Huron Consulting Group (NASDAQ:HURN) Shares Cross Above 200 Day Moving Average – What’s Next?

Huron Consulting Group Inc. (NASDAQ:HURN)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $126.85 and traded as high as $160.30. Huron Consulting Group shares last traded at $159.18, with a volume of 394,654 shares.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Weiss Ratings raised Huron Consulting Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, September 3rd. Truist Financial reduced their price target on shares of Huron Consulting Group to $155.00 and set a “buy” rating for the company in a report on Tuesday, June 9th. Wall Street Zen raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Barrington Research reaffirmed an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, June 17th. Finally, Zacks Research raised Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. One investment 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 stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $184.25.

Huron Consulting Group Trading Up 1.3%

The stock has a market cap of $2.54 billion, a P/E ratio of 23.94 and a beta of 0.07. The business’s 50 day simple moving average is $147.23 and its 200 day simple moving average is $126.92. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.71 and a quick ratio of 1.71.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.46 EPS for the quarter, beating the consensus estimate 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 business had revenue of $475.04 million for the quarter, compared to analyst estimates of $448.98 million. During the same quarter in the previous year, the firm earned $1.89 EPS. Huron Consulting Group’s quarterly revenue was up 15.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. On average, analysts expect that Huron Consulting Group Inc. will post 9.18 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO C. Hussey sold 24,072 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $165.59, for a total transaction of $3,986,082.48. Following the completion of the sale, the chief executive officer owned 74,399 shares in the company, valued at $12,319,730.41. This trade represents a 24.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kyle Featherstone sold 459 shares of Huron Consulting Group stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $152.67, for a total transaction of $70,075.53. Following the transaction, the insider directly owned 1,050 shares of the company’s stock, valued at $160,303.50. This represents a 30.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.07% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Tidal Investments LLC acquired a new stake in Huron Consulting Group during the 2nd quarter valued at $547,000. Squarepoint Ops LLC boosted its stake in Huron Consulting Group by 1,272.1% in the second quarter. Squarepoint Ops LLC now owns 38,075 shares of the business services provider’s stock worth $3,433,000 after purchasing an additional 35,300 shares in the last quarter. Nykredit A S bought a new stake in shares of Huron Consulting Group during the second quarter worth $111,000. Corient Private Wealth LP bought a new position in shares of Huron Consulting Group in the second quarter valued at about $2,815,000. Finally, Keeler Thomas Management LLC lifted its position in Huron Consulting Group by 6.6% during the 2nd quarter. Keeler Thomas Management LLC now owns 7,042 shares of the business services provider’s stock worth $635,000 after buying an additional 438 shares in the last quarter. 93.90% of the stock is owned by institutional investors and hedge funds.

About Huron Consulting Group

Huron Consulting Group Inc (NASDAQ:HURN) is a professional services firm that helps organizations improve performance, manage change and address complex business challenges. The company works with clients across the healthcare, education, commercial and public sectors, providing consulting, technology and managed services.

Huron’s services include strategic planning, operational improvement, organizational transformation, financial and performance management, data and analytics, and technology implementation.