Key Points
- Director Joy Brown sold 1,821 shares of Huron Consulting Group on May 22 at an average price of $105.01, totaling about $191,223 and reducing her holdings by 17.52%.
- The company recently beat earnings expectations, reporting Q1 EPS of $1.73 versus the $1.58 consensus and revenue of $451.77 million, up 12.1% year over year.
- Analyst sentiment remains mostly positive, with four Buy ratings and one Hold rating, though some firms recently downgraded the stock; the consensus price target is $205.50.
Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director Joy Brown sold 1,821 shares of Huron Consulting Group stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $105.01, for a total value of $191,223.21. Following the sale, the director directly owned 8,575 shares of the company's stock, valued at approximately $900,460.75. The trade was a 17.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Huron Consulting Group Price Performance
HURN opened at $104.74 on Thursday. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 17.87 and a beta of 0.15. Huron Consulting Group Inc. has a 1 year low of $100.10 and a 1 year high of $186.77. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 2.10. The stock has a fifty day moving average price of $121.74 and a 200 day moving average price of $147.98.
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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.58 by $0.15. The firm had revenue of $451.77 million during the quarter, compared to analysts' expectations of $437.12 million. Huron Consulting Group had a return on equity of 29.41% and a net margin of 5.94%.The business's revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.68 earnings per share. 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 EPS for the current fiscal year.
Institutional Investors Weigh In On Huron Consulting Group
Large investors have recently modified their holdings of the stock. Maseco LLP bought a new stake in shares of Huron Consulting Group in the 4th quarter valued at approximately $29,000. Strs Ohio bought a new stake in shares of Huron Consulting Group in the 4th quarter valued at approximately $35,000. Clearstead Advisors LLC grew its stake in shares of Huron Consulting Group by 86.2% in the 3rd quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider's stock valued at $30,000 after purchasing an additional 94 shares during the period. Kemnay Advisory Services Inc. bought a new stake in shares of Huron Consulting Group in the 4th quarter valued at approximately $39,000. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of Huron Consulting Group in the 3rd quarter valued at approximately $35,000. 93.90% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
HURN has been the subject of a number of analyst reports. Wall Street Zen cut Huron Consulting Group from a "buy" rating to a "hold" rating in a research report on Tuesday, May 12th. Wedbush reaffirmed an "outperform" rating and issued a $160.00 price target on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Finally, Weiss Ratings cut Huron Consulting Group from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $205.50.
View Our Latest Analysis 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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
