FMR LLC & Abigail Johnson Maintain 8.338% Stake in CRA International
Ticker: CRAI · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 1053706
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**FMR LLC and Abigail Johnson still own 8.338% of CRA International.**
AI Summary
FMR LLC, a major investment firm, and its CEO, Abigail P. Johnson, have updated their ownership stake in CRA International Inc. As of February 9, 2024, they collectively beneficially own 583,841 shares, representing 8.338% of the company's common stock. This filing indicates a significant, but not controlling, interest in CRA International, suggesting FMR LLC sees continued value in the company.
Why It Matters
This filing shows that a major institutional investor and its leader continue to hold a substantial position in CRA International, which can signal confidence to other investors.
Risk Assessment
Risk Level: low — This is an amendment to an existing filing, indicating a stable, significant ownership stake rather than a new, volatile event.
Analyst Insight
Investors should note that a major institutional investor maintains a substantial, long-term position in CRA International, which could be seen as a vote of confidence, but this filing alone doesn't suggest immediate price catalysts.
Key Numbers
- 583,841 — Shares Beneficially Owned (Total shares of CRA International Inc. held by FMR LLC and Abigail P. Johnson as of February 9, 2024.)
- 8.338% — Percent of Class (The percentage of CRA International Inc.'s common stock beneficially owned by FMR LLC and Abigail P. Johnson.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person, likely CEO of FMR LLC
- CRA INTERNATIONAL INC (company) — the issuer of the securities
- 583,841 (dollar_amount) — number of shares beneficially owned
- 8.338% (dollar_amount) — percentage of class beneficially owned
Forward-Looking Statements
- FMR LLC will maintain a significant, but non-controlling, stake in CRA International Inc. for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09
FAQ
Who are the reporting persons in this SC 13G/A filing?
The reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing.
What is the total number of shares of CRA International Inc. common stock beneficially owned by FMR LLC and Abigail P. Johnson?
According to Item 4(a) and Item 7 for both reporting persons, they beneficially own a total of 583,841 shares of CRA International Inc. common stock.
What percentage of CRA International Inc.'s common stock do the reporting persons beneficially own?
Item 11 for both FMR LLC and Abigail P. Johnson states they beneficially own 8.338% of the class.
What is the CUSIP number for CRA International Inc. common stock?
The CUSIP number is 12618T105, as listed under 'Cusip #12618T105' and Item 2(e).
What rule is this Schedule 13G filed under?
This Schedule is filed pursuant to Rule 13d-1(b), as indicated by the checked box at the beginning of the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding CRA INTERNATIONAL, INC. (CRAI).