Insider Selling: Huron Consulting Group (NASDAQ:HURN) Director Sells 1,000 Shares of Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director Ekta Singh-Bushell sold 1,000 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $178.55, for a total transaction of $178,550.00. Following the sale, the director directly owned 14,341 shares in the company, valued at approximately $2,560,585.55. The trade was a 6.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Ekta Singh-Bushell also recently made the following trade(s):

• On Thursday, October 2nd, Ekta Singh-Bushell sold 126 shares of Huron Consulting Group stock. The shares were sold at an average price of $146.92, for a total value of $18,511.92.

Huron Consulting Group Price Performance

HURN stock traded down $0.26 during midday trading on Monday, reaching $179.25. 48,100 shares of the stock were exchanged, compared to its average volume of 191,259. Huron Consulting Group Inc. has a 52 week low of $118.25 and a 52 week high of $181.35. The company has a fifty day moving average price of $161.09 and a 200 day moving average price of $145.60. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.44 and a quick ratio of 1.44. The stock has a market capitalization of $3.09 billion, a PE ratio of 29.99 and a beta of 0.18.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings results on Tuesday, October 28th. The business services provider reported $2.10 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.24. Huron Consulting Group had a return on equity of 27.06% and a net margin of 6.54%.The company had revenue of $441.28 million for the quarter, compared to analysts’ expectations of $418.13 million. During the same period in the previous year, the business posted $1.68 earnings per share. The business’s quarterly revenue was up 16.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. As a group, analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HURN has been the topic of a number of recent analyst reports. Wall Street Zen raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Benchmark boosted their price target on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of Huron Consulting Group in a research report on Wednesday, October 8th. Finally, Truist Financial boosted their target price on shares of Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a report on Friday, November 14th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Huron Consulting Group has an average rating of “Buy” and an average target price of $190.25.

Institutional Investors Weigh In On Huron Consulting Group

Several hedge funds and other institutional investors have recently made changes to their positions in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Huron Consulting Group by 149.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,199,574 shares of the business services provider’s stock valued at $172,079,000 after purchasing an additional 719,199 shares during the period. Boston Partners lifted its position in shares of Huron Consulting Group by 17.0% during the 3rd quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock valued at $130,803,000 after buying an additional 129,073 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Huron Consulting Group by 0.5% during the 3rd quarter. Franklin Resources Inc. now owns 614,248 shares of the business services provider’s stock worth $90,153,000 after acquiring an additional 3,340 shares during the period. Jennison Associates LLC increased its holdings in Huron Consulting Group by 17.4% in the 2nd quarter. Jennison Associates LLC now owns 581,397 shares of the business services provider’s stock worth $79,965,000 after acquiring an additional 86,069 shares during the last quarter. Finally, Sunriver Management LLC lifted its holdings in Huron Consulting Group by 19.5% during the third quarter. Sunriver Management LLC now owns 451,985 shares of the business services provider’s stock valued at $66,338,000 after purchasing an additional 73,774 shares during the last quarter. 93.90% of the stock is owned by institutional investors.

Huron Consulting Group Company Profile

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children’s and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.