FTI Consulting, Inc. (NYSE:FCN) insider Paul Alderman Linton sold 6,351 shares of the firm’s stock in a transaction dated Monday, December 3rd. The shares were sold at an average price of $69.52, for a total transaction of $441,521.52. Following the sale, the insider now directly owns 21,977 shares in the company, valued at approximately $1,527,841.04. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Paul Alderman Linton also recently made the following trade(s):
- On Thursday, December 6th, Paul Alderman Linton sold 3,800 shares of FTI Consulting stock. The shares were sold at an average price of $66.95, for a total transaction of $254,410.00.
Shares of NYSE FCN opened at $64.20 on Friday. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.19. The stock has a market cap of $2.58 billion, a PE ratio of 27.67 and a beta of 0.03. FTI Consulting, Inc. has a 52-week low of $39.57 and a 52-week high of $81.91.
A number of analysts have recently issued reports on the stock. ValuEngine downgraded shares of FTI Consulting from a “buy” rating to a “hold” rating in a report 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 price target on the stock in a report on Monday, October 29th.
Several hedge funds and other institutional investors have recently made changes to their positions in FCN. FMR LLC boosted its holdings in shares of FTI Consulting by 419.0% during the 2nd quarter. FMR LLC now owns 2,982,035 shares of the business services provider’s stock valued at $180,353,000 after acquiring an additional 2,407,460 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in shares of FTI Consulting by 83.1% during the 3rd quarter. Acadian Asset Management LLC now owns 1,003,594 shares of the business services provider’s stock valued at $73,453,000 after acquiring an additional 455,542 shares during the last quarter. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of FTI Consulting during the 3rd quarter valued at about $28,522,000. BlackRock Inc. boosted its holdings in shares of FTI Consulting by 7.9% during the 2nd quarter. BlackRock Inc. now owns 5,283,500 shares of the business services provider’s stock valued at $319,546,000 after acquiring an additional 385,929 shares during the last quarter. Finally, MERIAN GLOBAL INVESTORS UK Ltd boosted its holdings in shares of FTI Consulting by 1,309.2% during the 3rd quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 370,806 shares of the business services provider’s stock valued at $27,139,000 after acquiring an additional 344,492 shares during the last quarter. 98.22% of the stock is currently owned by hedge funds and other institutional investors.
WARNING: “Paul Alderman Linton Sells 6,351 Shares of FTI Consulting, Inc. (FCN) Stock” was first reported by BBNS and is the sole property of of BBNS. If you are viewing this piece of content on another publication, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The legal version of this piece of content can be viewed at https://baseballnewssource.com/2018/12/08/paul-alderman-linton-sells-6351-shares-of-fti-consulting-inc-fcn-stock/3064076.html.
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.
Further Reading: Federal Reserve
Receive News & Ratings for FTI Consulting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FTI Consulting and related companies with MarketBeat.com's FREE daily email newsletter.