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 company's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $136.74, for a total transaction of $68,370.00. Following the sale, the director directly owned 51,817 shares in the company, valued at $7,085,456.58. This trade represents a 0.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

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

• On Thursday, May 1st, John Mccartney sold 500 shares of Huron Consulting Group stock. The stock was sold at an average price of $133.63, for a total value of $66,815.00.

Huron Consulting Group Stock Up 0.9%

HURN stock traded up $1.29 during trading on Thursday, reaching $139.68. 87,922 shares of the stock were exchanged, compared to its average volume of 154,962. The firm's 50 day moving average is $142.14 and its 200 day moving average is $136.75. The firm has a market cap of $2.41 billion, a P/E ratio of 20.94 and a beta of 0.28. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 1.14. Huron Consulting Group Inc. has a twelve month low of $96.45 and a twelve month high of $155.00.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last posted its earnings results on Tuesday, April 29th. The business services provider reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.16 by $0.52. The company had revenue of $404.14 million for the quarter, compared to analyst estimates of $389.27 million. Huron Consulting Group had a net margin of 7.88% and a return on equity of 24.68%. The firm's revenue was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.23 EPS. As a group, research analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HURN. Quarry LP bought a new stake in Huron Consulting Group during the first quarter worth $31,000. Heck Capital Advisors LLC purchased a new position in Huron Consulting Group during the 4th quarter worth $33,000. Opal Wealth Advisors LLC purchased a new position in Huron Consulting Group during the 1st quarter worth $35,000. CWM LLC grew its stake in shares of Huron Consulting Group by 55.9% in the 1st quarter. CWM LLC now owns 407 shares of the business services provider's stock worth $58,000 after acquiring an additional 146 shares in the last quarter. Finally, Vestcor Inc bought a new position in shares of Huron Consulting Group during the first quarter valued at about $60,000. Institutional investors own 93.90% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Wall Street Zen cut Huron Consulting Group from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd. Benchmark reissued a "buy" rating and issued a $165.00 price target on shares of Huron Consulting Group in a research note on Wednesday, March 26th. Barrington Research raised their price objective on shares of Huron Consulting Group from $167.00 to $173.00 and gave the stock an "outperform" rating in a research report on Monday, May 5th. William Blair reiterated an "outperform" rating on shares of Huron Consulting Group in a research note on Wednesday, March 26th. Finally, Wedbush increased their target price on shares of Huron Consulting Group from $150.00 to $165.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 26th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $170.75.

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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