Short Interest in Huron Consulting Group Inc. (NASDAQ:HURN) Grows By 18.4%

Huron Consulting Group Inc. (NASDAQ:HURN) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 806,086 shares, a growth of 18.4% from the February 26th total of 680,662 shares. Based on an average trading volume of 304,011 shares, the days-to-cover ratio is currently 2.7 days. Currently, 4.9% of the shares of the stock are short sold.

Insider Activity

In other news, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $168.77, for a total value of $84,385.00. Following the transaction, the director owned 41,817 shares of the company’s stock, valued at $7,057,455.09. The trade was a 1.18% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Debra Zumwalt sold 170 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $170.89, for a total transaction of $29,051.30. Following the completion of the sale, the director owned 26,469 shares in the company, valued at $4,523,287.41. The trade was a 0.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 796 shares of company stock valued at $134,968. Insiders own 2.15% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

Several hedge funds have recently bought and sold shares of HURN. Hussman Strategic Advisors Inc. acquired a new position in shares of Huron Consulting Group in the 3rd quarter valued at about $925,000. Jefferies Financial Group Inc. acquired a new stake in shares of Huron Consulting Group during the third quarter worth approximately $4,328,000. Thrivent Financial for Lutherans acquired a new stake in shares of Huron Consulting Group during the third quarter worth approximately $11,633,000. SG Capital Management LLC grew its position in Huron Consulting Group by 131.8% during the third quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock valued at $36,764,000 after purchasing an additional 142,448 shares in the last quarter. Finally, Sunriver Management LLC grew its position in Huron Consulting Group by 10.6% during the second quarter. Sunriver Management LLC now owns 378,211 shares of the business services provider’s stock valued at $52,019,000 after purchasing an additional 36,303 shares in the last quarter. 93.90% of the stock is owned by hedge funds and other institutional investors.

Huron Consulting Group Trading Up 0.6%

Huron Consulting Group stock opened at $128.23 on Thursday. Huron Consulting Group has a 52 week low of $116.12 and a 52 week high of $186.77. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.17 and a current ratio of 1.17. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 21.92 and a beta of 0.19. The company has a 50 day moving average price of $141.61 and a 200 day moving average price of $156.11.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, February 24th. The business services provider reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.23. The company had revenue of $441.96 million for the quarter, compared to the consensus estimate of $433.57 million. Huron Consulting Group had a net margin of 6.18% and a return on equity of 28.20%. The company’s revenue was up 10.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.90 EPS. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Research analysts forecast that Huron Consulting Group will post 6.1 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on HURN. Benchmark upped their price target on Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, December 24th. Wall Street Zen cut Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Barrington Research boosted their target price on Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Wedbush upped their target price on Huron Consulting Group from $165.00 to $200.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Huron Consulting Group in a research report on Thursday, January 22nd. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $215.50.

About Huron Consulting Group

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.