Huron Consulting Group (NASDAQ:HURN) Stock Price Up 5.5% – Here’s What Happened

Huron Consulting Group Inc. (NASDAQ:HURN) shares shot up 5.5% on Friday . The company traded as high as $107.50 and last traded at $108.5590. 52,466 shares changed hands during trading, a decline of 82% from the average session volume of 284,344 shares. The stock had previously closed at $102.92.

Wall Street Analyst Weigh In

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

Huron Consulting Group Stock Up 3.7%

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 company has a market cap of $1.73 billion, a price-to-earnings ratio of 18.19 and a beta of 0.15. The business has a 50-day simple moving average of $127.34 and a 200-day simple moving average of $151.62.

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, beating analysts’ consensus estimates of $1.58 by $0.15. The company had revenue of $451.77 million for the quarter, compared to analyst estimates of $437.12 million. Huron Consulting Group had a return on equity of 29.41% and a net margin of 5.94%.Huron Consulting Group’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.68 EPS. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, equities analysts anticipate that Huron Consulting Group Inc. will post 8.71 earnings per share for the current fiscal year.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $127.68, for a total value of $63,840.00. Following the sale, the director owned 40,817 shares of the company’s stock, valued at $5,211,514.56. This trade represents a 1.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ekta Singh-Bushell sold 443 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $118.44, for a total value of $52,468.92. Following the completion of the sale, the director directly owned 13,646 shares in the company, valued at $1,616,232.24. This represents a 3.14% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,837 shares of company stock valued at $224,707 in the last quarter. Corporate insiders own 2.07% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

A number of hedge funds have recently bought and sold shares of the stock. Hussman Strategic Advisors Inc. acquired a new stake in shares of Huron Consulting Group during the 3rd quarter worth about $925,000. Jefferies Financial Group Inc. acquired a new stake in shares of Huron Consulting Group during the 3rd quarter worth about $4,328,000. Thrivent Financial for Lutherans acquired a new stake in shares of Huron Consulting Group during the 3rd quarter worth about $11,633,000. SG Capital Management LLC raised its position in shares of 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 in the last quarter. Finally, BloombergSen Inc. raised its position in shares of Huron Consulting Group by 56.2% during the 3rd quarter. BloombergSen Inc. now owns 365,167 shares of the business services provider’s stock worth $53,596,000 after acquiring an additional 131,365 shares in the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

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.