Insider Selling: FTI Consulting, Inc. (FCN) Insider Sells 3,800 Shares of Stock

FTI Consulting, Inc. (NYSE:FCN) insider Paul Alderman Linton sold 3,800 shares of FTI Consulting stock in a transaction on Thursday, December 6th. The stock was sold at an average price of $66.95, for a total transaction of $254,410.00. Following the completion of the transaction, the insider now owns 18,177 shares in the company, valued at approximately $1,216,950.15. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Paul Alderman Linton also recently made the following trade(s):

  • On Monday, December 3rd, Paul Alderman Linton sold 6,351 shares of FTI Consulting stock. The stock was sold at an average price of $69.52, for a total transaction of $441,521.52.

Shares of NYSE:FCN traded down $3.14 on Friday, hitting $64.20. 275,212 shares of the company were exchanged, compared to its average volume of 283,136. FTI Consulting, Inc. has a one year low of $39.57 and a one year high of $81.91. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.64 and a current ratio of 1.64. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 27.67 and a beta of 0.03.

FTI Consulting (NYSE:FCN) last posted its quarterly earnings data on Thursday, October 25th. The business services provider reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.42. FTI Consulting had a net margin of 9.73% and a return on equity of 11.91%. The company had revenue of $513.01 million for the quarter, compared to the consensus estimate of $471.78 million. Equities analysts predict that FTI Consulting, Inc. will post 3.75 EPS for the current year.

Large investors have recently bought and sold shares of the company. Bank of New York Mellon Corp increased its holdings in shares of FTI Consulting by 4.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 472,813 shares of the business services provider’s stock worth $28,595,000 after purchasing an additional 19,280 shares during the period. Aperio Group LLC increased its holdings in shares of FTI Consulting by 14.1% during the 2nd quarter. Aperio Group LLC now owns 7,460 shares of the business services provider’s stock worth $451,000 after purchasing an additional 924 shares during the period. Bowling Portfolio Management LLC boosted its position in shares of FTI Consulting by 14.9% during the 3rd quarter. Bowling Portfolio Management LLC now owns 34,276 shares of the business services provider’s stock valued at $2,509,000 after acquiring an additional 4,453 shares in the last quarter. Assenagon Asset Management S.A. acquired a new stake in shares of FTI Consulting during the 3rd quarter valued at about $15,331,000. Finally, Tower Research Capital LLC TRC acquired a new stake in shares of FTI Consulting during the 2nd quarter valued at about $140,000. Institutional investors own 98.22% of the company’s stock.

Several research analysts have recently issued reports on FCN shares. Zacks Investment Research downgraded shares of FTI Consulting from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 26th. ValuEngine downgraded shares of FTI Consulting from a “buy” rating to a “hold” rating in a report on Thursday, November 1st.

COPYRIGHT VIOLATION NOTICE: “Insider Selling: FTI Consulting, Inc. (FCN) Insider Sells 3,800 Shares of Stock” was originally reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.chaffeybreeze.com/2018/12/08/insider-selling-fti-consulting-inc-fcn-insider-sells-3800-shares-of-stock.html.

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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