the company currently valued at $13.8 billion. According to InvestingPro analysis, HLI shows strong financial health with impressive revenue growth of 23.3% over the last twelve months.

The same day, Crain also converted 500 shares of Class B Common Stock to Class A Common Stock.

Following the sale, Crain directly holds no shares of Class A Common Stock. Crain indirectly holds 53,438 shares of Class B Common Stock through the HL Voting Trust.

The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 18, 2024.

In other recent news, Houlihan Lokey Inc. reported impressive financial results for its first fiscal quarter of 2026. The company exceeded earnings expectations with an adjusted earnings per share (EPS) of $2.14, surpassing the forecasted $1.68 by 27.38%. This strong performance highlights the company’s robust financial health and operational efficiency. Despite these positive earnings results, the stock experienced a minor decline during regular trading hours. However, the focus remains on the company’s ability to outperform projections. Investors and analysts will likely keep a close eye on Houlihan Lokey’s future financial reports to assess ongoing performance. These developments underscore the importance of monitoring earnings and revenue results in evaluating company prospects.

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