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 the stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $142.67, for a total transaction of $71,335.00. Following the sale, the director now directly owns 52,121 shares in the company, valued at approximately $7,436,103.07. The trade was a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

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

Huron Consulting Group Trading Down 1.0 %

Huron Consulting Group stock traded down $1.44 during trading on Thursday, reaching $146.34. 130,103 shares of the company were exchanged, compared to its average volume of 134,596. The stock’s 50 day simple moving average is $137.24 and its two-hundred day simple moving average is $124.55. The company has a market capitalization of $2.59 billion, a P/E ratio of 31.81 and a beta of 0.53. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. Huron Consulting Group Inc. has a 52-week low of $84.26 and a 52-week high of $153.85.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings results 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 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 analyst estimates of $380.62 million. On average, equities research analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Institutional Trading of Huron Consulting Group

A number of hedge funds and other institutional investors have recently made changes to their positions in HURN. Jennison Associates LLC grew its position in Huron Consulting Group by 4.8% in the fourth quarter. Jennison Associates LLC now owns 601,335 shares of the business services provider’s stock worth $74,722,000 after acquiring an additional 27,329 shares during the period. Wellington Management Group LLP lifted its stake in shares of Huron Consulting Group by 0.9% in the 4th quarter. Wellington Management Group LLP now owns 543,236 shares of the business services provider’s stock valued at $67,503,000 after purchasing an additional 4,946 shares during the last quarter. Sunriver Management LLC grew its holdings in shares of Huron Consulting Group by 10.7% during the 4th quarter. Sunriver Management LLC now owns 486,597 shares of the business services provider’s stock worth $60,465,000 after purchasing an additional 46,968 shares during the period. Franklin Resources Inc. increased its position in shares of Huron Consulting Group by 16.4% during the 4th quarter. Franklin Resources Inc. now owns 460,650 shares of the business services provider’s stock worth $57,240,000 after purchasing an additional 64,862 shares during the last quarter. Finally, State Street Corp raised its holdings in Huron Consulting Group by 2.1% in the 3rd quarter. State Street Corp now owns 445,694 shares of the business services provider’s stock valued at $48,447,000 after buying an additional 8,972 shares during the period. Institutional investors and hedge funds own 93.90% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.