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 shares were sold at an average price of $66.95, for a total transaction of $254,410.00. Following the sale, the insider now directly owns 18,177 shares of the company’s stock, valued at approximately $1,216,950.15. The sale was disclosed in a document filed with the SEC, which can be accessed 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 shares were sold at an average price of $69.52, for a total transaction of $441,521.52.
Shares of NYSE:FCN traded down $3.14 during trading on Friday, reaching $64.20. 275,212 shares of the company traded hands, compared to its average volume of 283,136. The firm has a market capitalization of $2.58 billion, a P/E ratio of 27.67 and a beta of 0.03. FTI Consulting, Inc. has a 1-year low of $39.57 and a 1-year high of $81.91. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.19.
A number of brokerages have issued reports on FCN. ValuEngine lowered shares of FTI Consulting from a “buy” rating to a “hold” rating in a research note on Thursday, November 1st. Zacks Investment Research raised shares of FTI Consulting from a “hold” rating to a “strong-buy” rating and set a $79.00 target price for the company in a research note on Monday, October 29th.
Institutional investors have recently added to or reduced their stakes in the company. Financial Enhancement Group LLC bought a new position in shares of FTI Consulting during the 2nd quarter valued at $104,000. Tower Research Capital LLC TRC bought a new position in shares of FTI Consulting during the 2nd quarter valued at $140,000. Cornerstone Wealth Management LLC bought a new position in shares of FTI Consulting during the 2nd quarter valued at $182,000. Itau Unibanco Holding S.A. bought a new position in shares of FTI Consulting during the 2nd quarter valued at $183,000. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new position in shares of FTI Consulting during the 2nd quarter valued at $210,000. Institutional investors and hedge funds own 98.22% of the company’s stock.
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About FTI Consulting
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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