The Hackett Group, Inc. (NASDAQ:HCKT) Shares Sold by Values First Advisors Inc.

Values First Advisors Inc. trimmed its holdings in shares of The Hackett Group, Inc. (NASDAQ:HCKT) by 3.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 80,015 shares of the business services provider’s stock after selling 2,513 shares during the period. The Hackett Group makes up about 1.4% of Values First Advisors Inc.’s portfolio, making the stock its 12th biggest position. Values First Advisors Inc.’s holdings in The Hackett Group were worth $2,458,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Versant Capital Management Inc lifted its stake in The Hackett Group by 353.1% during the 4th quarter. Versant Capital Management Inc now owns 947 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 738 shares during the period. Financial Management Professionals Inc. acquired a new stake in The Hackett Group during the 3rd quarter valued at approximately $54,000. Quantbot Technologies LP lifted its stake in The Hackett Group by 383.4% during the 3rd quarter. Quantbot Technologies LP now owns 2,741 shares of the business services provider’s stock valued at $72,000 after acquiring an additional 2,174 shares during the period. CWM LLC lifted its stake in The Hackett Group by 8.4% during the 3rd quarter. CWM LLC now owns 5,061 shares of the business services provider’s stock valued at $133,000 after acquiring an additional 394 shares during the period. Finally, Longboard Asset Management LP acquired a new stake in The Hackett Group during the 4th quarter valued at approximately $207,000. 78.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on HCKT shares. Craig Hallum boosted their target price on shares of The Hackett Group from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, November 5th. Barrington Research reiterated an “outperform” rating and issued a $28.00 target price on shares of The Hackett Group in a research note on Tuesday, November 5th. Finally, Roth Mkm boosted their target price on shares of The Hackett Group from $29.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, November 5th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $30.00.

The Hackett Group Price Performance

Shares of NASDAQ HCKT opened at $32.09 on Wednesday. The firm has a market cap of $885.36 million, a PE ratio of 26.30, a PEG ratio of 1.60 and a beta of 0.99. The firm has a fifty day moving average of $30.92 and a 200 day moving average of $28.28. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.51 and a current ratio of 1.51. The Hackett Group, Inc. has a one year low of $20.23 and a one year high of $32.83.

About The Hackett Group

The Hackett Group, Inc operates as an intellectual property-based executive advisory, strategic consulting, and digital transformation company in the United States, Europe, and internationally. The company operates through three segments: Global Strategy & Business Transformation, Oracle Solutions, and SAP Solutions.