Huron Consulting Group (NASDAQ:HURN) Director James Roth Sells 2,000 Shares of Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director James Roth sold 2,000 shares of Huron Consulting Group stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $146.30, for a total value of $292,600.00. Following the completion of the sale, the director owned 39,304 shares in the company, valued at approximately $5,750,175.20. This represents a 4.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Huron Consulting Group Price Performance

Shares of HURN stock opened at $150.32 on Friday. The firm has a market cap of $2.60 billion, a P/E ratio of 26.23 and a beta of 0.29. Huron Consulting Group Inc. has a fifty-two week low of $102.94 and a fifty-two week high of $155.00. The business’s 50 day moving average price is $137.87 and its 200-day moving average price is $139.74. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.99 and a current ratio of 1.99.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Thursday, July 31st. The business services provider reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.79 by $0.10. The firm had revenue of $402.50 million for the quarter, compared to analyst estimates of $402.67 million. Huron Consulting Group had a return on equity of 25.52% and a net margin of 6.60%.The business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same period last year, the company earned $1.68 EPS. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. On average, equities research analysts anticipate that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on HURN shares. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a research note on Saturday, September 27th. Barrington Research raised their target price on Huron Consulting Group from $173.00 to $176.00 and gave the company an “outperform” rating in a research note on Thursday, August 7th. Finally, Wall Street Zen cut Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $171.50.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. raised its stake in Huron Consulting Group by 911.6% during the second quarter. Osaic Holdings Inc. now owns 5,341 shares of the business services provider’s stock valued at $762,000 after buying an additional 4,813 shares during the last quarter. Orion Porfolio Solutions LLC raised its stake in Huron Consulting Group by 7.1% during the second quarter. Orion Porfolio Solutions LLC now owns 4,292 shares of the business services provider’s stock valued at $590,000 after buying an additional 283 shares during the last quarter. Squarepoint Ops LLC raised its stake in Huron Consulting Group by 369.2% during the second quarter. Squarepoint Ops LLC now owns 17,716 shares of the business services provider’s stock valued at $2,437,000 after buying an additional 13,940 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new position in Huron Consulting Group during the second quarter valued at $41,000. Finally, CANADA LIFE ASSURANCE Co raised its stake in Huron Consulting Group by 8.7% during the second quarter. CANADA LIFE ASSURANCE Co now owns 7,951 shares of the business services provider’s stock valued at $1,095,000 after buying an additional 638 shares during the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

About Huron Consulting Group

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children’s and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.