Squarepoint Ops LLC Purchases 35,300 Shares of Huron Consulting Group Inc. $HURN

Key Points

• Squarepoint Ops LLC increased its Huron Consulting Group stake by 1,272.1% in the second quarter, purchasing 35,300 additional shares and ending with a 0.24% ownership position. Institutional investors and hedge funds collectively own 93.9% of HURN.
• Analyst sentiment remains positive, with Huron carrying a consensus “Buy” rating and an average price target of $184.25. Several firms recently upgraded the stock, including Zacks Research, which moved it to “Strong Buy.”
• Huron reported stronger-than-expected quarterly results, with EPS of $2.46 versus a $2.17 estimate and revenue of $475.04 million, up 15.7% year over year. The company reaffirmed fiscal 2026 EPS guidance of $9.00–$9.40.

Squarepoint Ops LLC boosted its position in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 1,272.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,075 shares of the business services provider's stock after purchasing an additional 35,300 shares during the quarter. Squarepoint Ops LLC owned about 0.24% of Huron Consulting Group worth $3,433,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nykredit A S acquired a new stake in shares of Huron Consulting Group in the second quarter valued at approximately $111,000. Corient Private Wealth LP acquired a new stake in shares of Huron Consulting Group during the 2nd quarter worth approximately $2,815,000. California State Teachers Retirement System increased its stake in Huron Consulting Group by 8,102.3% in the second quarter. California State Teachers Retirement System now owns 1,691,402 shares of the business services provider's stock valued at $152,497,000 after acquiring an additional 1,670,781 shares during the last quarter. Keeler Thomas Management LLC raised its position in Huron Consulting Group by 6.6% during the second quarter. Keeler Thomas Management LLC now owns 7,042 shares of the business services provider's stock valued at $635,000 after purchasing an additional 438 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC bought a new stake in Huron Consulting Group during the second quarter worth $1,358,000. 93.90% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Kyle Featherstone sold 459 shares of the stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $152.67, for a total value of $70,075.53. Following the completion of the sale, the insider owned 1,050 shares in the company, valued at $160,303.50. This represents a 30.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO C. Hussey sold 24,072 shares of the company's stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $165.59, for a total value of $3,986,082.48. Following the completion of the transaction, the chief executive officer directly owned 74,399 shares of the company's stock, valued at approximately $12,319,730.41. This represents a 24.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.07% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Weiss Ratings upgraded Huron Consulting Group from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, September 3rd. Zacks Research upgraded shares of Huron Consulting Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 29th. Wall Street Zen raised shares of Huron Consulting Group from a "hold" rating to a "buy" rating in a research note on Saturday, August 1st. Truist Financial dropped their price target on Huron Consulting Group to $155.00 and set a "buy" rating for the company in a research note on Tuesday, June 9th. Finally, Barrington Research restated an "outperform" rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, Huron Consulting Group presently has a consensus rating of "Buy" and an average target price of $184.25.

Huron Consulting Group Stock Performance

HURN stock opened at $149.93 on Friday. The stock has a 50-day moving average price of $140.04 and a 200-day moving average price of $126.14. Huron Consulting Group Inc. has a 1-year low of $84.88 and a 1-year high of $186.77. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 2.11. The firm has a market cap of $2.39 billion, a PE ratio of 22.44 and a beta of 0.07.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.17 by $0.29. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. The firm had revenue of $475.04 million for the quarter, compared to analyst estimates of $448.98 million. During the same quarter in the prior year, the business earned $1.89 earnings per share. The business's quarterly revenue was up 15.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. As a group, equities research analysts expect that Huron Consulting Group Inc. will post 9.18 earnings per share for the current year.

Huron Consulting Group Company Profile

Huron Consulting Group Inc NASDAQ: HURN is a professional services firm that helps organizations improve performance, manage change and address complex business challenges. The company works with clients across the healthcare, education, commercial and public sectors, providing consulting, technology and managed services.

Huron's services include strategic planning, operational improvement, organizational transformation, financial and performance management, data and analytics, and technology implementation.

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