Huron Consulting Group Inc. (NASDAQ:HURN) Director Sells $29,748.00 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney sold 300 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $99.16, for a total value of $29,748.00. Following the transaction, the director now owns 57,688 shares in the company, valued at approximately $5,720,342.08. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

• On Tuesday, June 11th, John Mccartney sold 1,259 shares of Huron Consulting Group stock. The shares were sold at an average price of $95.38, for a total value of $120,083.42.
• On Monday, June 3rd, John Mccartney sold 300 shares of Huron Consulting Group stock. The stock was sold at an average price of $89.00, for a total value of $26,700.00.
• On Wednesday, May 1st, John Mccartney sold 300 shares of Huron Consulting Group stock. The shares were sold at an average price of $90.06, for a total value of $27,018.00.

Huron Consulting Group Trading Down 1.6 %

NASDAQ:HURN opened at $97.69 on Friday. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 28.15 and a beta of 0.61. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.13. The company’s 50 day moving average price is $91.98 and its 200-day moving average price is $96.98. Huron Consulting Group Inc. has a 52 week low of $77.99 and a 52 week high of $113.31.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, April 30th. The business services provider reported $1.23 EPS for the quarter, beating the consensus estimate of $0.88 by $0.35. Huron Consulting Group had a return on equity of 19.21% and a net margin of 4.67%. The business had revenue of $355.96 million for the quarter, compared to the consensus estimate of $348.80 million. During the same period last year, the business posted $0.87 EPS. The company’s revenue was up 12.0% compared to the same quarter last year. On average, equities research analysts forecast that Huron Consulting Group Inc. will post 5.83 earnings per share for the current fiscal year.

Analysts Set New Price Targets

HURN has been the subject of several research reports. Benchmark reiterated a “buy” rating and issued a $140.00 price target on shares of Huron Consulting Group in a research note on Monday. Truist Financial reaffirmed a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a research note on Thursday, May 16th. Barrington Research reissued an “outperform” rating and issued a $133.00 price target on shares of Huron Consulting Group in a research report on Tuesday, May 28th. Finally, Wedbush restated an “outperform” rating and issued a $110.00 price target on shares of Huron Consulting Group in a research note on Thursday, May 23rd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $130.75.

Hedge Funds Weigh In On Huron Consulting Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Boston Partners lifted its position in Huron Consulting Group by 36.6% during the first quarter. Boston Partners now owns 922,254 shares of the business services provider’s stock valued at $88,994,000 after purchasing an additional 247,218 shares during the period. Norges Bank bought a new stake in shares of Huron Consulting Group in the fourth quarter worth $14,460,000. Vanguard Group Inc. increased its position in Huron Consulting Group by 6.7% during the third quarter. Vanguard Group Inc. now owns 2,053,491 shares of the business services provider’s stock valued at $213,892,000 after acquiring an additional 128,274 shares during the last quarter. American Century Companies Inc. lifted its holdings in Huron Consulting Group by 36.0% in the third quarter. American Century Companies Inc. now owns 233,224 shares of the business services provider’s stock valued at $24,293,000 after acquiring an additional 61,777 shares during the period. Finally, Kennedy Capital Management LLC bought a new position in Huron Consulting Group in the first quarter valued at about $5,614,000. Institutional investors own 93.90% of the company’s stock.

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.