Huron Consulting Group (NASDAQ:HURN) Director Debra Zumwalt Sells 170 Shares of Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director Debra Zumwalt sold 170 shares of the stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $170.89, for a total transaction of $29,051.30. Following the completion of the sale, the director owned 26,469 shares of the company’s stock, valued at approximately $4,523,287.41. This represents a 0.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Huron Consulting Group Price Performance

Huron Consulting Group stock opened at $179.20 on Thursday. Huron Consulting Group Inc. has a 52 week low of $120.25 and a 52 week high of $182.71. The company’s 50 day moving average price is $170.66 and its two-hundred day moving average price is $150.48. The stock has a market cap of $3.09 billion, a P/E ratio of 30.02 and a beta of 0.11. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 1.18.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, October 28th. The business services provider reported $2.10 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.24. Huron Consulting Group had a return on equity of 27.06% and a net margin of 6.54%.The business had revenue of $441.28 million for the quarter, compared to analysts’ expectations of $418.13 million. During the same quarter in the previous year, the firm earned $1.68 earnings per share. The business’s 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. On average, equities analysts predict that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Truist Financial lifted their price objective on shares of Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Barrington Research upped their price objective on Huron Consulting Group from $190.00 to $207.00 and gave the company an “outperform” rating in a research note on Monday. Finally, Benchmark increased their price objective on Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, December 24th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $206.75.

Institutional Trading of Huron Consulting Group

A number of institutional investors have recently modified their holdings of the business. California State Teachers Retirement System boosted its holdings in Huron Consulting Group by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 16,396 shares of the business services provider’s stock worth $2,255,000 after buying an additional 76 shares during the period. Richardson Financial Services Inc. boosted its holdings in shares of Huron Consulting Group by 68.1% in the third quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock worth $29,000 after acquiring an additional 79 shares during the period. Clearstead Advisors LLC grew its position in shares of Huron Consulting Group by 86.2% in 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. Savant Capital LLC raised its stake in shares of Huron Consulting Group by 6.9% during the 2nd quarter. Savant Capital LLC now owns 1,686 shares of the business services provider’s stock valued at $232,000 after purchasing an additional 109 shares during the period. Finally, Keeler Thomas Management LLC raised its stake in shares of Huron Consulting Group by 1.7% during the 3rd quarter. Keeler Thomas Management LLC now owns 8,250 shares of the business services provider’s stock valued at $1,211,000 after purchasing an additional 136 shares during the period. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

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.