Huron Consulting Group (NASDAQ:HURN) Reaches New 1-Year Low on Insider Selling

Huron Consulting Group Inc. (NASDAQ:HURN) shares hit a new 52-week low during mid-day trading on Wednesday after an insider sold shares in the company. The stock traded as low as $100.10 and last traded at $103.90, with a volume of 351378 shares. The stock had previously closed at $105.46.

Specifically, Director Joy Brown sold 1,821 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $105.01, for a total transaction of $191,223.21. Following the transaction, the director directly owned 8,575 shares in the company, valued at approximately $900,460.75. This represents a 17.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Wall Street Zen lowered Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Weiss Ratings lowered Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Finally, Wedbush reiterated an “outperform” rating and set a $160.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $205.50.

Huron Consulting Group Trading Up 2.1%

The firm has a 50-day moving average of $121.35 and a 200-day moving average of $147.57. The company has a debt-to-equity ratio of 2.10, a quick ratio of 2.22 and a current ratio of 2.22. The firm has a market capitalization of $1.73 billion, a P/E ratio of 18.25 and a beta of 0.15.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.15. Huron Consulting Group had a return on equity of 29.41% and a net margin of 5.94%.The business had revenue of $451.77 million for the quarter, compared to analyst estimates of $437.12 million. During the same period last year, the company earned $1.68 EPS. Huron Consulting Group’s revenue for the quarter was up 12.1% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, equities research analysts anticipate that Huron Consulting Group Inc. will post 8.71 EPS for the current fiscal year.

Hedge Funds Weigh In On Huron Consulting Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jefferies Financial Group Inc. bought a new position in Huron Consulting Group during the 3rd quarter worth approximately $4,328,000. Hussman Strategic Advisors Inc. bought a new position in Huron Consulting Group during the 3rd quarter worth approximately $925,000. Thrivent Financial for Lutherans bought a new position in Huron Consulting Group during the 3rd quarter worth approximately $11,633,000. SG Capital Management LLC grew its position in Huron Consulting Group by 131.8% during the 3rd quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock worth $36,764,000 after acquiring an additional 142,448 shares during the last quarter. Finally, AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Huron Consulting Group in the 4th quarter worth approximately $2,054,000. 93.90% of the stock is currently owned by institutional investors.

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.