Marks Group Wealth Management Inc Sells 25,122 Shares of FTI Consulting, Inc. $FCN

Marks Group Wealth Management Inc trimmed its holdings in shares of FTI Consulting, Inc. (NYSE:FCNFree Report) by 51.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 23,288 shares of the business services provider’s stock after selling 25,122 shares during the quarter. Marks Group Wealth Management Inc’s holdings in FTI Consulting were worth $3,978,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in FCN. IFP Advisors Inc grew its position in FTI Consulting by 1,666.7% during the fourth quarter. IFP Advisors Inc now owns 159 shares of the business services provider’s stock valued at $27,000 after buying an additional 150 shares during the period. Torren Management LLC bought a new stake in FTI Consulting during the fourth quarter valued at approximately $30,000. Caitong International Asset Management Co. Ltd grew its position in FTI Consulting by 1,278.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the business services provider’s stock valued at $31,000 after buying an additional 179 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in FTI Consulting during the first quarter valued at approximately $33,000. Finally, Global Retirement Partners LLC bought a new stake in FTI Consulting during the fourth quarter valued at approximately $41,000. 99.36% of the stock is currently owned by institutional investors.

Insider Transactions at FTI Consulting

In related news, CFO Eun Nam bought 2,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average price of $144.59 per share, with a total value of $289,180.00. Following the completion of the acquisition, the chief financial officer owned 21,592 shares of the company’s stock, valued at $3,121,987.28. This represents a 10.21% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Steven Henry Gunby bought 10,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of $144.17 per share, for a total transaction of $1,441,700.00. Following the acquisition, the chief executive officer directly owned 326,984 shares of the company’s stock, valued at approximately $47,141,283.28. This represents a 3.15% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have purchased 14,400 shares of company stock valued at $2,076,576. 1.79% of the stock is currently owned by corporate insiders.

FTI Consulting Price Performance

Shares of NYSE:FCN opened at $158.96 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.30 and a quick ratio of 2.30. FTI Consulting, Inc. has a 1-year low of $140.84 and a 1-year high of $189.30. The company has a market capitalization of $4.79 billion, a P/E ratio of 18.90 and a beta of -0.04. The firm’s 50 day simple moving average is $168.12 and its two-hundred day simple moving average is $169.38.

FTI Consulting (NYSE:FCNGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The business services provider reported $1.90 earnings per share for the quarter, missing the consensus estimate of $2.11 by ($0.21). FTI Consulting had a net margin of 6.88% and a return on equity of 15.14%. The firm had revenue of $983.35 million for the quarter, compared to analysts’ expectations of $971.17 million. During the same period in the prior year, the firm earned $2.29 EPS. FTI Consulting’s revenue for the quarter was up 9.5% compared to the same quarter last year. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. Research analysts expect that FTI Consulting, Inc. will post 9.1 EPS for the current fiscal year.

FTI Consulting declared that its board has approved a stock repurchase program on Friday, June 5th that authorizes the company to repurchase $370.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to buy up to 7.9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Truist Financial boosted their target price on shares of FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a research report on Monday, May 4th. The Goldman Sachs Group set a $169.00 price target on shares of FTI Consulting in a report on Tuesday, May 19th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FTI Consulting in a report on Monday, March 23rd. Finally, Wall Street Zen downgraded shares of FTI Consulting from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $174.50.

Check Out Our Latest Analysis on FTI Consulting

About FTI Consulting

(Free Report)

FTI Consulting, Inc is a global business advisory firm providing multidisciplinary solutions designed to address complex challenges and strategic opportunities. The company’s primary service offerings encompass corporate finance & restructuring, economic consulting, forensic & litigation consulting, strategic communications, and technology. These capabilities enable clients to manage financial distress, navigate regulatory environments, resolve disputes, build trust with stakeholders, and leverage data-driven insights.

In its corporate finance & restructuring practice, FTI delivers restructuring, interim management, and transaction advisory services to companies facing operational or financial pressures.

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Institutional Ownership by Quarter for FTI Consulting (NYSE:FCN)

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