Huron Consulting Group (NASDAQ:HURN) Director Sells $17,057.88 in Stock

Key Points

• Ekta Singh-Bushell, a director at Huron Consulting Group, sold 126 shares of stock at an average price of $135.38, resulting in a total transaction of $17,057.88.
• Huron Consulting Group reported a Q2 EPS of $1.89, surpassing analysts' expectations of $1.79, with revenue reaching $402.50 million.
• Analysts have mixed opinions, with Barrington Research raising Huron's price target to $176.00 while Wall Street Zen downgraded it from a "buy" to a "hold" rating.

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director Ekta Singh-Bushell sold 126 shares of the stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $135.38, for a total transaction of $17,057.88. Following the sale, the director directly owned 15,467 shares of the company's stock, valued at $2,093,922.46. The trade was a 0.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Huron Consulting Group Trading Up 2.5%

HURN traded up $3.34 during trading on Friday, hitting $138.73. 578,905 shares of the stock traded hands, compared to its average volume of 196,514. The firm has a market capitalization of $2.40 billion, a P/E ratio of 24.21 and a beta of 0.26. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.99 and a quick ratio of 1.99. The firm has a 50-day moving average of $133.67 and a 200 day moving average of $138.90. Huron Consulting Group Inc. has a 12-month low of $102.58 and a 12-month high of $155.00.

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 for the quarter, beating the consensus estimate of $1.79 by $0.10. The business had revenue of $402.50 million during the quarter, compared to analysts' expectations of $402.67 million. Huron Consulting Group had a net margin of 6.60% and a return on equity of 25.52%. The firm's revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.68 EPS. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. Equities research analysts anticipate that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Barrington Research upped their price objective on shares of Huron Consulting Group from $173.00 to $176.00 and gave the stock an "outperform" rating in a report on Thursday, August 7th. Wall Street Zen lowered shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Huron Consulting Group presently has a consensus rating of "Buy" and a consensus target price of $171.50.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of HURN. Quarry LP bought a new position in shares of Huron Consulting Group in the 1st quarter worth about $31,000. Heck Capital Advisors LLC bought a new position in shares of Huron Consulting Group in the 4th quarter worth about $33,000. Opal Wealth Advisors LLC bought a new position in shares of Huron Consulting Group in the 1st quarter worth about $35,000. N.E.W. Advisory Services LLC bought a new position in shares of Huron Consulting Group in the 2nd quarter worth about $41,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Huron Consulting Group by 1,018.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the business services provider's stock worth $51,000 after acquiring an additional 336 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors.

About Huron Consulting Group

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.