4,039 Shares in Huron Consulting Group Inc. $HURN Purchased by Moran Wealth Management LLC

Key Points

• Moran Wealth Management LLC acquired 4,039 shares of Huron Consulting Group Inc., valued at approximately $556,000, reflecting growing interest from institutional investors in the company.
• Analyst ratings for Huron Consulting Group show a mix, with Wall Street Zen downgrading it to "hold," while Barrington Research increased the price target from $173.00 to $176.00.
• Insider transactions revealed a notable sale, with COO James Ronald Dail selling 1,421 shares at an average price of $150.00, indicating a 3.46% decrease in ownership.

Moran Wealth Management LLC acquired a new position in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,039 shares of the business services provider's stock, valued at approximately $556,000.

Other large investors have also made changes to their positions in the company. Quarry LP acquired a new position in shares of Huron Consulting Group during the 1st quarter worth about $31,000. CWM LLC lifted its position in shares of Huron Consulting Group by 55.9% during the 1st quarter. CWM LLC now owns 407 shares of the business services provider's stock worth $58,000 after purchasing an additional 146 shares during the last quarter. Vestcor Inc acquired a new position in shares of Huron Consulting Group during the 1st quarter worth about $60,000. Caitong International Asset Management Co. Ltd acquired a new position in Huron Consulting Group in the 1st quarter valued at approximately $72,000. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in Huron Consulting Group in the 1st quarter valued at approximately $72,000. Institutional investors and hedge funds own 93.90% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on HURN shares. Wall Street Zen cut Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Huron Consulting Group in a report on Wednesday, October 8th. Finally, Barrington Research upped their price target on Huron Consulting Group from $173.00 to $176.00 and gave the company an "outperform" rating in a report on Thursday, August 7th. Six research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Huron Consulting Group currently has an average rating of "Buy" and a consensus target price of $171.50.

Insider Buying and Selling

In related news, insider Kyle Featherstone sold 375 shares of the stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $135.73, for a total transaction of $50,898.75. Following the sale, the insider directly owned 1,311 shares in the company, valued at $177,942.03. This represents a 22.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO James Ronald Dail sold 1,421 shares of the stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $150.00, for a total value of $213,150.00. Following the sale, the chief operating officer owned 39,608 shares in the company, valued at approximately $5,941,200. This trade represents a 3.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,888 shares of company stock valued at $1,378,690. 2.15% of the stock is currently owned by company insiders.

Huron Consulting Group Trading Down 2.4%

HURN stock opened at $147.23 on Friday. Huron Consulting Group Inc. has a 1-year low of $102.94 and a 1-year high of $155.00. The firm has a market cap of $2.55 billion, a P/E ratio of 25.69 and a beta of 0.29. The business's 50 day moving average is $141.28 and its 200-day moving average is $140.02. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 1.35.

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

Huron Consulting Group 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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