Huron Consulting Group (NASDAQ:HURN) Shares Gap Up – Here’s Why

Huron Consulting Group Inc. (NASDAQ:HURN) shares gapped up before the market opened on Monday . The stock had previously closed at $149.93, but opened at $156.97. Huron Consulting Group shares last traded at $154.7550, with a volume of 65,438 shares traded.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on HURN shares. Truist Financial lowered their price target on Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, June 9th. Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Barrington Research reaffirmed an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Zacks Research raised shares of Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Finally, Weiss Ratings upgraded shares of Huron Consulting Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $184.25.

Huron Consulting Group Price Performance

The business has a fifty day moving average of $140.04 and a two-hundred day moving average of $126.13. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.71 and a current ratio of 1.71. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of 23.01 and a beta of 0.07.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.17 by $0.29. Huron Consulting Group had a return on equity of 32.33% and a net margin of 6.38%.The business had revenue of $475.04 million during the quarter, compared to the consensus estimate of $448.98 million. During the same quarter last year, the firm posted $1.89 EPS. The company’s quarterly revenue was up 15.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. As a group, research analysts predict that Huron Consulting Group Inc. will post 9.18 EPS for the current fiscal year.

Insider Activity

In other Huron Consulting Group news, insider Kyle Featherstone sold 459 shares of the stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $152.67, for a total value of $70,075.53. Following the transaction, the insider directly owned 1,050 shares of the company’s stock, valued at $160,303.50. This represents a 30.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO C. Hussey sold 24,072 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $165.59, for a total transaction of $3,986,082.48. Following the sale, the chief executive officer owned 74,399 shares of the company’s stock, valued at $12,319,730.41. This trade represents a 24.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.07% of the company’s stock.

Hedge Funds Weigh In On Huron Consulting Group

Several institutional investors and hedge funds have recently made changes to their positions in the company. Brown Brothers Harriman & Co. bought a new position in shares of Huron Consulting Group during the third quarter worth approximately $35,000. Advisory Services Network LLC bought a new stake in Huron Consulting Group in the 3rd quarter valued at $36,000. Kemnay Advisory Services Inc. bought a new stake in Huron Consulting Group in the 4th quarter valued at $39,000. Caitong International Asset Management Co. Ltd grew its holdings in Huron Consulting Group by 11,900.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 240 shares of the business services provider’s stock valued at $41,000 after buying an additional 238 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Huron Consulting Group by 682.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 313 shares of the business services provider’s stock valued at $46,000 after buying an additional 273 shares in the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

Huron Consulting Group Company Profile

Huron Consulting Group Inc (NASDAQ:HURN) is a professional services firm that helps organizations improve performance, manage change and address complex business challenges. The company works with clients across the healthcare, education, commercial and public sectors, providing consulting, technology and managed services.

Huron’s services include strategic planning, operational improvement, organizational transformation, financial and performance management, data and analytics, and technology implementation.