UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its stake in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 3.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 729,057 shares of the business services provider's stock after selling 23,159 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 4.58% of Huron Consulting Group worth $65,732,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Huron Consulting Group during the second quarter valued at $125,191,000. Fiduciary Management Inc. WI acquired a new stake in shares of Huron Consulting Group during the 4th quarter worth about $90,661,000. Bank of America Corp DE bought a new position in Huron Consulting Group during the 2nd quarter valued at about $16,090,000. William Blair Investment Management LLC bought a new position in Huron Consulting Group during the 2nd quarter valued at about $15,359,000. Finally, Principal Financial Group Inc. lifted its holdings in Huron Consulting Group by 51.8% during the 4th quarter. Principal Financial Group Inc. now owns 476,863 shares of the business services provider's stock valued at $82,454,000 after purchasing an additional 162,706 shares during the last quarter. 93.90% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Huron Consulting Group
In other news, insider Kyle Featherstone sold 459 shares of the company's stock in a transaction on Friday, July 31st. The stock was sold at an average price of $152.67, for a total transaction of $70,075.53. Following the transaction, the insider owned 1,050 shares of the company's stock, valued at $160,303.50. This represents a 30.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO C. Mark Hussey sold 24,072 shares of the firm's stock in a transaction dated 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 owned 74,399 shares in the company, valued at approximately $12,319,730.41. This represents a 24.45% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.07% of the stock is currently owned by corporate insiders.
Huron Consulting Group Trading Down 0.5%
HURN opened at $156.64 on Thursday. Huron Consulting Group Inc. has a 1-year low of $84.88 and a 1-year high of $186.77. The stock has a market capitalization of $2.49 billion, a PE ratio of 23.45 and a beta of 0.07. 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 50-day moving average price of $132.08 and a two-hundred day moving average price of $125.00.
Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 company had revenue of $475.04 million for the quarter, compared to analyst estimates of $448.98 million. During the same period in the prior year, the business earned $1.89 earnings per share. Huron Consulting Group's quarterly revenue was up 15.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. As a group, equities analysts anticipate that Huron Consulting Group Inc. will post 9.18 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several brokerages have weighed in on HURN. 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. Barrington Research reissued an "outperform" rating on shares of Huron Consulting Group in a report on Wednesday, June 17th. Weiss Ratings restated a "hold (c)" rating on shares of Huron Consulting Group in a research report on Friday, August 7th. Wedbush reaffirmed an "outperform" rating and set a $160.00 price target on shares of Huron Consulting Group in a report on Wednesday, May 6th. Finally, Truist Financial cut their price objective on Huron Consulting Group to $155.00 and set a "buy" rating for the company in a research report on Tuesday, June 9th. 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $184.25.
View Our Latest Research Report on Huron Consulting Group
Huron Consulting Group Company Profile
(
Free Report)
Huron Consulting Group NASDAQ: HURN is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron's consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.
Huron's service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.
Read More
Want to see what other hedge funds are holding HURN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Huron Consulting Group Inc. (NASDAQ:HURN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Huron Consulting Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Huron Consulting Group wasn't on the list.
While Huron Consulting Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.