Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney Sells 500 Shares

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director John Mccartney sold 500 shares of the firm's stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $133.63, for a total value of $66,815.00. Following the completion of the transaction, the director now owns 51,621 shares of the company's stock, valued at approximately $6,898,114.23. The trade was a 0.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

John Mccartney also recently made the following trade(s):

• On Tuesday, April 1st, John Mccartney sold 500 shares of Huron Consulting Group stock. The shares were sold at an average price of $142.67, for a total value of $71,335.00.
• On Monday, March 3rd, John Mccartney sold 500 shares of Huron Consulting Group stock. The shares were sold at an average price of $151.13, for a total transaction of $75,565.00.

Huron Consulting Group Price Performance

NASDAQ HURN traded down $1.80 during trading hours on Friday, reaching $150.46. The company's stock had a trading volume of 185,879 shares, compared to its average volume of 148,779. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of 32.71 and a beta of 0.23. The company's 50-day moving average is $143.19 and its two-hundred day moving average is $131.28. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. Huron Consulting Group Inc. has a 1-year low of $84.87 and a 1-year high of $154.83.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its earnings results on Tuesday, April 29th. The business services provider reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.52. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The business had revenue of $404.14 million during the quarter, compared to the consensus estimate of $389.27 million. During the same period in the prior year, the company posted $1.23 EPS. The business's quarterly revenue was up 11.2% on a year-over-year basis. On average, equities analysts predict that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Barrington Research raised their target price on shares of Huron Consulting Group from $167.00 to $173.00 and gave the stock an "outperform" rating in a report on Monday, May 5th. Wedbush lifted their price objective on Huron Consulting Group from $150.00 to $165.00 and gave the company an "outperform" rating in a research note on Wednesday, March 26th. StockNews.com downgraded Huron Consulting Group from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd. Truist Financial lifted their price target on Huron Consulting Group from $165.00 to $180.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Finally, William Blair restated an "outperform" rating on shares of Huron Consulting Group in a research report on Wednesday, March 26th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Huron Consulting Group currently has a consensus rating of "Moderate Buy" and an average price target of $170.75.

Hedge Funds Weigh In On Huron Consulting Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC raised its position in shares of Huron Consulting Group by 61.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 11,972 shares of the business services provider's stock worth $1,488,000 after purchasing an additional 4,550 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of Huron Consulting Group by 20.5% in the third quarter. Franklin Resources Inc. now owns 395,788 shares of the business services provider's stock valued at $42,306,000 after acquiring an additional 67,239 shares in the last quarter. Aigen Investment Management LP acquired a new stake in shares of Huron Consulting Group in the fourth quarter worth approximately $211,000. Congress Asset Management Co. boosted its stake in shares of Huron Consulting Group by 9.0% in the fourth quarter. Congress Asset Management Co. now owns 79,095 shares of the business services provider's stock worth $9,828,000 after acquiring an additional 6,521 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Huron Consulting Group by 29.6% during the fourth quarter. JPMorgan Chase & Co. now owns 101,041 shares of the business services provider's stock worth $12,555,000 after purchasing an additional 23,059 shares in the last quarter. 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.