Insider Selling: Huron Consulting Group Inc. (NASDAQ:HURN) Director Sells 500 Shares of Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $142.67, for a total transaction of $71,335.00. Following the transaction, the director now directly owns 52,121 shares of the company’s stock, valued at $7,436,103.07. The trade was a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, March 3rd, John Mccartney sold 500 shares of Huron Consulting Group stock. The stock was sold at an average price of $151.13, for a total transaction of $75,565.00.

Huron Consulting Group Stock Down 1.0 %

Shares of HURN traded down $1.44 during mid-day trading on Thursday, hitting $146.34. 130,103 shares of the company traded hands, compared to its average volume of 134,596. The company has a market capitalization of $2.59 billion, a PE ratio of 31.81 and a beta of 0.53. Huron Consulting Group Inc. has a 1-year low of $84.26 and a 1-year high of $153.85. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. The business has a 50 day moving average of $137.24 and a 200 day moving average of $124.55.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, topping the consensus estimate of $1.52 by $0.38. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The business had revenue of $399.31 million during the quarter, compared to the consensus estimate of $380.62 million. Equities research analysts anticipate that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. William Blair reiterated an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, March 26th. Truist Financial boosted their target price on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Wedbush raised their price target on shares of Huron Consulting Group from $150.00 to $165.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 26th. Barrington Research reissued an “outperform” rating and issued a $167.00 price objective on shares of Huron Consulting Group in a research report on Thursday, March 27th. Finally, Benchmark restated a “buy” rating and set a $165.00 price target on shares of Huron Consulting Group in a research note on Wednesday, March 26th. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $169.25.

Institutional Trading of Huron Consulting Group

Several large investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP boosted its position in Huron Consulting Group by 0.9% in the fourth quarter. Wellington Management Group LLP now owns 543,236 shares of the business services provider’s stock valued at $67,503,000 after buying an additional 4,946 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Huron Consulting Group by 3.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,039 shares of the business services provider’s stock valued at $502,000 after purchasing an additional 121 shares during the period. Heck Capital Advisors LLC purchased a new stake in Huron Consulting Group in the fourth quarter valued at $33,000. Voloridge Investment Management LLC purchased a new position in Huron Consulting Group during the fourth quarter valued at approximately $3,059,000. Finally, Squarepoint Ops LLC grew its stake in shares of Huron Consulting Group by 355.5% during the 4th quarter. Squarepoint Ops LLC now owns 17,853 shares of the business services provider’s stock worth $2,218,000 after purchasing an additional 13,934 shares during the period. Hedge funds and other 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.