Jupiter Topco LLC Acquires Shares of 140,308 Charles River Associates $CRAI

Jupiter Topco LLC acquired a new position in shares of Charles River Associates (NASDAQ:CRAI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 140,308 shares of the business services provider’s stock, valued at approximately $19,965,000.

Several other institutional investors have also recently made changes to their positions in the company. PDT Partners LLC acquired a new stake in Charles River Associates in the 2nd quarter valued at $4,660,000. Bank of New York Mellon Corp purchased a new stake in shares of Charles River Associates during the second quarter valued at approximately $69,054,000. Weber Capital Management LLC ADV acquired a new position in shares of Charles River Associates during the second quarter worth $5,351,334. SG Americas Securities LLC lifted its holdings in Charles River Associates by 86.6% in the 1st quarter. SG Americas Securities LLC now owns 105,339 shares of the business services provider’s stock worth $17,052,000 after buying an additional 48,892 shares in the last quarter. Finally, Rice Hall James & Associates LLC acquired a new position in shares of Charles River Associates in the second quarter worth about $11,066,000. Institutional investors own 84.13% of the company’s stock.

Key Headlines Impacting Charles River Associates

Here are the key news stories impacting Charles River Associates this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $8.32 from $8.28 and its FY2027 forecast to $9.01 from $8.99. It also increased estimates for Q2 2027, Q3 2027 and Q2 2028, including a sizable increase for Q3 2027. These revisions point to improved longer-term earnings expectations for CRAI.
• Positive Sentiment: Charles River Associates recently reported quarterly EPS of $2.16, narrowly beating the $2.15 consensus, while revenue of approximately $210.8 million exceeded estimates of $198.9 million. The company also declared a quarterly dividend of $0.57, or $2.28 annualized, representing a yield of about 1.3%.
• Neutral Sentiment: EVP Jonathan Yellin sold 2,250 shares for approximately $389,813, reducing his direct holdings by 16.79%. Because the transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, it may be less concerning than an unscheduled insider sale. He still owns 11,153 shares. Jonathan Yellin Sells Shares of Charles River Associates
• Neutral Sentiment: Analyst coverage remains generally constructive: CRAI has a “Moderate Buy” consensus rating and an average price target of $245, although one analyst maintains a Hold rating. Institutional investors own roughly 84% of the shares, indicating strong professional ownership but potentially limited trading liquidity.
• Negative Sentiment: Zacks lowered EPS estimates for Q3 and Q4 2026, Q1 and Q4 2027, and Q1 2028. The cuts include Q1 2027 EPS falling to $2.25 from $2.44 and Q4 2027 EPS declining to $2.16 from $2.24. These near-term reductions could weigh on CRAI if investors prioritize upcoming results over the higher long-term forecasts.

Charles River Associates Stock Up 1.4%

CRAI stock opened at $174.99 on Friday. The firm’s 50-day simple moving average is $165.44 and its 200 day simple moving average is $159.39. Charles River Associates has a fifty-two week low of $132.17 and a fifty-two week high of $227.29. The stock has a market cap of $1.10 billion, a PE ratio of 23.30, a price-to-earnings-growth ratio of 1.28 and a beta of 0.66.

Charles River Associates (NASDAQ:CRAI) last released its quarterly earnings results on Thursday, August 6th. The business services provider reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.01. The company had revenue of $210.81 million during the quarter, compared to analysts’ expectations of $198.91 million. Charles River Associates had a return on equity of 27.31% and a net margin of 6.20%. Equities analysts forecast that Charles River Associates will post 8.43 EPS for the current fiscal year.

Charles River Associates Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Tuesday, August 25th will be given a $0.57 dividend. The ex-dividend date is Tuesday, August 25th. This represents a $2.28 annualized dividend and a yield of 1.3%. Charles River Associates’s payout ratio is 30.36%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Charles River Associates in a report on Friday, August 7th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $245.00.

Insider Activity

In other Charles River Associates news, EVP Jonathan D. Yellin sold 2,250 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $173.25, for a total transaction of $389,812.50. Following the sale, the executive vice president owned 11,153 shares in the company, valued at approximately $1,932,257.25. The trade was a 16.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.50% of the stock is owned by company insiders.

Charles River Associates Company Profile

Charles River Associates (NASDAQ: CRAI) is a global consulting firm specializing in economic, financial and management advisory services. Founded in 1965 and headquartered in Boston, Massachusetts, the company provides expert analysis to support litigation, regulatory proceedings, and strategic decision-making. Its multidisciplinary teams draw on academic rigor and industry experience to deliver quantitative and qualitative insights tailored to clients’ needs.

The firm’s service offerings include competition economics, antitrust and merger analysis, intellectual property valuation and damages assessment, and risk management.