John Mccartney Sells 6,500 Shares of Huron Consulting Group (NASDAQ:HURN) Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney sold 6,500 shares of the company’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $161.44, for a total transaction of $1,049,360.00. Following the sale, the director directly owned 43,317 shares of the company’s stock, valued at approximately $6,993,096.48. This trade represents a 13.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

• On Monday, November 3rd, John Mccartney sold 500 shares of Huron Consulting Group stock. The stock was sold at an average price of $164.24, for a total value of $82,120.00.
• 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 transaction of $72,840.00.
• On Tuesday, September 2nd, John Mccartney sold 500 shares of Huron Consulting Group stock. The stock was sold at an average price of $136.21, for a total value of $68,105.00.

Huron Consulting Group Stock Up 1.4%

Shares of HURN traded up $2.29 during trading on Friday, reaching $165.25. The company’s stock had a trading volume of 47,171 shares, compared to its average volume of 195,659. The company has a market cap of $2.85 billion, a price-to-earnings ratio of 27.55 and a beta of 0.28. The company has a quick ratio of 1.99, a current ratio of 1.44 and a debt-to-equity ratio of 1.18. The company has a fifty day moving average of $153.32 and a two-hundred day moving average of $143.60. Huron Consulting Group Inc. has a twelve month low of $118.25 and a twelve month high of $174.26.

Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Tuesday, October 28th. The business services provider reported $2.10 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.24. The company had revenue of $441.28 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% compared to the same quarter last year. During the same quarter last year, the business posted $1.68 EPS. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. On average, sell-side analysts predict that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Institutional Investors Weigh In On Huron Consulting Group

Large investors have recently modified their holdings of the stock. Richardson Financial Services Inc. grew its holdings in shares of Huron Consulting Group by 68.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock worth $29,000 after acquiring an additional 79 shares during the last quarter. Clearstead Advisors LLC boosted its position in shares of Huron Consulting Group by 86.2% in the 3rd quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 94 shares during the period. Quarry LP acquired a new stake in Huron Consulting Group during the 1st quarter worth about $31,000. Brown Brothers Harriman & Co. acquired a new stake in Huron Consulting Group during the 3rd quarter worth about $35,000. Finally, Advisory Services Network LLC purchased a new stake in Huron Consulting Group during the third quarter valued at about $36,000. 93.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on HURN shares. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Benchmark upped their price objective on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Monday, October 27th. Truist Financial raised their target price on shares of Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, November 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a research note on Wednesday, October 8th. Finally, Barrington Research increased their price objective on shares of Huron Consulting Group from $173.00 to $176.00 and gave the company an “outperform” rating in a report on Thursday, August 7th. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Huron Consulting Group presently has an average rating of “Buy” and a consensus target price of $190.25.

Huron Consulting Group Company Profile

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.