Key Points
- Director Ekta Singh-Bushell sold 443 shares of Huron Consulting Group at an average price of $118.44, totaling about $52,469. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
- Huron Consulting Group reported better-than-expected quarterly results, with EPS of $1.73 versus the $1.58 consensus and revenue of $451.77 million, up 12.1% year over year. The company also reaffirmed FY 2026 guidance of 8.35 to 9.15 EPS.
- Despite strong earnings, the stock was down 6.1% and recently opened at $103.47, near its 52-week low of $101.49. Analysts still hold a Moderate Buy view overall, with a consensus price target of $205.50.
Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director Ekta Singh-Bushell sold 443 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $118.44, for a total transaction of $52,468.92. Following the transaction, the director directly owned 13,646 shares of the company's stock, valued at $1,616,232.24. This trade represents a 3.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ekta Singh-Bushell also recently made the following trade(s):
- On Thursday, April 2nd, Ekta Singh-Bushell sold 126 shares of Huron Consulting Group stock. The shares were sold at an average price of $126.93, for a total transaction of $15,993.18.
Huron Consulting Group Stock Down 6.1%
HURN opened at $103.47 on Thursday. The firm has a 50-day simple moving average of $128.25 and a two-hundred day simple moving average of $151.97. Huron Consulting Group Inc. has a 52 week low of $101.49 and a 52 week high of $186.77. The company has a market capitalization of $1.68 billion, a PE ratio of 17.66 and a beta of 0.15. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 2.10.
Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.73 EPS for the quarter, beating the consensus estimate of $1.58 by $0.15. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The business had revenue of $451.77 million during the quarter, compared to the consensus estimate of $437.12 million. During the same quarter in the prior year, the firm earned $1.68 EPS. The business's revenue was up 12.1% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Analysts forecast that Huron Consulting Group Inc. will post 8.71 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. First Trust Advisors LP lifted its holdings in shares of Huron Consulting Group by 68.3% in the 1st quarter. First Trust Advisors LP now owns 56,285 shares of the business services provider's stock valued at $7,176,000 after acquiring an additional 22,846 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Huron Consulting Group by 2.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 641,714 shares of the business services provider's stock valued at $81,811,000 after acquiring an additional 12,528 shares during the last quarter. Jennison Associates LLC lifted its holdings in shares of Huron Consulting Group by 13.6% in the 1st quarter. Jennison Associates LLC now owns 667,887 shares of the business services provider's stock valued at $85,149,000 after acquiring an additional 80,132 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of Huron Consulting Group by 67.4% in the 1st quarter. Assetmark Inc. now owns 2,273 shares of the business services provider's stock valued at $290,000 after acquiring an additional 915 shares during the last quarter. Finally, Fifth Third Bancorp bought a new position in shares of Huron Consulting Group in the 1st quarter valued at about $122,000. Institutional investors own 93.90% of the company's stock.
Analyst Ratings Changes
Several research firms have commented on HURN. Weiss Ratings downgraded shares of Huron Consulting Group from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday. Wall Street Zen downgraded shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Tuesday. Finally, Wedbush reissued an "outperform" rating and set a $160.00 price objective on shares of Huron Consulting Group in a report on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $205.50.
Get Our Latest Stock Report on HURN
About Huron Consulting Group
(
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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