Pine Valley Investments Ltd Liability Co Takes $858,000 Position in Huron Consulting Group Inc. $HURN

Pine Valley Investments Ltd Liability Co purchased a new stake in Huron Consulting Group Inc. (NASDAQ:HURN) in the 1st quarter, HoldingsChannel reports. The institutional investor purchased 6,728 shares of the business services provider’s stock, valued at approximately $858,000.

A number of other large investors have also added to or reduced their stakes in the stock. CWM LLC grew its position in Huron Consulting Group by 14.9% during the fourth quarter. CWM LLC now owns 464 shares of the business services provider’s stock worth $80,000 after buying an additional 60 shares in the last quarter. California State Teachers Retirement System raised its holdings in Huron Consulting Group by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 16,396 shares of the business services provider’s stock valued at $2,255,000 after acquiring an additional 76 shares in the last quarter. Wedbush Securities Inc. raised its holdings in Huron Consulting Group by 4.8% in the 4th quarter. Wedbush Securities Inc. now owns 1,861 shares of the business services provider’s stock valued at $322,000 after acquiring an additional 85 shares in the last quarter. Truist Financial Corp lifted its position in shares of Huron Consulting Group by 1.4% during the 4th quarter. Truist Financial Corp now owns 6,485 shares of the business services provider’s stock valued at $1,121,000 after acquiring an additional 87 shares during the period. Finally, State of Wyoming lifted its position in shares of Huron Consulting Group by 3.5% during the 4th quarter. State of Wyoming now owns 3,098 shares of the business services provider’s stock valued at $536,000 after acquiring an additional 105 shares during the period. Institutional investors and hedge funds own 93.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on HURN shares. Barrington Research restated an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday. Wedbush reaffirmed an “outperform” rating and set a $160.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Truist Financial reduced their price objective on shares of Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. Finally, Zacks Research raised shares of Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $184.25.

Huron Consulting Group Trading Up 1.9%

Shares of HURN stock opened at $152.78 on Wednesday. The stock’s fifty day moving average price is $110.46 and its two-hundred day moving average price is $126.64. The company has a market cap of $2.43 billion, a PE ratio of 22.87 and a beta of 0.06. Huron Consulting Group Inc. has a fifty-two week low of $84.88 and a fifty-two week high of $186.77. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.71 and a current ratio of 1.71.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.46 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $475.04 million during the quarter, compared to analysts’ expectations of $448.98 million. During the same quarter in the previous year, the firm earned $1.89 EPS. Huron Consulting Group’s 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. Equities analysts predict that Huron Consulting Group Inc. will post 9.18 EPS for the current fiscal year.

Insider Transactions at Huron Consulting Group

In other news, CEO C. Mark Hussey sold 24,072 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $165.59, for a total value of $3,986,082.48. Following the completion of the transaction, the chief executive officer owned 74,399 shares of the company’s stock, valued at approximately $12,319,730.41. This represents a 24.45% decrease in their ownership of the stock. The transaction was disclosed in a legal 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 Ekta Singh-Bushell sold 443 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $118.44, for a total transaction of $52,468.92. Following the completion of the sale, the director owned 13,646 shares in the company, valued at approximately $1,616,232.24. The trade was a 3.14% 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. Over the last 90 days, insiders have sold 27,393 shares of company stock valued at $4,370,677. Company insiders own 2.07% of the company’s stock.

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.