Insider Buying: Heidrick & Struggles International, Inc. (NASDAQ:HSII) CEO Buys $227,750.00 in Stock

Heidrick & Struggles International, Inc. (NASDAQ:HSII) CEO Thomas L. Monahan purchased 5,000 shares of the stock in a transaction dated Thursday, March 6th. The stock was acquired at an average price of $45.55 per share, for a total transaction of $227,750.00. Following the completion of the transaction, the chief executive officer now directly owns 144,834 shares of the company’s stock, valued at approximately $6,597,188.70. The trade was a 3.58 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Heidrick & Struggles International Stock Performance

Shares of NASDAQ HSII opened at $43.54 on Thursday. Heidrick & Struggles International, Inc. has a 1 year low of $29.03 and a 1 year high of $49.02. The firm’s 50 day moving average price is $44.59 and its 200 day moving average price is $42.48. The firm has a market cap of $888.65 million, a P/E ratio of 23.54, a price-to-earnings-growth ratio of 0.91 and a beta of 0.80.

Heidrick & Struggles International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.38%. Heidrick & Struggles International’s dividend payout ratio (DPR) is currently 150.00%.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Truist Financial reiterated a “hold” rating and issued a $42.00 price target (up from $40.00) on shares of Heidrick & Struggles International in a research report on Wednesday, December 4th. Barrington Research increased their price target on shares of Heidrick & Struggles International from $50.00 to $52.00 and gave the company an “outperform” rating in a research report on Wednesday, March 5th.

Institutional Trading of Heidrick & Struggles International

Hedge funds have recently bought and sold shares of the company. Quest Partners LLC acquired a new stake in Heidrick & Struggles International during the third quarter worth approximately $30,000. Gladius Capital Management LP purchased a new position in Heidrick & Struggles International during the third quarter worth approximately $31,000. Quantbot Technologies LP purchased a new position in Heidrick & Struggles International during the third quarter worth approximately $33,000. KLP Kapitalforvaltning AS purchased a new position in Heidrick & Struggles International during the fourth quarter worth approximately $173,000. Finally, Orion Portfolio Solutions LLC purchased a new position in Heidrick & Struggles International during the third quarter worth approximately $207,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

About Heidrick & Struggles International

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.