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

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 shares were sold at an average price of $133.63, for a total transaction of $66,815.00. Following the completion of the sale, the director now owns 51,621 shares of the company's stock, valued at $6,898,114.23. This trade represents a 0.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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 value of $75,565.00.

Huron Consulting Group Price Performance

Shares of HURN stock traded up $1.49 on Monday, reaching $148.85. The company had a trading volume of 139,388 shares, compared to its average volume of 147,833. The business's 50-day moving average is $143.09 and its 200 day moving average is $129.95. Huron Consulting Group Inc. has a one year low of $84.87 and a one year high of $153.85. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $2.67 billion, a PE ratio of 32.32 and a beta of 0.37.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The business services provider reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.16 by $0.52. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The business had revenue of $404.14 million for the quarter, compared to analysts' expectations of $389.27 million. During the same quarter in the prior year, the firm posted $1.23 earnings per share. The business's quarterly revenue was up 11.2% compared to the same quarter last year. Equities research analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

HURN has been the topic of several research reports. Wedbush upped their price objective on shares of Huron Consulting Group from $150.00 to $165.00 and gave the company an "outperform" rating in a report on Wednesday, March 26th. Truist Financial raised their price objective on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a "buy" rating in a research report on Tuesday, March 4th. Barrington Research upped their target price on Huron Consulting Group from $167.00 to $173.00 and gave the company an "outperform" rating in a research report on Monday. Benchmark reissued a "buy" rating and set a $165.00 price target on shares of Huron Consulting Group in a report on Wednesday, March 26th. Finally, William Blair reaffirmed an "outperform" rating on shares of Huron Consulting Group in a report on Wednesday, March 26th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $170.75.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in HURN. Allspring Global Investments Holdings LLC lifted its holdings in shares of Huron Consulting Group by 61.3% in 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 in the last quarter. Franklin Resources Inc. grew its holdings in shares of Huron Consulting Group by 20.5% during the third quarter. Franklin Resources Inc. now owns 395,788 shares of the business services provider's stock valued at $42,306,000 after buying an additional 67,239 shares during the last quarter. Aigen Investment Management LP bought a new stake in shares of Huron Consulting Group during the fourth quarter worth about $211,000. Congress Asset Management Co. raised its holdings in shares of Huron Consulting Group by 9.0% in the 4th 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. lifted its position in Huron Consulting Group by 29.6% in the 4th quarter. JPMorgan Chase & Co. now owns 101,041 shares of the business services provider's stock valued at $12,555,000 after acquiring an additional 23,059 shares in the last quarter. Institutional investors own 93.90% of the company's stock.

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.

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