Insider Selling: Huron Consulting Group (NASDAQ:HURN) COO Sells 662 Shares of Stock

Huron Consulting Group Inc. (NASDAQ:HURN) COO James Ronald Dail sold 662 shares of the firm’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $170.11, for a total transaction of $112,612.82. Following the transaction, the chief operating officer directly owned 30,355 shares of the company’s stock, valued at $5,163,689.05. The trade was a 2.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

James Ronald Dail also recently made the following trade(s):

• On Thursday, October 30th, James Ronald Dail sold 167 shares of Huron Consulting Group stock. The stock was sold at an average price of $170.89, for a total transaction of $28,538.63.
• On Wednesday, October 29th, James Ronald Dail sold 7,824 shares of Huron Consulting Group stock. The shares were sold at an average price of $169.53, for a total transaction of $1,326,402.72.
• On Monday, October 27th, James Ronald Dail sold 578 shares of Huron Consulting Group stock. The stock was sold at an average price of $155.00, for a total value of $89,590.00.
• On Friday, October 24th, James Ronald Dail sold 22 shares of Huron Consulting Group stock. The stock was sold at an average price of $155.00, for a total value of $3,410.00.
• On Friday, October 3rd, James Ronald Dail sold 1,421 shares of Huron Consulting Group stock. The shares were sold at an average price of $150.00, for a total value of $213,150.00.

Huron Consulting Group Price Performance

NASDAQ HURN traded up $0.87 during trading on Monday, hitting $171.71. 29,969 shares of the stock traded hands, compared to its average volume of 191,909. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 1.18. Huron Consulting Group Inc. has a 12-month low of $118.25 and a 12-month high of $174.26. The firm has a 50-day simple moving average of $158.36 and a 200-day simple moving average of $144.66. The company has a market capitalization of $2.96 billion, a P/E ratio of 28.76 and a beta of 0.18.

Huron Consulting Group (NASDAQ:HURN) last posted its earnings results on Tuesday, October 28th. The business services provider reported $2.10 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $441.28 million during the quarter, compared to the consensus estimate of $418.13 million. During the same period in the prior year, the company earned $1.68 EPS. The company’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 predict that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of HURN. Cetera Investment Advisers raised its holdings in shares of Huron Consulting Group by 17.4% in the first quarter. Cetera Investment Advisers now owns 3,546 shares of the business services provider’s stock worth $509,000 after buying an additional 525 shares during the period. PNC Financial Services Group Inc. grew its position in Huron Consulting Group by 27.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,000 shares of the business services provider’s stock valued at $287,000 after acquiring an additional 432 shares during the last quarter. Invesco Ltd. increased its stake in Huron Consulting Group by 7.9% in the first quarter. Invesco Ltd. now owns 282,017 shares of the business services provider’s stock worth $40,455,000 after purchasing an additional 20,680 shares during the period. Entropy Technologies LP purchased a new stake in Huron Consulting Group in the first quarter worth $463,000. Finally, Aigen Investment Management LP lifted its position in shares of Huron Consulting Group by 10.5% during the first quarter. Aigen Investment Management LP now owns 1,879 shares of the business services provider’s stock worth $270,000 after purchasing an additional 178 shares during the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

About Huron Consulting Group

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.