Insider Selling: Huron Consulting Group (NASDAQ:HURN) Director Sells 170 Shares of Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director Debra Zumwalt sold 170 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $146.92, for a total value of $24,976.40. Following the sale, the director owned 26,639 shares of the company’s stock, valued at approximately $3,913,801.88. The trade was a 0.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Debra Zumwalt also recently made the following trade(s):

• On Thursday, August 14th, Debra Zumwalt sold 170 shares of Huron Consulting Group stock. The stock was sold at an average price of $135.38, for a total transaction of $23,014.60.

Huron Consulting Group Trading Up 1.9%

Shares of Huron Consulting Group stock opened at $150.32 on Monday. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 1.35. The company has a fifty day simple moving average of $137.87 and a 200-day simple moving average of $139.61. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 26.23 and a beta of 0.29. Huron Consulting Group Inc. has a 12-month low of $102.94 and a 12-month high of $155.00.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Thursday, July 31st. The business services provider reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.79 by $0.10. Huron Consulting Group had a net margin of 6.60% and a return on equity of 25.52%. The firm had revenue of $402.50 million during the quarter, compared to analysts’ expectations of $402.67 million. During the same period in the previous year, the company earned $1.68 earnings per share. Huron Consulting Group’s quarterly revenue was up 8.3% compared to the same quarter last year. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. On average, equities analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Barrington Research raised their price target on Huron Consulting Group from $173.00 to $176.00 and gave the stock an “outperform” rating in a research note on Thursday, August 7th. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a research report on Saturday, September 27th. Finally, Wall Street Zen downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $171.50.

Institutional Investors Weigh In On Huron Consulting Group

Hedge funds have recently modified their holdings of the company. Quarry LP acquired a new position in shares of Huron Consulting Group in the first quarter valued at approximately $31,000. Opal Wealth Advisors LLC purchased a new stake in Huron Consulting Group in the 1st quarter worth approximately $35,000. N.E.W. Advisory Services LLC acquired a new position in Huron Consulting Group in the 2nd quarter valued at $41,000. EverSource Wealth Advisors LLC lifted its stake in shares of Huron Consulting Group by 1,018.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the business services provider’s stock worth $51,000 after purchasing an additional 336 shares during the period. Finally, CWM LLC boosted its holdings in shares of Huron Consulting Group by 55.9% during the first quarter. CWM LLC now owns 407 shares of the business services provider’s stock worth $58,000 after purchasing an additional 146 shares during the last quarter. 93.90% of the stock is owned by institutional investors and hedge funds.

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.