Insider Selling: Huron Consulting Group (NASDAQ:HURN) Director Sells 2,000 Shares of Stock

Key Points

• Huron Consulting Group Director James Roth sold 2,000 shares at an average price of $146.30, totaling $292,600, which reduced his stake by 4.84%.
• The company's stock is currently trading at approximately $150.00, with a market capitalization of $2.60 billion and an average price target of $171.50 from analysts.
• Huron's recent earnings report showed a quarterly EPS of $1.89, exceeding estimates, with revenue growth of 8.3% compared to the previous year.

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director James Roth sold 2,000 shares of the business's stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $146.30, for a total transaction of $292,600.00. Following the sale, the director directly owned 39,304 shares of the company's stock, valued at approximately $5,750,175.20. The trade was a 4.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Huron Consulting Group Price Performance

Huron Consulting Group stock traded up $2.42 during mid-day trading on Friday, hitting $150.00. The stock had a trading volume of 28,825 shares, compared to its average volume of 197,237. The firm has a market capitalization of $2.60 billion, a P/E ratio of 26.18 and a beta of 0.29. 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 firm's 50 day moving average is $137.53 and its 200 day moving average is $139.72. Huron Consulting Group Inc. has a one year low of $102.94 and a one year high of $155.00.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last issued its earnings results on Thursday, July 31st. The business services provider reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.10. The company had revenue of $402.50 million during the quarter, compared to the consensus estimate of $402.67 million. Huron Consulting Group had a net margin of 6.60% and a return on equity of 25.52%. Huron Consulting Group's quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.68 EPS. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. On average, sell-side analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

Institutional Trading of Huron Consulting Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HURN. Sowell Financial Services LLC bought a new position in Huron Consulting Group in the 1st quarter worth about $203,000. KBC Group NV bought a new position in shares of Huron Consulting Group during the first quarter valued at approximately $128,000. Lisanti Capital Growth LLC purchased a new stake in Huron Consulting Group during the first quarter valued at approximately $4,626,000. GSA Capital Partners LLP purchased a new stake in Huron Consulting Group during the first quarter valued at approximately $760,000. Finally, Informed Momentum Co LLC purchased a new stake in Huron Consulting Group during the first quarter valued at approximately $3,988,000. 93.90% of the stock is owned by hedge funds and other institutional investors.

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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