Insider Buying: Heidrick & Struggles International, Inc. (NASDAQ:HSII) CEO Buys 5,000 Shares of Stock

Heidrick & Struggles International, Inc. (NASDAQ:HSII) CEO Thomas L. Monahan purchased 5,000 shares of the business’s stock in a transaction on Thursday, March 6th. The shares were bought at an average cost of $45.55 per share, for a total transaction of $227,750.00. Following the purchase, the chief executive officer now owns 144,834 shares of the company’s stock, valued at $6,597,188.70. This trade represents a 3.58 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Heidrick & Struggles International Trading Down 4.9 %

Shares of HSII stock opened at $43.54 on Thursday. The company’s fifty day simple moving average is $44.59 and its 200-day simple moving average is $42.48. Heidrick & Struggles International, Inc. has a 52 week low of $29.03 and a 52 week high of $49.02. The company has a market cap of $888.65 million, a PE ratio of 23.54, a P/E/G ratio of 0.91 and a beta of 0.80.

Heidrick & Struggles International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Thursday, March 13th. Heidrick & Struggles International’s dividend payout ratio is presently 150.00%.

Institutional Investors Weigh In On Heidrick & Struggles International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quest Partners LLC purchased a new stake in Heidrick & Struggles International during the 3rd quarter worth $30,000. Gladius Capital Management LP purchased a new stake in Heidrick & Struggles International during the 3rd quarter worth $31,000. Quantbot Technologies LP purchased a new stake in Heidrick & Struggles International during the 3rd quarter worth $33,000. KLP Kapitalforvaltning AS purchased a new stake in Heidrick & Struggles International during the 4th quarter worth $173,000. Finally, Orion Portfolio Solutions LLC purchased a new stake in Heidrick & Struggles International during the 3rd quarter worth $207,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Analyst Upgrades and Downgrades

HSII has been the topic of a number of research reports. Barrington Research raised their target price on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the company an “outperform” rating in a research note on Wednesday, March 5th. Truist Financial reissued a “hold” rating and issued a $42.00 target price (up previously from $40.00) on shares of Heidrick & Struggles International in a research note on Wednesday, December 4th.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. It operates under the following segments: Americas, Europe, Asia Pacific, Heidrick Consulting, and On Demand Talent Business.