Huron Consulting Group (NASDAQ:HURN) Director Sells $29,051.30 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director Debra Zumwalt sold 170 shares of Huron Consulting Group stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $170.89, for a total value of $29,051.30. Following the transaction, the director directly owned 26,469 shares in the company, valued at approximately $4,523,287.41. This trade represents a 0.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Huron Consulting Group Stock Performance

Shares of HURN traded up $0.95 during mid-day trading on Wednesday, reaching $178.96. 21,992 shares of the company’s stock were exchanged, compared to its average volume of 126,138. The business’s fifty day simple moving average is $170.46 and its 200-day simple moving average is $150.28. The stock has a market capitalization of $3.09 billion, a PE ratio of 29.96 and a beta of 0.11. Huron Consulting Group Inc. has a 52-week low of $120.25 and a 52-week high of $182.71. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.44 and a quick ratio of 1.44.

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, beating 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 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 business earned $1.68 EPS. The firm’s 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. On average, equities research analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Analyst Upgrades and Downgrades

HURN has been the subject of several recent analyst reports. Benchmark raised their price objective on shares of Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, December 24th. Barrington Research upped their price target on Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a report on Monday. Wall Street Zen raised Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Weiss Ratings reiterated a “buy (b)” rating on shares of Huron Consulting Group in a research report on Wednesday, October 8th. Finally, Truist Financial upped their target price on Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a report on Friday, November 14th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $206.75.

Institutional Investors Weigh In On Huron Consulting Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Truist Financial Corp purchased a new position in shares of Huron Consulting Group in the 2nd quarter valued at $959,000. Dynamic Technology Lab Private Ltd purchased a new stake in Huron Consulting Group during the 1st quarter worth $585,000. Ritholtz Wealth Management acquired a new stake in Huron Consulting Group in the 2nd quarter valued at $499,000. Meritage Portfolio Management purchased a new position in Huron Consulting Group in the second quarter valued at about $610,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in Huron Consulting Group in the second quarter valued at about $1,481,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

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.