Huron Consulting Group (NASDAQ:HURN) Shares Down 7% Following Insider Selling

Huron Consulting Group Inc. (NASDAQ:HURN) shares traded down 7% during mid-day trading on Friday following insider selling activity. The company traded as low as $150.75 and last traded at $152.2620. 517,304 shares changed hands during mid-day trading, an increase of 73% from the average session volume of 299,204 shares. The stock had previously closed at $163.76.

Specifically, CEO C. Mark Hussey sold 24,072 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $165.59, for a total transaction of $3,986,082.48. Following the completion of the transaction, the chief executive officer directly owned 74,399 shares in the company, valued at approximately $12,319,730.41. This trade represents a 24.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

HURN has been the topic of several analyst reports. Zacks Research raised shares of Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Weiss Ratings cut Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Truist Financial lowered their target price on Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, June 9th. Wall Street Zen raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Barrington Research reaffirmed an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $184.25.

More Huron Consulting Group News

Here are the key news stories impacting Huron Consulting Group this week:

• Positive Sentiment: Huron reported second-quarter adjusted EPS of $2.46, above the $2.17 consensus estimate, while revenue reached $475.04 million versus expectations of $448.98 million. Revenue rose 15.7% year over year, supporting investor confidence in the company’s operating momentum. Huron Consulting Group Shares Gap Up Following Earnings Beat
• Positive Sentiment: Management maintained fiscal 2026 EPS guidance of $9.00–$9.40, broadly consistent with the analyst estimate of $9.23. The guidance provides continued support for the growth outlook following the earnings beat.
• Positive Sentiment: Analyst sentiment improved, with Zacks Research upgrading HURN from “hold” to “strong buy” and Wall Street Zen raising its rating to “buy.” MarketBeat’s reported consensus rating is also “Buy,” with an average price target of $184.25. Zacks Research Wall Street Zen Rating Upgrade
• Positive Sentiment: Recent coverage of Huron’s AI-focused expansion suggests that investments in artificial intelligence and technology consulting could broaden its service offering and create an additional long-term growth catalyst. Huron Consulting Group AI-Focused Expansion
• Neutral Sentiment: The company’s earnings call was characterized as showing “strong momentum,” but the available coverage provides limited additional quantitative detail beyond the reported results and guidance. Huron Consulting Group Earnings Call Highlights Strong Momentum
• Negative Sentiment: CEO C. Mark Hussey sold 24,072 shares valued at approximately $3.99 million, reducing his direct ownership by 24.45%. The sale was conducted under a pre-arranged Rule 10b5-1 plan, which lessens its bearish significance, but it may still weigh on near-term sentiment.
• Negative Sentiment: After the earnings-driven rally, investors may be locking in gains as HURN trades at a relatively demanding earnings multiple. This profit-taking pressure appears to be offsetting the strong quarterly performance and positive analyst revisions.

Huron Consulting Group Trading Down 7.3%

The company has a market cap of $2.41 billion, a P/E ratio of 22.72 and a beta of 0.12. The business’s 50-day moving average price is $108.59 and its 200 day moving average price is $127.49. The company has a debt-to-equity ratio of 2.11, a quick ratio of 2.22 and a current ratio of 1.71.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.17 by $0.29. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. The company had revenue of $475.04 million for the quarter, compared to analysts’ expectations of $448.98 million. During the same period in the prior year, the firm earned $1.89 EPS. Huron Consulting Group’s quarterly revenue was up 15.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. As a group, analysts expect that Huron Consulting Group Inc. will post 9.23 earnings per share for the current year.

Institutional Trading of Huron Consulting Group

Hedge funds have recently made changes to their positions in the business. Harbor Investment Advisory LLC increased its holdings in shares of Huron Consulting Group by 46.5% during the 2nd quarter. Harbor Investment Advisory LLC now owns 1,831 shares of the business services provider’s stock worth $165,000 after acquiring an additional 581 shares during the last quarter. Empowered Funds LLC acquired a new stake in Huron Consulting Group during the 1st quarter valued at $258,000. Pine Valley Investments Ltd Liability Co acquired a new stake in Huron Consulting Group during the 1st quarter valued at $858,000. Bank of America Corp DE boosted its position in 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 purchasing an additional 16,482 shares during the period. Finally, California State Teachers Retirement System boosted its position in 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 worth $2,629,000 after purchasing an additional 4,239 shares during the period. 93.90% of the stock is owned by institutional investors and hedge funds.

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.