1,950 Shares in Huron Consulting Group Inc. $HURN Purchased by TradeLink Capital LLC

TradeLink Capital LLC acquired a new stake in Huron Consulting Group Inc. (NASDAQ:HURN) in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,950 shares of the business services provider’s stock, valued at approximately $268,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC grew its holdings in shares of Huron Consulting Group by 55.9% in the first quarter. CWM LLC now owns 407 shares of the business services provider’s stock valued at $58,000 after acquiring an additional 146 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Huron Consulting Group by 17.4% during the first quarter. Cetera Investment Advisers now owns 3,546 shares of the business services provider’s stock worth $509,000 after acquiring an additional 525 shares during the period. XTX Topco Ltd boosted its position in Huron Consulting Group by 37.7% in the first quarter. XTX Topco Ltd now owns 6,927 shares of the business services provider’s stock worth $994,000 after purchasing an additional 1,896 shares during the last quarter. Vestcor Inc purchased a new position in Huron Consulting Group in the first quarter worth $60,000. Finally, Alberta Investment Management Corp grew its stake in Huron Consulting Group by 26.9% in the 1st quarter. Alberta Investment Management Corp now owns 28,799 shares of the business services provider’s stock valued at $4,131,000 after purchasing an additional 6,113 shares during the period. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Insider Activity

In related news, Director John Mccartney sold 6,500 shares of the business’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $161.44, for a total transaction of $1,049,360.00. Following the completion of the transaction, the director directly owned 43,317 shares in the company, valued at $6,993,096.48. The trade was a 13.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $164.13, for a total value of $328,260.00. Following the completion of the transaction, the director owned 37,304 shares in the company, valued at $6,122,705.52. This represents a 5.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 24,308 shares of company stock worth $3,872,885 in the last three months. Corporate insiders own 2.15% of the company’s stock.

Huron Consulting Group Price Performance

Shares of NASDAQ HURN opened at $164.61 on Monday. The stock has a fifty day moving average of $156.00 and a 200-day moving average of $144.10. Huron Consulting Group Inc. has a fifty-two week low of $118.25 and a fifty-two week high of $174.26. The stock has a market cap of $2.84 billion, a PE ratio of 27.57 and a beta of 0.28. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.99 and a current ratio of 1.44.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, October 28th. The business services provider reported $2.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.24. The firm had revenue of $441.28 million for the quarter, compared to the consensus estimate of $418.13 million. Huron Consulting Group had a net margin of 6.54% and a return on equity of 27.06%. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.68 earnings per share. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. Equities research analysts anticipate that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on HURN. Benchmark lifted their target price on Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a report on Wednesday, October 8th. Barrington Research lifted their price objective on shares of Huron Consulting Group from $173.00 to $176.00 and gave the stock an “outperform” rating in a research report on Thursday, August 7th. Truist Financial increased their target price on shares of Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, November 14th. Finally, Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Huron Consulting Group currently has a consensus rating of “Buy” and an average price target of $190.25.

Huron Consulting Group Company Profile

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.