Huron Consulting Group (NASDAQ:HURN) Director Debra Zumwalt Sells 82 Shares of Company Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director Debra Zumwalt sold 82 shares of the firm’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $167.75, for a total transaction of $13,755.50. Following the sale, the director directly owned 27,037 shares in the company, valued at $4,535,456.75. This represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Huron Consulting Group Trading Down 0.2%

Shares of HURN traded down $0.34 on Tuesday, hitting $159.75. 59,537 shares of the stock traded hands, compared to its average volume of 284,969. Huron Consulting Group Inc. has a 1 year low of $84.88 and a 1 year high of $186.77. The stock’s 50 day moving average is $155.55 and its two-hundred day moving average is $128.50. The firm has a market capitalization of $2.54 billion, a P/E ratio of 23.92 and a beta of 0.09. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 2.11.

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Truist Financial cut their price objective on shares of Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a report on Tuesday, June 9th. Barrington Research reaffirmed an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Weiss Ratings raised Huron Consulting Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, September 3rd. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Finally, Zacks Research cut Huron Consulting Group from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $184.25.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Jupiter Topco LLC bought a new position in shares of Huron Consulting Group during the second quarter valued at approximately $752,000. Legal & General Group Plc acquired a new position in Huron Consulting Group during the 2nd quarter valued at approximately $1,465,000. Corient Private Wealth LP bought a new position in Huron Consulting Group during the 2nd quarter worth $2,816,000. The Manufacturers Life Insurance Company acquired a new stake in Huron Consulting Group in the second quarter worth $767,000. Finally, Susquehanna Fundamental Investments LLC bought a new stake in Huron Consulting Group in the second quarter valued at $1,358,000. 93.90% of the stock is owned by institutional investors and hedge funds.

About Huron Consulting Group

Huron Consulting Group Inc (NASDAQ:HURN) is a global professional services company that helps organizations improve performance, manage change and address complex business challenges. Founded in 2002 and headquartered in Chicago, Illinois, the company serves clients in the healthcare, education and commercial sectors.

Huron’s services include strategy and operations consulting, digital transformation, technology implementation, data and analytics, financial and performance improvement, and managed services.