Huron Consulting Group Inc. $HURN Shares Sold by BloombergSen Inc.

BloombergSen Inc. decreased its stake in Huron Consulting Group Inc. (NASDAQ:HURN) by 6.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 343,141 shares of the business services provider’s stock after selling 22,026 shares during the period. Huron Consulting Group accounts for 4.3% of BloombergSen Inc.’s portfolio, making the stock its 10th biggest position. BloombergSen Inc.’s holdings in Huron Consulting Group were worth $59,333,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of HURN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Huron Consulting Group by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,464 shares of the business services provider’s stock valued at $1,501,000 after buying an additional 469 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Huron Consulting Group by 53.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 198,938 shares of the business services provider’s stock valued at $28,538,000 after buying an additional 68,891 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Huron Consulting Group in the 1st quarter valued at $6,313,000. Intech Investment Management LLC boosted its holdings in shares of Huron Consulting Group by 28.1% in the 1st quarter. Intech Investment Management LLC now owns 11,064 shares of the business services provider’s stock valued at $1,587,000 after buying an additional 2,425 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its holdings in shares of Huron Consulting Group by 174.4% in the 1st quarter. Acadian Asset Management LLC now owns 3,361 shares of the business services provider’s stock valued at $481,000 after buying an additional 2,136 shares in the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

Insiders Place Their Bets

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total transaction of $63,840.00. Following the completion of the transaction, the director owned 40,817 shares in the company, valued at approximately $5,211,514.56. This represents a 1.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Debra Zumwalt sold 598 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $118.44, for a total transaction of $70,827.12. Following the completion of the sale, the director directly owned 27,201 shares in the company, valued at approximately $3,221,686.44. The trade was a 2.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 1,837 shares of company stock worth $224,707. 2.07% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on HURN. Wedbush restated an “outperform” rating and issued a $160.00 target price on shares of Huron Consulting Group in a report on Wednesday, May 6th. Wall Street Zen cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings downgraded shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $205.50.

Huron Consulting Group Stock Up 0.1%

HURN stock opened at $105.46 on Friday. The company has a fifty day moving average price of $123.12 and a 200 day moving average price of $149.40. Huron Consulting Group Inc. has a 12 month low of $101.00 and a 12 month high of $186.77. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 18.00 and a beta of 0.15. The company has a debt-to-equity ratio of 2.10, a current ratio of 2.22 and a quick ratio of 2.22.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.73 EPS for the quarter, beating the consensus estimate of $1.58 by $0.15. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The firm had revenue of $451.77 million during the quarter, compared to the consensus estimate of $437.12 million. During the same quarter in the prior year, the firm earned $1.68 EPS. Huron Consulting Group’s revenue for the quarter was up 12.1% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Sell-side analysts expect that Huron Consulting Group Inc. will post 8.71 earnings per share for the current year.

About Huron Consulting Group

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.