Insider Selling: Huron Consulting Group (NASDAQ:HURN) Director Sells $63,840.00 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney sold 500 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total value of $63,840.00. Following the sale, the director owned 40,817 shares in the company, valued at $5,211,514.56. The trade was a 1.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Mccartney also recently made the following trade(s):

• On Monday, February 2nd, John Mccartney sold 500 shares of Huron Consulting Group stock. The shares were sold at an average price of $168.77, for a total value of $84,385.00.

Huron Consulting Group Stock Performance

HURN stock opened at $130.35 on Monday. The stock’s 50 day simple moving average is $139.93 and its 200 day simple moving average is $156.06. Huron Consulting Group Inc. has a 12-month low of $116.12 and a 12-month high of $186.77. The firm has a market cap of $2.16 billion, a P/E ratio of 22.28 and a beta of 0.19. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.93.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings data on Tuesday, February 24th. The business services provider reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.23. Huron Consulting Group had a net margin of 6.18% and a return on equity of 28.20%. The firm had revenue of $441.96 million during the quarter, compared to the consensus estimate of $433.57 million. During the same quarter in the previous year, the company posted $1.90 earnings per share. The firm’s revenue was up 10.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, equities research analysts predict that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on HURN. Barrington Research raised their target price on shares of Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a report on Thursday, January 22nd. Benchmark increased their price target on Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, December 24th. Wall Street Zen downgraded Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Finally, Wedbush upped their price objective on Huron Consulting Group from $165.00 to $200.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Huron Consulting Group currently has a consensus rating of “Buy” and an average price target of $215.50.

Institutional Investors Weigh In On Huron Consulting Group

Several large investors have recently made changes to their positions in the company. Hussman Strategic Advisors Inc. acquired a new position in Huron Consulting Group during the 3rd quarter worth $925,000. Jefferies Financial Group Inc. acquired a new position in shares of Huron Consulting Group during the third quarter valued at $4,328,000. Thrivent Financial for Lutherans bought a new stake in shares of Huron Consulting Group during the third quarter valued at about $11,633,000. SG Capital Management LLC raised its stake in shares of Huron Consulting Group by 131.8% during the third quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock valued at $36,764,000 after purchasing an additional 142,448 shares in the last quarter. Finally, Sunriver Management LLC lifted its holdings in Huron Consulting Group by 10.6% in the second quarter. Sunriver Management LLC now owns 378,211 shares of the business services provider’s stock worth $52,019,000 after purchasing an additional 36,303 shares during the period. Institutional investors and hedge funds own 93.90% of the company’s stock.

Huron Consulting Group Company Profile

Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.

Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.