Insider Selling: Huron Consulting Group Inc. (NASDAQ:HURN) Director Sells $75,565.00 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $151.13, for a total transaction of $75,565.00. Following the transaction, the director now directly owns 55,688 shares of the company’s stock, valued at approximately $8,416,127.44. This trade represents a 0.89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Thursday, January 2nd, John Mccartney sold 500 shares of Huron Consulting Group stock. The stock was sold at an average price of $124.65, for a total transaction of $62,325.00.

Huron Consulting Group Trading Up 2.6 %

Shares of Huron Consulting Group stock opened at $149.28 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. Huron Consulting Group Inc. has a twelve month low of $84.26 and a twelve month high of $153.85. The firm has a market capitalization of $2.64 billion, a PE ratio of 32.45 and a beta of 0.53. The firm’s 50-day moving average price is $129.54 and its 200 day moving average price is $119.34.

Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.38. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The business had revenue of $399.31 million for the quarter, compared to the consensus estimate of $380.62 million. On average, sell-side analysts predict that Huron Consulting Group Inc. will post 6.1 EPS for the current fiscal year.

Institutional Investors Weigh In On Huron Consulting Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Creative Planning boosted its position in Huron Consulting Group by 10.5% during the third quarter. Creative Planning now owns 2,588 shares of the business services provider’s stock worth $281,000 after acquiring an additional 246 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in Huron Consulting Group by 2.5% in the 3rd quarter. Asset Management One Co. Ltd. now owns 58,259 shares of the business services provider’s stock worth $6,333,000 after purchasing an additional 1,398 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Huron Consulting Group by 4.7% in the 3rd quarter. Principal Financial Group Inc. now owns 380,024 shares of the business services provider’s stock worth $41,308,000 after purchasing an additional 17,146 shares in the last quarter. Olympiad Research LP acquired a new position in shares of Huron Consulting Group during the 3rd quarter worth approximately $299,000. Finally, Assetmark Inc. grew its position in shares of Huron Consulting Group by 7.0% in the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock valued at $149,000 after purchasing an additional 90 shares in the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on HURN. Wedbush initiated coverage on shares of Huron Consulting Group in a research report on Monday, February 3rd. They issued an “outperform” rating for the company. William Blair reaffirmed an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, February 26th. Benchmark increased their price target on Huron Consulting Group from $140.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday, February 26th. Barrington Research boosted their price objective on Huron Consulting Group from $142.00 to $167.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. Finally, Truist Financial upped their target price on Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Tuesday. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $155.50.

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.