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

Key Points

• Debra Zumwalt, a director at Huron Consulting Group, sold 170 shares of stock on October 2nd for a total of $24,976.40, reducing her holdings to 26,639 shares valued at approximately $3.9 million.
• Huron Consulting Group's stock opened at $150.32 with a market capitalization of $2.60 billion and a recent P/E ratio of 26.23.
• Analysts have mixed sentiments on Huron Consulting, with Barrington Research raising its price target to $176.00, while Wall Street Zen changed its rating from "buy" to "hold".

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director Debra Zumwalt sold 170 shares of the company's stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $146.92, for a total transaction of $24,976.40. Following the transaction, the director owned 26,639 shares of the company's stock, valued at approximately $3,913,801.88. This trade represents a 0.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Debra Zumwalt also recently made the following trade(s):

• On Thursday, August 14th, Debra Zumwalt sold 170 shares of Huron Consulting Group stock. The stock was sold at an average price of $135.38, for a total value of $23,014.60.

Huron Consulting Group Price Performance

Shares of Huron Consulting Group stock opened at $150.32 on Monday. The stock has a market capitalization of $2.60 billion, a P/E ratio of 26.23 and a beta of 0.29. The business has a 50 day simple moving average of $137.87 and a two-hundred day simple moving average of $139.61. Huron Consulting Group Inc. has a 12 month low of $102.94 and a 12 month high of $155.00. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.99 and a quick ratio of 1.99.

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

Institutional Investors Weigh In On Huron Consulting Group

Large investors have recently bought and sold shares of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Huron Consulting Group by 149.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,199,574 shares of the business services provider's stock valued at $172,079,000 after buying an additional 719,199 shares during the period. Nuveen LLC purchased a new position in Huron Consulting Group in the first quarter worth approximately $38,511,000. BloombergSen Inc. acquired a new position in Huron Consulting Group during the 2nd quarter worth approximately $32,157,000. Franklin Resources Inc. grew its holdings in Huron Consulting Group by 27.5% during the 2nd quarter. Franklin Resources Inc. now owns 610,908 shares of the business services provider's stock worth $84,024,000 after acquiring an additional 131,620 shares in the last quarter. Finally, SG Capital Management LLC purchased a new stake in shares of Huron Consulting Group in the 2nd quarter valued at approximately $14,860,000. Hedge funds and other institutional investors own 93.90% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on HURN shares. Barrington Research upped 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. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Huron Consulting Group in a report on Saturday, September 27th. Finally, Wall Street Zen lowered Huron Consulting Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Huron Consulting Group has a consensus rating of "Buy" and an average price target of $171.50.

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.

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