Dynamic Technology Lab Private Ltd Invests $585,000 in Huron Consulting Group Inc. $HURN

Key Points

• Dynamic Technology Lab Private Ltd has invested $585,000 in Huron Consulting Group Inc., purchasing 4,080 shares in the first quarter.
• Insider selling activity includes James H. Roth selling 2,000 shares for $275,020, reflecting a 4.62% decrease in ownership.
• Analysts have mixed views on Huron, with a downgrade from "buy" to "hold" by Wall Street Zen, while Barrington Research raised the target price to $176.00.

Dynamic Technology Lab Private Ltd purchased a new stake in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) in the first quarter, according to its most recent filing with the SEC. The fund purchased 4,080 shares of the business services provider's stock, valued at approximately $585,000.

Other institutional investors have also made changes to their positions in the company. Quarry LP bought a new stake in shares of Huron Consulting Group in the 1st quarter valued at approximately $31,000. Opal Wealth Advisors LLC bought a new stake in shares of Huron Consulting Group in the 1st quarter valued at approximately $35,000. Heck Capital Advisors LLC bought a new stake in shares of Huron Consulting Group in the 4th quarter valued at approximately $33,000. CWM LLC increased its holdings in shares of Huron Consulting Group by 55.9% in the 1st quarter. CWM LLC now owns 407 shares of the business services provider's stock valued at $58,000 after acquiring an additional 146 shares during the last quarter. Finally, Vestcor Inc bought a new stake in shares of Huron Consulting Group in the 1st quarter valued at approximately $60,000. 93.90% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Huron Consulting Group news, Director James H. Roth sold 2,000 shares of the business's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $137.51, for a total transaction of $275,020.00. Following the completion of the transaction, the director owned 41,304 shares in the company, valued at approximately $5,679,713.04. The trade was a 4.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director H Eugene Lockhart sold 1,040 shares of the business's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $136.74, for a total value of $142,209.60. Following the completion of the sale, the director directly owned 8,162 shares in the company, valued at $1,116,071.88. This represents a 11.30% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,211 shares of company stock worth $967,191. Insiders own 2.15% of the company's stock.

Huron Consulting Group Stock Performance

HURN stock traded down $1.18 during trading on Friday, reaching $140.70. 93,326 shares of the company's stock were exchanged, compared to its average volume of 186,422. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 1.35. Huron Consulting Group Inc. has a 1-year low of $102.94 and a 1-year high of $155.00. The company's fifty day moving average price is $134.60 and its 200-day moving average price is $140.06. The firm has a market cap of $2.44 billion, a PE ratio of 24.55 and a beta of 0.32.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The business services provider reported $1.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $402.67 million. During the same quarter in the previous year, the firm posted $1.68 EPS. The firm's quarterly revenue was up 8.3% on a year-over-year basis. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. On average, research analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on HURN. Wall Street Zen downgraded Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Barrington Research boosted their price objective on Huron Consulting Group from $173.00 to $176.00 and gave the company an "outperform" rating in a research report on Thursday, August 7th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of "Buy" and a consensus 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.