Huron Consulting Group (NASDAQ:HURN) Director Sells $13,755.50 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director Debra Zumwalt sold 82 shares of Huron Consulting Group stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $167.75, for a total value of $13,755.50. Following the sale, the director owned 27,037 shares of the company’s stock, valued at approximately $4,535,456.75. This trade represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Huron Consulting Group Trading Up 5.6%

NASDAQ HURN opened at $165.31 on Friday. The stock has a market cap of $2.63 billion, a PE ratio of 24.75 and a beta of 0.09. Huron Consulting Group Inc. has a 12 month low of $84.88 and a 12 month high of $186.77. The company’s 50-day moving average price is $156.05 and its 200-day moving average price is $129.18. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 2.11.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.46 earnings per share for the quarter, beating analysts’ consensus estimates of $2.17 by $0.29. The company had revenue of $475.04 million during the quarter, compared to analyst estimates of $448.98 million. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. The firm’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same quarter last year, the business posted $1.89 EPS. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. Equities research analysts forecast that Huron Consulting Group Inc. will post 9.18 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on HURN shares. Weiss Ratings upgraded shares of Huron Consulting Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, September 3rd. Zacks Research lowered shares of Huron Consulting Group from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Barrington Research reissued an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday, June 17th. Finally, Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $184.25.

Institutional Trading of Huron Consulting Group

Several hedge funds have recently modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Huron Consulting Group in the 2nd quarter worth approximately $125,191,000. Jennison Associates LLC increased its position in Huron Consulting Group by 13.6% during the 1st quarter. Jennison Associates LLC now owns 667,887 shares of the business services provider’s stock valued at $85,149,000 after buying an additional 80,132 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Huron Consulting Group by 2.0% in the first quarter. Dimensional Fund Advisors LP now owns 641,714 shares of the business services provider’s stock valued at $81,811,000 after buying an additional 12,528 shares during the last quarter. Bank of America Corp DE raised its stake in Huron Consulting Group by 6.6% in the first quarter. Bank of America Corp DE now owns 267,172 shares of the business services provider’s stock valued at $34,062,000 after buying an additional 16,482 shares during the last quarter. Finally, William Blair Investment Management LLC acquired a new stake in Huron Consulting Group in the second quarter worth about $15,359,000. 93.90% of the stock is owned by hedge funds and other institutional investors.

About Huron Consulting Group

Huron Consulting Group Inc (NASDAQ:HURN) is a global professional services company that helps organizations improve performance, manage change and address complex business challenges. Founded in 2002 and headquartered in Chicago, Illinois, the company serves clients in the healthcare, education and commercial sectors.

Huron’s services include strategy and operations consulting, digital transformation, technology implementation, data and analytics, financial and performance improvement, and managed services.