William Blair Investment Management LLC Sells 13,045 Shares of Huron Consulting Group Inc. $HURN

William Blair Investment Management LLC lowered its stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 5.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 214,728 shares of the business services provider’s stock after selling 13,045 shares during the quarter. William Blair Investment Management LLC’s holdings in Huron Consulting Group were worth $31,516,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Richardson Financial Services Inc. lifted its holdings in shares of Huron Consulting Group by 68.1% during 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 period. Clearstead Advisors LLC raised its position in Huron Consulting Group by 86.2% in the third quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock worth $30,000 after purchasing an additional 94 shares in the last quarter. N.E.W. Advisory Services LLC bought a new position in Huron Consulting Group during the second quarter worth about $41,000. McIlrath & Eck LLC bought a new stake in shares of Huron Consulting Group in the 3rd quarter valued at approximately $46,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Huron Consulting Group by 1,018.2% in the 2nd 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. Institutional investors own 93.90% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Huron Consulting Group in a research note on Thursday, January 22nd. Wall Street Zen downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Saturday. Truist Financial upped their price objective on shares of Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, November 14th. Wedbush lifted their target price on shares of Huron Consulting Group from $165.00 to $200.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Finally, Barrington Research increased their price target 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. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $215.50.

Huron Consulting Group Stock Down 1.3%

Shares of HURN opened at $141.40 on Monday. The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of 24.17 and a beta of 0.13. Huron Consulting Group Inc. 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 business’s fifty day moving average price is $163.42 and its two-hundred day moving average price is $157.13.

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

Insider Buying and Selling

In related news, Director Ekta Singh-Bushell sold 1,000 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $178.55, for a total value of $178,550.00. Following the completion of the sale, the director owned 14,341 shares in the company, valued at approximately $2,560,585.55. This represents a 6.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO James Ronald Dail sold 662 shares of the company’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $170.11, for a total value of $112,612.82. Following the completion of the sale, the chief operating officer directly owned 30,355 shares of the company’s stock, valued at approximately $5,163,689.05. This trade represents a 2.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,458 shares of company stock valued at $426,131 over the last 90 days. Company insiders own 2.15% of the company’s stock.

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.