Insider Selling: Huron Consulting Group (NASDAQ:HURN) Insider Sells $70,075.53 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) insider Kyle Featherstone sold 459 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $152.67, for a total transaction of $70,075.53. Following the completion of the sale, the insider directly owned 1,050 shares of the company’s stock, valued at approximately $160,303.50. This trade represents a 30.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Huron Consulting Group Price Performance

NASDAQ:HURN opened at $149.68 on Thursday. The business’s 50-day simple moving average is $111.36 and its two-hundred day simple moving average is $126.39. The stock has a market cap of $2.38 billion, a PE ratio of 22.41 and a beta of 0.06. Huron Consulting Group Inc. has a 52 week low of $84.88 and a 52 week high of $186.77. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 2.11.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.17 by $0.29. Huron Consulting Group had a return on equity of 32.33% and a net margin of 6.38%.The company had revenue of $475.04 million for the quarter, compared to analysts’ expectations of $448.98 million. During the same period in the previous year, the firm earned $1.89 EPS. The firm’s revenue was up 15.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. As a group, analysts forecast that Huron Consulting Group Inc. will post 9.18 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of HURN. Principal Financial Group Inc. grew its position in Huron Consulting Group by 51.8% in the fourth quarter. Principal Financial Group Inc. now owns 476,863 shares of the business services provider’s stock worth $82,454,000 after acquiring an additional 162,706 shares in the last quarter. Legato Capital Management LLC bought a new position in Huron Consulting Group in the 4th quarter valued at $2,175,000. Oak Ridge Investments LLC purchased a new position in Huron Consulting Group in the 4th quarter worth about $2,432,000. AEGON ASSET MANAGEMENT UK Plc purchased a new position in shares of Huron Consulting Group during the fourth quarter worth approximately $2,054,000. Finally, Fiduciary Management Inc. WI bought a new stake in Huron Consulting Group during the 4th quarter valued at $90,661,000. 93.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on HURN shares. Wedbush reaffirmed an “outperform” rating and set a $160.00 target price on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Truist Financial decreased their price target on shares of Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. Weiss Ratings downgraded shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, Zacks Research raised Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $184.25.

Huron Consulting Group Company Profile

Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.

Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.