Significant Insider Change: What after Hoose Van’s Insider Sale of The Advisory Board Company (NASDAQ:ABCO) Stock?

November 23, 2016 - By Marguerite Chambers

Significant Insider Change: What after Hoose Van's Insider Sale of The Advisory Board Company (NASDAQ:ABCO) Stock?

Hoose Van Insider Sell

The Chief Talent Officer of Advisory Board Co, Hoose Van, has just unloaded – 2,000 shares of the corporation he’s supervising and operating – coming to a cumulative transaction value of $73,960 US Dollars (this based on avg stock price of $37.0). In the last 30 days, he also sold 2,000 shares with a total value $68,520 USD. This insider transaction occurred on 23/11/2016 and was filed with the D.C. based-SEC. The public Form 4 is readily available here. The chance of this deal remaining a secret is extremely low as it’s new, with the Chief Talent Officer now having 35,386 shares — that is 0.09% of Advisory Board Co’s total market capitalization.

The Advisory Board Company (NASDAQ:ABCO) Ratings Coverage

Out of 14 analysts covering Advisory Board (NASDAQ:ABCO), 9 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 64% are positive. $65 is the highest target while $40 is the lowest. The $53.60 average target is 44.47% above today’s ($37.1) stock price. Advisory Board has been the topic of 19 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of The Advisory Board Company (NASDAQ:ABCO) earned “Sector Weight” rating by KeyBanc Capital Markets on Monday, April 18. The company was downgraded on Monday, November 7 by Bank of America. The rating was upgraded by Deutsche Bank on Thursday, February 25 to “Buy”. On Monday, August 31 the stock rating was upgraded by BMO Capital Markets to “Market Perform”. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, August 5. Robert W. Baird upgraded the shares of ABCO in a report on Monday, August 17 to “Outperform” rating. The firm has “Overweight” rating by JP Morgan given on Tuesday, November 17. Oppenheimer maintained The Advisory Board Company (NASDAQ:ABCO) on Wednesday, August 5 with “Outperform” rating. The rating was initiated by Cantor Fitzgerald on Tuesday, November 10 with “Buy”. The firm earned “Outperform” rating on Monday, October 12 by FBR Capital.

Insitutional Activity: The institutional sentiment increased to 1.26 in 2016 Q2. Its up 0.32, from 0.94 in 2016Q1. The ratio increased, as 25 funds sold all The Advisory Board Company shares owned while 53 reduced positions. 28 funds bought stakes while 45 increased positions. They now own 39.77 million shares or 7.82% less from 43.15 million shares in 2016Q1.

Royal Savings Bank Of Canada reported 518,930 shares or 0.01% of all its holdings. Barclays Public Limited Liability Corp has invested 0% of its portfolio in The Advisory Board Company (NASDAQ:ABCO). Whittier owns 190 shares or 0% of their US portfolio. Sit Investment Assocs Incorporated holds 0.03% of its portfolio in The Advisory Board Company (NASDAQ:ABCO) for 27,975 shares. Highbridge Capital Mgmt Ltd Liability last reported 0.03% of its portfolio in the stock. Fmr Ltd Limited Liability Company reported 622,874 shares or 0% of all its holdings. Janus Capital Management Lc has invested 0.05% of its portfolio in The Advisory Board Company (NASDAQ:ABCO). Moreover, Stephens Investment Mngmt Group Ltd Com has 1% invested in The Advisory Board Company (NASDAQ:ABCO) for 859,733 shares. Citadel Advsr Ltd has invested 0% of its portfolio in The Advisory Board Company (NASDAQ:ABCO). Thrivent Financial For Lutherans has 0.01% invested in the company for 41,720 shares. Goldman Sachs Group Incorporated accumulated 0% or 69,934 shares. Metropolitan Life Ins last reported 0.01% of its portfolio in the stock. Carroll Associate reported 160 shares or 0% of all its holdings. Rock Point Llc reported 95,620 shares or 1.81% of all its holdings. Brown Advisory holds 0.08% of its portfolio in The Advisory Board Company (NASDAQ:ABCO) for 631,537 shares.

Insider Transactions: Since May 31, 2016, the stock had 1 insider buy, and 14 selling transactions for $1.36 million net activity. The insider Kirshbaum Michael T sold 2,400 shares worth $103,224. On Wednesday, October 26 Miller Cormac F sold $31,223 worth of the stock or 750 shares. 5,000 The Advisory Board Company (NASDAQ:ABCO) shares with value of $164,050 were bought by KINDICK KELT. Musslewhite Robert W also sold $180,840 worth of The Advisory Board Company (NASDAQ:ABCO) on Monday, November 14. GRUA PETER J sold 2,500 shares worth $103,600. Farber Evan R sold $119,738 worth of The Advisory Board Company (NASDAQ:ABCO) on Wednesday, August 17. ZUMWALT LEANNE M had sold 2,736 shares worth $114,091.

About 73,462 shares traded hands. The Advisory Board Company (NASDAQ:ABCO) has risen 17.34% since April 21, 2016 and is uptrending. It has outperformed by 12.01% the S&P500.

The Advisory Board Company is a provider of software and solutions to the healthcare and higher education industries. The company has a market cap of $1.49 billion. The Company’s healthcare programs address a range of clinical and business issues, including physician alignment and engagement, network management and growth strategy, value care and population health, revenue cycle, clinical activities and supply chain. It currently has negative earnings. The Company’s higher education programs support colleges and universities in enrollment management; academic programming and student learning; faculty recruitment and retention; student advising and success; alumni affairs and advancement, and college and university operations.

According to Zacks Investment Research, “The Advisory Board Company provides best practices research and analysis to the health care industry, focusing on business strategy, operations and general management issues. The Company provides its best practices research and analysis through discrete annual programs to a membership of more than 2,000 hospitals, health systems, pharmaceutical and biotech companies, health care insurers, and medical device companies in the United States. Each program provides members with best practices research reports, executive education and other supporting research services.”

Analysts await The Advisory Board Company (NASDAQ:ABCO) to report earnings on February, 28. They expect $0.47 earnings per share, up 34.29% or $0.12 from last year’s $0.35 per share. ABCO’s profit will be $18.88M for 19.73 P/E if the $0.47 EPS becomes a reality. After $0.15 actual earnings per share reported by The Advisory Board Company for the previous quarter, Wall Street now forecasts 213.33% EPS growth.

More notable recent The Advisory Board Company (NASDAQ:ABCO) news were published by: Prnewswire.com which released: “The Advisory Board Company to Participate in the Piper Jaffray Healthcare ..” on November 22, 2016, also Prnewswire.com with their article: “The Advisory Board Company Reports Third Quarter Results” published on November 01, 2016, Globenewswire.com published: “The Advisory Board Company (Nasdaq: ABCO) to Ring The Nasdaq Stock Market ..” on November 17, 2016. More interesting news about The Advisory Board Company (NASDAQ:ABCO) were released by: Prnewswire.com and their article: “The Advisory Board Company to Report Third Quarter Financial Results After ..” published on October 11, 2016 as well as Prnewswire.com‘s news article titled: “The Advisory Board Company Reports Results For Quarter Ended June 30, 2016” with publication date: July 27, 2016.

ABCO Company Profile

The Advisory Board Company, incorporated on August 9, 2001, is a well-known provider of software and solutions to the healthcare and higher education industries. The Company’s healthcare programs address a range of clinical and business issues, including physician alignment and engagement, network management and growth strategy, value care and population health, revenue cycle performance, clinical activities and supply chain management. The Company’s education programs support colleges and universities in enrollment management; academic programming and student learning; faculty recruitment and retention; student advising and success; alumni affairs and advancement, and college and university operations. The Firm offers distinct membership programs, across four areas, which include best practices research and insight, performance technology software, consulting and management services, and data- and tech-enabled services.

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