Insider Selling: Huron Consulting Group (NASDAQ:HURN) Director Sells $178,550.00 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director Ekta Singh-Bushell sold 1,000 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $178.55, for a total value of $178,550.00. Following the completion of the sale, the director owned 14,341 shares of the company’s stock, valued at $2,560,585.55. This trade represents a 6.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Ekta Singh-Bushell also recently made the following trade(s):

• On Thursday, October 2nd, Ekta Singh-Bushell sold 126 shares of Huron Consulting Group stock. The shares were sold at an average price of $146.92, for a total value of $18,511.92.

Huron Consulting Group Price Performance

Shares of HURN opened at $179.70 on Thursday. The stock has a 50 day simple moving average of $162.79 and a 200 day simple moving average of $146.34. Huron Consulting Group Inc. has a 52-week low of $118.25 and a 52-week high of $181.40. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.44 and a current ratio of 1.44. The firm has a market capitalization of $3.10 billion, a PE ratio of 30.10 and a beta of 0.18.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, October 28th. The business services provider reported $2.10 EPS for the quarter, topping the consensus estimate of $1.86 by $0.24. Huron Consulting Group had a net margin of 6.54% and a return on equity of 27.06%. The firm had revenue of $441.28 million for the quarter, compared to the consensus estimate of $418.13 million. During the same period last year, the company posted $1.68 EPS. The business’s quarterly revenue was up 16.7% on a year-over-year basis. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. Sell-side analysts predict that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Hedge Funds Weigh In On Huron Consulting Group

Large investors have recently modified their holdings of the business. Richardson Financial Services Inc. grew its holdings in shares of Huron Consulting Group by 68.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 79 shares in the last quarter. Clearstead Advisors LLC boosted its position in Huron Consulting Group by 86.2% during the third quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 94 shares during the last quarter. Quarry LP bought a new position in Huron Consulting Group in the first quarter valued at approximately $31,000. Brown Brothers Harriman & Co. bought a new position in Huron Consulting Group in the third quarter valued at approximately $35,000. Finally, Advisory Services Network LLC acquired a new position in shares of Huron Consulting Group during the 3rd quarter worth approximately $36,000. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on HURN. Benchmark boosted their price objective on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Truist Financial boosted their price target on Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a report on Friday, November 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a research report on Wednesday, October 8th. Finally, Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat, Huron Consulting Group currently has a consensus rating of “Buy” and an average price target of $190.25.

Huron Consulting Group Company Profile

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.