Jupiter Topco LLC Purchases Shares of 8,351 Huron Consulting Group Inc. $HURN

Jupiter Topco LLC purchased a new position in Huron Consulting Group Inc. (NASDAQ:HURNFree Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 8,351 shares of the business services provider’s stock, valued at approximately $752,000.

A number of other institutional investors have also recently made changes to their positions in the company. CWM LLC increased its holdings in shares of Huron Consulting Group by 14.9% in the fourth quarter. CWM LLC now owns 464 shares of the business services provider’s stock worth $80,000 after purchasing an additional 60 shares during the last quarter. California State Teachers Retirement System grew its holdings in Huron Consulting Group by 0.5% during the 2nd quarter. California State Teachers Retirement System now owns 16,396 shares of the business services provider’s stock valued at $2,255,000 after buying an additional 76 shares in the last quarter. Wedbush Securities Inc. raised its holdings in shares of Huron Consulting Group by 4.8% during the 4th quarter. Wedbush Securities Inc. now owns 1,861 shares of the business services provider’s stock worth $322,000 after acquiring an additional 85 shares in the last quarter. Truist Financial Corp boosted its position in shares of Huron Consulting Group by 1.4% during the 4th quarter. Truist Financial Corp now owns 6,485 shares of the business services provider’s stock valued at $1,121,000 after acquiring an additional 87 shares during the last quarter. Finally, State of Wyoming boosted its position in shares of Huron Consulting Group by 3.5% during the 4th quarter. State of Wyoming now owns 3,098 shares of the business services provider’s stock valued at $536,000 after acquiring an additional 105 shares during the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Report on Huron Consulting Group

Insider Transactions at Huron Consulting Group

In related news, insider Kyle Featherstone sold 459 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $152.67, for a total transaction of $70,075.53. Following the completion of the sale, the insider directly owned 1,050 shares of the company’s stock, valued at approximately $160,303.50. This trade represents a 30.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C. Hussey sold 24,072 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $165.59, for a total value of $3,986,082.48. Following the transaction, the chief executive officer owned 74,399 shares of the company’s stock, valued at approximately $12,319,730.41. The trade was a 24.45% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.07% of the company’s stock.

Huron Consulting Group Price Performance

Shares of HURN opened at $155.27 on Monday. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 2.11. The business has a fifty day moving average of $134.53 and a 200 day moving average of $125.44. The company has a market cap of $2.47 billion, a PE ratio of 23.24 and a beta of 0.07. Huron Consulting Group Inc. has a 52-week low of $84.88 and a 52-week high of $186.77.

Huron Consulting Group (NASDAQ:HURNGet Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.46 earnings per share 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 was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.89 earnings per share. 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

(Free Report)

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.

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Institutional Ownership by Quarter for Huron Consulting Group (NASDAQ:HURN)

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