Insider Selling: Huron Consulting Group (NASDAQ:HURN) Director Sells $191,223.21 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director Joy Brown sold 1,821 shares of Huron Consulting Group stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $105.01, for a total transaction of $191,223.21. Following the completion of the transaction, the director directly owned 8,575 shares of the company’s stock, valued at $900,460.75. This trade represents a 17.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Huron Consulting Group Trading Up 0.4%

Shares of NASDAQ:HURN opened at $107.39 on Friday. The company has a market cap of $1.74 billion, a PE ratio of 18.33 and a beta of 0.15. The company’s 50-day moving average price is $120.98 and its 200 day moving average price is $147.29. Huron Consulting Group Inc. has a fifty-two week low of $100.10 and a fifty-two week high of $186.77. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 2.10.

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

Institutional Trading of Huron Consulting Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. CWM LLC increased its position in shares of Huron Consulting Group by 14.9% in the fourth quarter. CWM LLC now owns 464 shares of the business services provider’s stock worth $80,000 after acquiring an additional 60 shares in the last quarter. California State Teachers Retirement System grew its position in Huron Consulting Group by 0.5% during the second quarter. California State Teachers Retirement System now owns 16,396 shares of the business services provider’s stock valued at $2,255,000 after purchasing an additional 76 shares in the last quarter. Wedbush Securities Inc. grew its position in Huron Consulting Group by 4.8% during the fourth quarter. Wedbush Securities Inc. now owns 1,861 shares of the business services provider’s stock valued at $322,000 after purchasing an additional 85 shares in the last quarter. Truist Financial Corp grew its position in Huron Consulting Group by 1.4% during the fourth quarter. Truist Financial Corp now owns 6,485 shares of the business services provider’s stock valued at $1,121,000 after purchasing an additional 87 shares in the last quarter. Finally, Clearstead Advisors LLC grew 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 in the last quarter. 93.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

About Huron Consulting Group

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.