Huron Consulting Group (NASDAQ:HURN) Director Sells $18,511.92 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director Ekta Singh-Bushell sold 126 shares of the company’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $146.92, for a total value of $18,511.92. Following the transaction, the director owned 15,341 shares of the company’s stock, valued at approximately $2,253,899.72. The trade was a 0.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ekta Singh-Bushell also recently made the following trade(s):

• On Thursday, August 14th, Ekta Singh-Bushell sold 126 shares of Huron Consulting Group stock. The stock was sold at an average price of $135.38, for a total value of $17,057.88.

Huron Consulting Group Trading Up 1.6%

NASDAQ:HURN opened at $152.30 on Thursday. Huron Consulting Group Inc. has a 1 year low of $102.94 and a 1 year high of $155.00. The stock has a market cap of $2.64 billion, a price-to-earnings ratio of 26.58 and a beta of 0.29. The business has a fifty day moving average of $138.92 and a 200-day moving average of $139.83. 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 quarterly earnings results on Thursday, July 31st. The business services provider reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.10. Huron Consulting Group had a return on equity of 25.52% and a net margin of 6.60%.The company had revenue of $402.50 million during the quarter, compared to analysts’ expectations of $402.67 million. During the same quarter in the prior year, the business posted $1.68 earnings per share. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. Equities analysts predict that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Hedge Funds Weigh In On Huron Consulting Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Huron Consulting Group by 149.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,199,574 shares of the business services provider’s stock valued at $172,079,000 after purchasing an additional 719,199 shares during the period. Franklin Resources Inc. boosted its position in shares of Huron Consulting Group by 27.5% in the 2nd quarter. Franklin Resources Inc. now owns 610,908 shares of the business services provider’s stock valued at $84,024,000 after purchasing an additional 131,620 shares during the period. Jennison Associates LLC boosted its position in shares of Huron Consulting Group by 17.4% in the 2nd quarter. Jennison Associates LLC now owns 581,397 shares of the business services provider’s stock valued at $79,965,000 after purchasing an additional 86,069 shares during the period. Sunriver Management LLC boosted its position in shares of Huron Consulting Group by 10.6% in the 2nd quarter. Sunriver Management LLC now owns 378,211 shares of the business services provider’s stock valued at $52,019,000 after purchasing an additional 36,303 shares during the period. Finally, Invesco Ltd. boosted its position in shares of Huron Consulting Group by 7.9% in the 1st quarter. Invesco Ltd. now owns 282,017 shares of the business services provider’s stock valued at $40,455,000 after purchasing an additional 20,680 shares during the period. Institutional investors and hedge funds own 93.90% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on HURN. Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a report on Wednesday. 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, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus 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.