Randy H. Zwirn Sells 5,000 Shares of Navigant Consulting, Inc. (NCI) Stock

Navigant Consulting, Inc. (NYSE:NCI) Director Randy H. Zwirn sold 5,000 shares of Navigant Consulting stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $17.46, for a total transaction of $87,300.00. Following the completion of the transaction, the director now owns 21,226 shares of the company’s stock, valued at approximately $370,605.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Navigant Consulting, Inc. (NYSE NCI) traded down $0.02 during trading on Thursday, reaching $17.78. 279,400 shares of the company were exchanged, compared to its average volume of 266,339. Navigant Consulting, Inc. has a one year low of $14.62 and a one year high of $27.86. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $817.38, a P/E ratio of 16.04, a P/E/G ratio of 1.10 and a beta of 0.86.

Navigant Consulting (NYSE:NCI) last issued its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). Navigant Consulting had a return on equity of 7.32% and a net margin of 4.55%. The firm had revenue of $262.30 million during the quarter, compared to analysts’ expectations of $241.77 million. During the same quarter in the prior year, the firm earned $0.37 EPS. The firm’s revenue was up 10.4% compared to the same quarter last year. analysts predict that Navigant Consulting, Inc. will post 1.2 EPS for the current year.

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Large investors have recently modified their holdings of the company. Capital Fund Management S.A. lifted its position in shares of Navigant Consulting by 21.9% during the 2nd quarter. Capital Fund Management S.A. now owns 47,400 shares of the business services provider’s stock worth $937,000 after buying an additional 8,500 shares during the last quarter. Vanguard Group Inc. grew its position in Navigant Consulting by 3.3% in the second quarter. Vanguard Group Inc. now owns 4,377,585 shares of the business services provider’s stock valued at $86,500,000 after acquiring an additional 139,759 shares in the last quarter. Wells Fargo & Company MN grew its position in Navigant Consulting by 6.2% in the second quarter. Wells Fargo & Company MN now owns 135,029 shares of the business services provider’s stock valued at $2,667,000 after acquiring an additional 7,941 shares in the last quarter. Legal & General Group Plc grew its position in Navigant Consulting by 8.2% in the second quarter. Legal & General Group Plc now owns 89,228 shares of the business services provider’s stock valued at $1,763,000 after acquiring an additional 6,769 shares in the last quarter. Finally, Northern Trust Corp grew its position in Navigant Consulting by 8.0% in the second quarter. Northern Trust Corp now owns 1,011,119 shares of the business services provider’s stock valued at $19,979,000 after acquiring an additional 74,943 shares in the last quarter. Institutional investors and hedge funds own 91.79% of the company’s stock.

A number of brokerages recently issued reports on NCI. Zacks Investment Research downgraded shares of Navigant Consulting from a “hold” rating to a “sell” rating in a research note on Friday, October 27th. BidaskClub downgraded shares of Navigant Consulting from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. Finally, ValuEngine downgraded shares of Navigant Consulting from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $24.00.

Navigant Consulting Company Profile

Navigant Consulting, Inc is a global professional services company. The Company serves clients in the healthcare, energy and financial services industries. It operates through four segments. The Healthcare segment provides consulting services and business process management services. The Energy segment provides advisory solutions in business strategy and planning, distributed energy resources and renewables, energy efficiency and demand response and grid modernization The Financial Services Advisory and Compliance segment provides strategic, operational, valuation, risk management, investigative and compliance advisory services to clients primarily in the financial services industry.

Insider Buying and Selling by Quarter for Navigant Consulting (NYSE:NCI)

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