Rice Hall James & Associates LLC Invests $1.81 Million in Huron Consulting Group Inc. $HURN

Rice Hall James & Associates LLC purchased a new position in Huron Consulting Group Inc. (NASDAQ:HURN) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 20,071 shares of the business services provider’s stock, valued at approximately $1,810,000.

Several other institutional investors also recently added to or reduced their stakes in HURN. Strs Ohio purchased a new stake in Huron Consulting Group during the fourth quarter worth about $35,000. Brown Brothers Harriman & Co. purchased a new position in Huron Consulting Group in the third quarter valued at about $35,000. Advisory Services Network LLC bought a new position in shares of Huron Consulting Group during the 3rd quarter valued at approximately $36,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Huron Consulting Group during the 4th quarter worth approximately $39,000. Finally, Caitong International Asset Management Co. Ltd increased its stake in shares of Huron Consulting Group by 11,900.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 240 shares of the business services provider’s stock worth $41,000 after purchasing an additional 238 shares during the last quarter. Institutional investors own 93.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on HURN shares. Zacks Research raised Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Wall Street Zen raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Truist Financial cut their price target on Huron Consulting Group to $155.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. Barrington Research reissued an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, June 17th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Huron Consulting Group in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $184.25.

Insider Activity at Huron Consulting Group

In related news, CEO C. Mark Hussey sold 24,072 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $165.59, for a total transaction of $3,986,082.48. Following the sale, the chief executive officer directly owned 74,399 shares in the company, valued at approximately $12,319,730.41. The trade was a 24.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kyle Featherstone sold 459 shares of the stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $152.67, for a total value of $70,075.53. Following the sale, the insider directly owned 1,050 shares in the company, valued at $160,303.50. This trade represents a 30.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 26,352 shares of company stock worth $4,247,381. 2.07% of the stock is owned by company insiders.

Huron Consulting Group Stock Up 2.0%

HURN opened at $151.37 on Wednesday. Huron Consulting Group Inc. has a 12 month low of $84.88 and a 12 month high of $186.77. The company has a market cap of $2.41 billion, a PE ratio of 22.66 and a beta of 0.06. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 2.11. The company has a 50 day moving average of $119.17 and a 200 day moving average of $124.87.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.17 by $0.29. The business had revenue of $475.04 million for the quarter, compared to analysts’ expectations of $448.98 million. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. The business’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.89 EPS. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. On average, sell-side analysts expect that Huron Consulting Group Inc. will post 9.18 EPS for the current year.

Huron Consulting Group 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.