Susquehanna Fundamental Investments LLC Acquires New Shares in Huron Consulting Group Inc. $HURN

Susquehanna Fundamental Investments LLC acquired a new position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) during the second quarter, Holdings Channel.com reports. The fund acquired 15,065 shares of the business services provider’s stock, valued at approximately $1,358,000.

Several other large investors have also added to or reduced their stakes in HURN. Strs Ohio purchased a new position in Huron Consulting Group during the 4th quarter valued at about $35,000. Brown Brothers Harriman & Co. purchased a new stake in shares of Huron Consulting Group in the third quarter worth about $35,000. Advisory Services Network LLC purchased a new stake in shares of Huron Consulting Group in the third quarter worth about $36,000. Kemnay Advisory Services Inc. bought a new position in shares of Huron Consulting Group in the fourth quarter valued at approximately $39,000. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of Huron Consulting Group by 11,900.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 240 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 238 shares during the period. Institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Stock Down 1.5%

Shares of NASDAQ HURN opened at $157.46 on Wednesday. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 2.11. The business has a 50-day moving average of $130.88 and a 200-day moving average of $124.78. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 23.57 and a beta of 0.07. Huron Consulting Group Inc. has a 12 month low of $84.88 and a 12 month high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share for the quarter, beating analysts’ consensus estimates of $2.17 by $0.29. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. The business had revenue of $475.04 million for the quarter, compared to the consensus estimate of $448.98 million. During the same period last year, the firm posted $1.89 earnings per share. 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. Sell-side analysts expect that Huron Consulting Group Inc. will post 9.18 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO C. Mark Hussey sold 24,072 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer owned 74,399 shares in the company, valued at approximately $12,319,730.41. This trade represents a 24.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kyle Featherstone sold 459 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $152.67, for a total transaction of $70,075.53. Following the sale, the insider owned 1,050 shares in the company, valued at approximately $160,303.50. This trade represents a 30.42% decrease in their position. The SEC filing for this sale provides additional information. 2.07% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on HURN shares. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Wedbush reissued an “outperform” rating and issued a $160.00 price target on shares of Huron Consulting Group in a report on Wednesday, May 6th. Weiss Ratings restated a “hold (c)” rating on shares of Huron Consulting Group in a research report on Friday, August 7th. Barrington Research reaffirmed an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, June 17th. Finally, Zacks Research upgraded Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a research 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 assigned a Hold rating to the company. According to MarketBeat, the company currently has an average 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.