Squarepoint Ops LLC Buys 35,300 Shares of Huron Consulting Group Inc. $HURN

Squarepoint Ops LLC grew its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 1,272.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 38,075 shares of the business services provider’s stock after acquiring an additional 35,300 shares during the quarter. Squarepoint Ops LLC’s holdings in Huron Consulting Group were worth $3,433,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Huron Consulting Group by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,464 shares of the business services provider’s stock valued at $1,501,000 after acquiring an additional 469 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Huron Consulting Group by 53.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 198,938 shares of the business services provider’s stock worth $28,538,000 after acquiring an additional 68,891 shares during the last quarter. Jane Street Group LLC purchased a new position in Huron Consulting Group in the 1st quarter worth approximately $6,313,000. Intech Investment Management LLC increased its stake in Huron Consulting Group by 28.1% in the 1st quarter. Intech Investment Management LLC now owns 11,064 shares of the business services provider’s stock worth $1,587,000 after purchasing an additional 2,425 shares during the period. Finally, Acadian Asset Management LLC lifted its position in Huron Consulting Group by 174.4% in the first quarter. Acadian Asset Management LLC now owns 3,361 shares of the business services provider’s stock valued at $481,000 after purchasing an additional 2,136 shares during the last quarter. 93.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Barrington Research restated an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Truist Financial cut their target price on Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. Zacks Research upgraded Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Wall Street Zen raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, Weiss Ratings upgraded Huron Consulting Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, September 3rd. One research 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 company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $184.25.

Huron Consulting Group Trading Up 0.3%

NASDAQ HURN opened at $149.93 on Friday. Huron Consulting Group Inc. has a 12 month low of $84.88 and a 12 month high of $186.77. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 2.11. The stock’s fifty day moving average price is $140.04 and its 200-day moving average price is $126.14. The stock has a market cap of $2.39 billion, a P/E ratio of 22.44 and a beta of 0.07.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.46 earnings per share for the quarter, topping 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 during the quarter, compared to analyst estimates of $448.98 million. During the same period in the previous year, the business earned $1.89 EPS. The firm’s revenue for the quarter was up 15.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. As a group, equities analysts forecast that Huron Consulting Group Inc. will post 9.18 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO C. Hussey sold 24,072 shares of Huron Consulting Group stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $165.59, for a total value of $3,986,082.48. Following the completion of the sale, the chief executive officer owned 74,399 shares of the company’s stock, valued at $12,319,730.41. The trade was a 24.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kyle Featherstone sold 459 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $152.67, for a total transaction of $70,075.53. Following the sale, the insider directly owned 1,050 shares of the company’s stock, valued at $160,303.50. The trade was a 30.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.07% of the company’s stock.

Huron Consulting Group Company Profile

Huron Consulting Group Inc (NASDAQ:HURN) is a professional services firm that helps organizations improve performance, manage change and address complex business challenges. The company works with clients across the healthcare, education, commercial and public sectors, providing consulting, technology and managed services.

Huron’s services include strategic planning, operational improvement, organizational transformation, financial and performance management, data and analytics, and technology implementation.