Insider Selling: Huron Consulting Group (NASDAQ:HURN) Director Sells $21,532.14 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director Ekta Singh-Bushell sold 126 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $170.89, for a total value of $21,532.14. Following the transaction, the director directly owned 14,215 shares of the company’s stock, valued at approximately $2,429,201.35. This represents a 0.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Friday, December 12th, Ekta Singh-Bushell sold 1,000 shares of Huron Consulting Group stock. The stock was sold at an average price of $178.55, for a total value of $178,550.00.

Huron Consulting Group Trading Up 1.6%

Shares of HURN stock opened at $181.34 on Friday. Huron Consulting Group Inc. has a 1-year low of $120.25 and a 1-year high of $182.73. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 1.18. The stock has a market cap of $3.13 billion, a price-to-earnings ratio of 30.38 and a beta of 0.11. The stock has a 50-day moving average of $171.26 and a 200-day moving average of $151.01.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, October 28th. The business services provider reported $2.10 EPS for the quarter, topping 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 company had revenue of $441.28 million for the quarter, compared to analyst estimates of $418.13 million. During the same period in the previous year, the firm earned $1.68 earnings per share. The firm’s quarterly revenue was up 16.7% on a year-over-year basis. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. On average, equities research analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Institutional Investors Weigh In On Huron Consulting Group

Several hedge funds and other institutional investors have recently bought and sold shares of HURN. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of 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. BloombergSen Inc. bought a new stake in Huron Consulting Group in the 2nd quarter valued at about $32,157,000. SG Capital Management LLC increased its position in Huron Consulting Group by 131.8% in the 3rd quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock valued at $36,764,000 after buying an additional 142,448 shares in the last quarter. Franklin Resources Inc. raised its stake in Huron Consulting Group by 27.5% during the 2nd quarter. Franklin Resources Inc. now owns 610,908 shares of the business services provider’s stock worth $84,024,000 after buying an additional 131,620 shares during the period. Finally, Boston Partners boosted its holdings in Huron Consulting Group by 17.0% in the third quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock worth $130,803,000 after acquiring an additional 129,073 shares in the last quarter. 93.90% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on HURN. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a research note on Wednesday, October 8th. Benchmark boosted their target price on shares of Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, December 24th. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Truist Financial lifted their price objective on Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Finally, Barrington Research boosted their price objective on Huron Consulting Group from $190.00 to $207.00 and gave the company an “outperform” rating in a research note on Monday, January 5th. Six research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $206.75.

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.