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

Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $164.24, for a total value of $82,120.00. Following the transaction, the director owned 49,817 shares in the company, valued at approximately $8,181,944.08. This represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Wednesday, October 1st, John Mccartney sold 500 shares of Huron Consulting Group stock. The shares were sold at an average price of $145.68, for a total value of $72,840.00.
• On Tuesday, September 2nd, John Mccartney sold 500 shares of Huron Consulting Group stock. The shares were sold at an average price of $136.21, for a total value of $68,105.00.

Huron Consulting Group Stock Down 0.5%

Shares of Huron Consulting Group stock traded down $0.83 during trading on Wednesday, reaching $164.10. The stock had a trading volume of 91,096 shares, compared to its average volume of 197,383. The company has a market capitalization of $2.83 billion, a price-to-earnings ratio of 27.46 and a beta of 0.27. The stock has a fifty day moving average price of $147.20 and a two-hundred day moving average price of $141.41. Huron Consulting Group Inc. has a 52 week low of $116.77 and a 52 week high of $174.26. The company has a current ratio of 1.44, a quick ratio of 1.99 and a debt-to-equity ratio of 1.18.

Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Tuesday, October 28th. The business services provider reported $2.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.24. The business had revenue of $432.36 million for the quarter, compared to the consensus estimate of $418.13 million. Huron Consulting Group had a return on equity of 27.06% and a net margin of 6.54%.Huron Consulting Group’s quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.68 earnings per share. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. Sell-side analysts predict that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Barrington Research boosted their price objective on Huron Consulting Group from $173.00 to $176.00 and gave the stock an “outperform” rating in a report on Thursday, August 7th. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a report on Wednesday, October 8th. Finally, Benchmark boosted their price target on Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Monday, October 27th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $175.25.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Richardson Financial Services Inc. increased its holdings in shares of Huron Consulting Group by 68.1% during the third quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock worth $29,000 after buying an additional 79 shares in the last quarter. Quarry LP acquired a new position in shares of Huron Consulting Group during the first quarter worth $31,000. N.E.W. Advisory Services LLC acquired a new position in shares of Huron Consulting Group during the second quarter worth $41,000. McIlrath & Eck LLC acquired a new position in shares of Huron Consulting Group during the third quarter worth $46,000. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Huron Consulting Group by 1,018.2% during the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the business services provider’s stock worth $51,000 after buying an additional 336 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors and hedge funds.

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.