Key Points
- Director John McCartney sold 500 shares on Feb. 2 at an average price of $168.77 for $84,385, trimming his position by 1.18% to 41,817 shares (≈$7.06M value).
- Analysts are bullish—six firms rate HURN a "Buy" with a consensus average price target of $215.50, and several firms have recently raised targets (up to $240 by Truist).
- Stock fundamentals and ownership: Huron has a market cap of $2.85B, a P/E of 27.72 and a 52-week range of $120.25–$186.77, and about 93.9% of shares are held by institutional investors.
Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director John Mccartney sold 500 shares of the business's stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $168.77, for a total transaction of $84,385.00. Following the completion of the sale, the director directly owned 41,817 shares of the company's stock, valued at approximately $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 available through this link.
John Mccartney also recently made the following trade(s):
- On Monday, December 1st, John Mccartney sold 500 shares of Huron Consulting Group stock. The shares were sold at an average price of $164.20, for a total transaction of $82,100.00.
- On Wednesday, November 19th, John Mccartney sold 6,500 shares of Huron Consulting Group stock. The stock was sold at an average price of $161.44, for a total value of $1,049,360.00.
Huron Consulting Group Stock Performance
NASDAQ:HURN opened at $165.47 on Thursday. The company has a market cap of $2.85 billion, a price-to-earnings ratio of 27.72 and a beta of 0.08. Huron Consulting Group Inc. has a fifty-two week low of $120.25 and a fifty-two week high of $186.77. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.44 and a current ratio of 1.44. The stock has a fifty day moving average price of $175.20 and a 200-day moving average price of $156.15.
Institutional Trading of Huron Consulting Group
A number of large investors have recently bought and sold shares of HURN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Huron Consulting Group by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,464 shares of the business services provider's stock valued at $1,501,000 after purchasing an additional 469 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Huron Consulting Group by 53.0% in the first quarter. Goldman Sachs Group Inc. now owns 198,938 shares of the business services provider's stock valued at $28,538,000 after purchasing an additional 68,891 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Huron Consulting Group during the 1st quarter worth $6,313,000. Intech Investment Management LLC lifted its stake in shares of Huron Consulting Group by 28.1% during the 1st quarter. Intech Investment Management LLC now owns 11,064 shares of the business services provider's stock valued at $1,587,000 after buying an additional 2,425 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in Huron Consulting Group by 174.4% during the 1st quarter. Acadian Asset Management LLC now owns 3,361 shares of the business services provider's stock worth $481,000 after purchasing an additional 2,136 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
HURN has been the subject of several recent analyst reports. Truist Financial upped their target price on 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 increased their target price on shares of Huron Consulting Group from $165.00 to $200.00 and gave the stock an "outperform" rating in a report on Monday, January 12th. Wall Street Zen raised shares of Huron Consulting Group from a "hold" rating to a "buy" rating in a report on Saturday, November 1st. Benchmark raised their target price on shares of Huron Consulting Group from $180.00 to $215.00 and gave the company a "buy" rating in a research report on Wednesday, December 24th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Huron Consulting Group in a report on Thursday, January 22nd. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $215.50.
Check Out Our Latest Research Report on Huron Consulting Group
Huron Consulting Group Company Profile
(
Get Free Report)
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.
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