Huron Consulting Group (NASDAQ:HURN) Director Joy Brown Sells 1,821 Shares of Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director Joy Brown sold 1,821 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $105.01, for a total value of $191,223.21. Following the sale, the director owned 8,575 shares of the company’s stock, valued at $900,460.75. This represents a 17.52% 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.

Huron Consulting Group Price Performance

HURN stock opened at $104.74 on Thursday. The firm has a market cap of $1.70 billion, a P/E ratio of 17.87 and a beta of 0.15. Huron Consulting Group Inc. has a 1 year low of $100.10 and a 1 year high of $186.77. The company has a debt-to-equity ratio of 2.10, a quick ratio of 2.22 and a current ratio of 2.22. The stock has a 50-day simple moving average of $121.74 and a 200-day simple moving average of $147.98.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.15. Huron Consulting Group had a return on equity of 29.41% and a net margin of 5.94%.The firm had revenue of $451.77 million during the quarter, compared to the consensus estimate of $437.12 million. During the same quarter in the prior year, the business posted $1.68 earnings per share. Huron Consulting Group’s revenue for the quarter was up 12.1% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, equities analysts predict that Huron Consulting Group Inc. will post 8.71 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Huron Consulting Group

A number of hedge funds have recently modified their holdings of the stock. Maseco LLP purchased a new position in shares of Huron Consulting Group during the fourth quarter valued at $29,000. Clearstead Advisors LLC grew its holdings in shares of Huron Consulting Group by 86.2% during the third quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock valued at $30,000 after buying an additional 94 shares in the last quarter. Strs Ohio purchased a new position in shares of Huron Consulting Group during the fourth quarter valued at $35,000. Brown Brothers Harriman & Co. purchased a new position in shares of Huron Consulting Group during the third quarter valued at $35,000. Finally, Advisory Services Network LLC purchased a new position in shares of Huron Consulting Group during the third quarter valued at $36,000. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HURN. Weiss Ratings downgraded Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Wall Street Zen cut Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Finally, Wedbush restated an “outperform” rating and issued a $160.00 target price on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Huron Consulting Group presently has an average rating of “Moderate Buy” and a consensus price target of $205.50.

About Huron Consulting Group

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.