Debra Zumwalt Sells 170 Shares of Huron Consulting Group (NASDAQ:HURN) Stock

Key Points

• Director Debra Zumwalt sold 170 shares of Huron Consulting Group at an average price of $135.38, reducing her ownership to 26,809 shares valued at $3,629,402.42.
• Huron Consulting Group's stock rose by 1.0%, hitting $134.56, with a market capitalization of $2.33 billion and a PE ratio of 23.48.
• Analysts have a consensus rating of "Moderate Buy" for Huron Consulting, with an average price target of $171.50, despite one firm downgrading it from "buy" to "hold."

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director Debra Zumwalt sold 170 shares of Huron Consulting Group stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $135.38, for a total transaction of $23,014.60. Following the completion of the transaction, the director owned 26,809 shares of the company's stock, valued at $3,629,402.42. The trade was a 0.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Huron Consulting Group Stock Performance

Shares of HURN traded up $3.34 during trading hours on Friday, hitting $138.73. The company's stock had a trading volume of 578,905 shares, compared to its average volume of 196,514. The company has a market cap of $2.40 billion, a price-to-earnings ratio of 24.21 and a beta of 0.26. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.99 and a quick ratio of 1.99. The business has a 50 day simple moving average of $133.67 and a two-hundred day simple moving average of $138.90. Huron Consulting Group Inc. has a 52-week low of $102.58 and a 52-week high of $155.00.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The business services provider reported $1.89 EPS for the quarter, beating the consensus estimate of $1.79 by $0.10. The company had revenue of $402.50 million during the quarter, compared to analysts' expectations of $402.67 million. Huron Consulting Group had a net margin of 6.60% and a return on equity of 25.52%. Huron Consulting Group's revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.68 earnings per share. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. On average, equities analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Huron Consulting Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. N.E.W. Advisory Services LLC purchased a new position in Huron Consulting Group in the 2nd quarter worth approximately $41,000. CANADA LIFE ASSURANCE Co boosted its stake in shares of Huron Consulting Group by 8.7% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 7,951 shares of the business services provider's stock valued at $1,095,000 after purchasing an additional 638 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Huron Consulting Group by 321.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,986 shares of the business services provider's stock valued at $273,000 after purchasing an additional 1,515 shares in the last quarter. Captrust Financial Advisors purchased a new stake in shares of Huron Consulting Group in the 2nd quarter valued at $316,000. Finally, Two Sigma Securities LLC purchased a new stake in shares of Huron Consulting Group in the 2nd quarter valued at $299,000. Hedge funds and other institutional investors own 93.90% of the company's stock.

Wall Street Analysts Forecast Growth

HURN has been the subject of several recent analyst reports. Barrington Research boosted their price objective on shares of Huron Consulting Group from $173.00 to $176.00 and gave the company an "outperform" rating in a research note on Thursday, August 7th. Wall Street Zen cut shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $171.50.

About Huron Consulting Group

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.