Navigant Consulting Inc. (NYSE:NCI) Director James R. Thompson sold 8,000 shares of the company’s stock in a transaction dated Wednesday, November 23rd. The shares were sold at an average price of $25.03, for a total transaction of $200,240.00. Following the sale, the director now directly owns 77,274 shares of the company’s stock, valued at approximately $1,934,168.22. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Shares of Navigant Consulting Inc. (NYSE:NCI) traded down 0.68% on Monday, hitting $24.86. The company had a trading volume of 252,071 shares. Navigant Consulting Inc. has a 52 week low of $14.07 and a 52 week high of $25.16. The stock’s 50-day moving average is $22.49 and its 200 day moving average is $19.15. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 21.07 and a beta of 1.10.
Navigant Consulting (NYSE:NCI) last issued its quarterly earnings data on Tuesday, October 25th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.08. Navigant Consulting had a return on equity of 10.03% and a net margin of 6.12%. The company had revenue of $237.10 million for the quarter, compared to the consensus estimate of $183.29 million. During the same quarter last year, the company earned $0.30 earnings per share. The firm’s revenue for the quarter was up 13.1% compared to the same quarter last year. Equities analysts expect that Navigant Consulting Inc. will post $1.15 EPS for the current year.
Separately, Zacks Investment Research raised shares of Navigant Consulting from a “hold” rating to a “strong-buy” rating and set a $27.00 price target for the company in a research report on Thursday, October 27th.
Large investors have recently modified their holdings of the stock. Victory Capital Management Inc. increased its stake in shares of Navigant Consulting by 77.2% in the second quarter. Victory Capital Management Inc. now owns 6,227 shares of the company’s stock worth $101,000 after buying an additional 2,713 shares during the last quarter. Teacher Retirement System of Texas increased its stake in shares of Navigant Consulting by 13.7% in the second quarter. Teacher Retirement System of Texas now owns 6,643 shares of the company’s stock worth $107,000 after buying an additional 799 shares during the last quarter. Advisor Group Inc. increased its stake in shares of Navigant Consulting by 299.9% in the third quarter. Advisor Group Inc. now owns 5,334 shares of the company’s stock valued at $108,000 after buying an additional 4,000 shares in the last quarter. Mason Street Advisors LLC acquired a new stake in shares of Navigant Consulting during the second quarter valued at $150,000. Finally, GAM Holding AG acquired a new stake in shares of Navigant Consulting during the second quarter valued at $165,000. 91.53% of the stock is currently owned by institutional investors.
Navigant Consulting Company Profile