John Mccartney Sells 500 Shares of Huron Consulting Group (NASDAQ:HURN) Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney sold 500 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $145.68, for a total transaction of $72,840.00. Following the transaction, the director owned 50,317 shares in the company, valued at $7,330,180.56. The trade was a 0.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

John Mccartney also recently made the following trade(s):

• On Tuesday, September 2nd, John Mccartney sold 500 shares of Huron Consulting Group stock. The shares were sold at an average price of $136.21, for a total transaction of $68,105.00.
• On Friday, August 1st, John Mccartney sold 500 shares of Huron Consulting Group stock. The stock was sold at an average price of $129.11, for a total value of $64,555.00.

Huron Consulting Group Stock Up 1.9%

Shares of HURN opened at $150.32 on Monday. The business’s fifty day moving average price is $137.87 and its two-hundred day moving average price is $139.61. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of 26.23 and a beta of 0.29. Huron Consulting Group Inc. has a 52 week low of $102.94 and a 52 week high of $155.00. 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 released its earnings results 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 company had revenue of $402.50 million during the quarter, compared to the consensus estimate of $402.67 million. Huron Consulting Group had a return on equity of 25.52% and a net margin of 6.60%.The firm’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.68 earnings per share. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. On average, analysts predict that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Institutional Investors Weigh In On Huron Consulting Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Sowell Financial Services LLC acquired a new position in Huron Consulting Group during the 1st quarter worth approximately $203,000. KBC Group NV bought a new position in Huron Consulting Group in the first quarter valued at $128,000. Lisanti Capital Growth LLC bought a new position in Huron Consulting Group in the first quarter valued at $4,626,000. GSA Capital Partners LLP acquired a new stake in Huron Consulting Group in the 1st quarter valued at $760,000. Finally, Informed Momentum Co LLC bought a new stake in Huron Consulting Group during the 1st quarter worth about $3,988,000. Institutional investors and hedge funds own 93.90% of the company’s stock.

Analysts Set New Price Targets

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

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.