Huron Consulting Group (NASDAQ:HURN) Shares Up 5.2% – Here’s What Happened

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) were up 5.2% on Monday . The stock traded as high as $111.31 and last traded at $111.3930. Approximately 65,070 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 284,894 shares. The stock had previously closed at $105.85.

Analyst Ratings Changes

Several research analysts have issued reports on HURN shares. Truist Financial dropped their target price on shares of Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a report on Tuesday, June 9th. Barrington Research restated an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, June 17th. Wall Street Zen cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Sunday. Weiss Ratings downgraded shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 12th. Finally, Wedbush reissued an “outperform” rating and set a $160.00 price objective on shares of Huron Consulting Group in a report on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $184.25.

Huron Consulting Group Trading Down 1.3%

The firm has a market capitalization of $1.78 billion, a PE ratio of 18.73 and a beta of 0.12. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 2.10. The company’s 50-day simple moving average is $104.80 and its 200 day simple moving average is $131.94.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.15. The firm had revenue of $451.77 million for the quarter, compared to the consensus estimate of $437.12 million. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.68 EPS. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, sell-side analysts expect that Huron Consulting Group Inc. will post 8.71 EPS for the current year.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director Joy Brown sold 1,821 shares of Huron Consulting Group stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $105.01, for a total value of $191,223.21. Following the transaction, the director directly owned 8,575 shares of the company’s stock, valued at approximately $900,460.75. The trade was a 17.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Debra Zumwalt sold 598 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $118.44, for a total value of $70,827.12. Following the transaction, the director directly owned 27,201 shares in the company, valued at approximately $3,221,686.44. The trade was a 2.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,862 shares of company stock worth $314,519 over the last three months. Corporate insiders own 2.07% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Harbor Investment Advisory LLC raised its stake in Huron Consulting Group by 46.5% in the second quarter. Harbor Investment Advisory LLC now owns 1,831 shares of the business services provider’s stock valued at $165,000 after buying an additional 581 shares during the last quarter. Empowered Funds LLC acquired a new stake in Huron Consulting Group in the first quarter worth about $258,000. Pine Valley Investments Ltd Liability Co purchased a new stake in shares of Huron Consulting Group during the first quarter worth about $858,000. Bank of America Corp DE grew its stake in shares of Huron Consulting Group by 6.6% during the first quarter. Bank of America Corp DE now owns 267,172 shares of the business services provider’s stock worth $34,062,000 after acquiring an additional 16,482 shares during the last quarter. Finally, California State Teachers Retirement System increased its holdings in shares of Huron Consulting Group by 25.9% during the first quarter. California State Teachers Retirement System now owns 20,621 shares of the business services provider’s stock valued at $2,629,000 after acquiring an additional 4,239 shares in the last quarter. 93.90% of the stock is owned by institutional investors and hedge funds.

Huron Consulting Group Company Profile

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.