James Roth Sells 2,000 Shares of Huron Consulting Group (NASDAQ:HURN) Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director James Roth sold 2,000 shares of Huron Consulting Group stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $164.57, for a total value of $329,140.00. Following the sale, the director owned 35,304 shares of the company’s stock, valued at approximately $5,809,979.28. This trade represents a 5.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Huron Consulting Group Trading Up 2.6%

Shares of HURN opened at $170.52 on Friday. Huron Consulting Group Inc. has a 1-year low of $118.25 and a 1-year high of $174.26. The company has a market capitalization of $2.94 billion, a P/E ratio of 28.56 and a beta of 0.18. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.44 and a quick ratio of 1.44. The firm’s 50 day simple moving average is $157.86 and its 200 day simple moving average is $144.63.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results 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. The firm had revenue of $441.28 million for the quarter, compared to analyst estimates of $418.13 million. Huron Consulting Group had a net margin of 6.54% and a return on equity of 27.06%. The business’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.68 EPS. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. Sell-side analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Benchmark lifted their price target on Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. Wall Street Zen raised Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Truist Financial upped their target price on Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, November 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Huron Consulting Group in a research report on Wednesday, October 8th. Finally, Barrington Research boosted their price objective on shares of Huron Consulting Group from $173.00 to $176.00 and gave the stock an “outperform” rating in a report on Thursday, August 7th. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $190.25.

Hedge Funds Weigh In On Huron Consulting Group

A number of large investors have recently bought and sold shares of the stock. Truist Financial Corp bought a new position in shares of Huron Consulting Group in the second quarter worth approximately $959,000. Informed Momentum Co LLC bought a new stake in Huron Consulting Group in the 1st quarter worth $3,988,000. Panagora Asset Management Inc. increased its position in shares of Huron Consulting Group by 33.2% in the first quarter. Panagora Asset Management Inc. now owns 91,562 shares of the business services provider’s stock valued at $13,135,000 after acquiring an additional 22,839 shares during the period. Headlands Technologies LLC bought a new position in shares of Huron Consulting Group during the first quarter valued at about $868,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Huron Consulting Group during the first quarter valued at about $585,000. 93.90% of the stock is owned by hedge funds and other institutional investors.

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.