Huron Consulting Group (NASDAQ:HURN) Director Sells $15,993.18 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director Ekta Singh-Bushell sold 126 shares of the company’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $126.93, for a total value of $15,993.18. Following the transaction, the director owned 14,089 shares in the company, valued at $1,788,316.77. This trade represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Huron Consulting Group Stock Down 1.2%

NASDAQ:HURN opened at $130.00 on Thursday. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.93. The stock’s fifty day moving average is $137.51 and its two-hundred day moving average is $155.71. Huron Consulting Group Inc. has a 52 week low of $116.12 and a 52 week high of $186.77. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 22.22 and a beta of 0.19.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings results on Tuesday, February 24th. The business services provider reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.23. Huron Consulting Group had a return on equity of 28.20% and a net margin of 6.18%.The company had revenue of $441.96 million for the quarter, compared to analysts’ expectations of $433.57 million. During the same period in the prior year, the firm earned $1.90 earnings per share. The firm’s revenue was up 10.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Research analysts anticipate that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Benchmark upped their price target on Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, December 24th. Barrington Research upped their price target on Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Wall Street Zen cut Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a research note on Thursday, January 22nd. Finally, Wedbush increased their price objective on Huron Consulting Group from $165.00 to $200.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Huron Consulting Group currently has an average rating of “Buy” and an average target price of $215.50.

Institutional Trading of Huron Consulting Group

Several hedge funds have recently modified their holdings of the stock. Boston Partners raised its stake in shares of Huron Consulting Group by 17.0% in the third quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock valued at $130,803,000 after acquiring an additional 129,073 shares in the last quarter. Morgan Stanley raised its stake in shares of Huron Consulting Group by 11.4% in the fourth quarter. Morgan Stanley now owns 779,120 shares of the business services provider’s stock valued at $134,718,000 after acquiring an additional 79,757 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Huron Consulting Group by 0.5% in the third quarter. Franklin Resources Inc. now owns 614,248 shares of the business services provider’s stock valued at $90,153,000 after acquiring an additional 3,340 shares in the last quarter. Jennison Associates LLC raised its stake in shares of Huron Consulting Group by 1.2% in the fourth quarter. Jennison Associates LLC now owns 587,755 shares of the business services provider’s stock valued at $101,629,000 after acquiring an additional 6,810 shares in the last quarter. Finally, Fiduciary Management Inc. WI acquired a new stake in shares of Huron Consulting Group in the fourth quarter valued at $90,661,000. 93.90% of the stock is currently owned by institutional investors and hedge funds.

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.