Huron Consulting Group (NASDAQ:HURN) COO Sells $213,150.00 in Stock

Key Points

• Huron Consulting Group's COO James Ronald Dail sold 1,421 shares for approximately $213,150, reducing his ownership stake by 3.46% and leaving him with 39,608 shares valued at nearly $5.94 million.
• The company's stock is currently trading at around $150.21, with a market cap of $2.60 billion and a PE ratio of 26.17, reflecting stable stock performance following recent heavy trading activity.
• Analyst ratings remain positive, with a consensus rating of "Buy" and a target price of $171.50, despite a downgrade by Wall Street Zen from "buy" to "hold."

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) COO James Ronald Dail sold 1,421 shares of the business's stock in a transaction 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 completion of the sale, the chief operating officer directly owned 39,608 shares in the company, valued at $5,941,200. This trade represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Huron Consulting Group Stock Up 0.0%

Huron Consulting Group stock traded up $0.01 during mid-day trading on Tuesday, hitting $150.21. The company had a trading volume of 96,571 shares, compared to its average volume of 197,385. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 1.35. The stock's 50 day moving average price is $138.20 and its two-hundred day moving average price is $139.67. Huron Consulting Group Inc. has a 12 month low of $102.94 and a 12 month high of $155.00. The company has a market capitalization of $2.60 billion, a PE ratio of 26.17 and a beta of 0.29.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its 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. Huron Consulting Group had a return on equity of 25.52% and a net margin of 6.60%.The business had revenue of $402.50 million for the quarter, compared to the consensus estimate of $402.67 million. During the same period in the previous year, the company posted $1.68 earnings per share. The company's revenue for the quarter 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. As a group, sell-side analysts anticipate that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on HURN. Wall Street Zen cut Huron Consulting Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Barrington Research boosted their price target on Huron Consulting Group from $173.00 to $176.00 and gave the stock an "outperform" rating in a research note on Thursday, August 7th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Huron Consulting Group in a research note on Saturday, September 27th. Six research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $171.50.

Institutional Trading of Huron Consulting Group

Hedge funds have recently bought and sold shares of the company. Quarry LP purchased a new stake in Huron Consulting Group during the first quarter valued at $31,000. Opal Wealth Advisors LLC purchased a new stake in Huron Consulting Group in the first quarter worth about $35,000. N.E.W. Advisory Services LLC purchased a new stake in Huron Consulting Group in the second quarter worth about $41,000. EverSource Wealth Advisors LLC increased its position in Huron Consulting Group by 1,018.2% in the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the business services provider's stock worth $51,000 after buying an additional 336 shares in the last quarter. Finally, CWM LLC increased its position in Huron Consulting Group by 55.9% in the first quarter. CWM LLC now owns 407 shares of the business services provider's stock worth $58,000 after buying an additional 146 shares in the last quarter. Hedge funds and other institutional investors own 93.90% of the company's stock.

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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