Huron Consulting Group Inc. (NASDAQ:HURN) Director Sells $256,840.00 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $128.42, for a total value of $256,840.00. Following the completion of the transaction, the director now directly owns 54,825 shares in the company, valued at $7,040,626.50. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Huron Consulting Group Stock Down 0.2 %

NASDAQ:HURN traded down $0.23 during trading hours on Friday, reaching $127.43. The company had a trading volume of 76,961 shares, compared to its average volume of 124,903. Huron Consulting Group Inc. has a twelve month low of $84.26 and a twelve month high of $131.06. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. The business's 50-day simple moving average is $108.91 and its two-hundred day simple moving average is $101.74. The firm has a market cap of $2.26 billion, a price-to-earnings ratio of 27.75 and a beta of 0.60.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last issued its quarterly earnings results on Tuesday, October 29th. The business services provider reported $1.68 EPS for the quarter, topping analysts' consensus estimates of $1.57 by $0.11. The firm had revenue of $370.00 million for the quarter, compared to analysts' expectations of $377.63 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The business's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.39 EPS. On average, equities analysts expect that Huron Consulting Group Inc. will post 6.11 earnings per share for the current year.

Institutional Investors Weigh In On Huron Consulting Group

Several hedge funds have recently bought and sold shares of HURN. Covestor Ltd raised its position in shares of Huron Consulting Group by 26,500.0% during the 1st quarter. Covestor Ltd now owns 266 shares of the business services provider's stock worth $26,000 after purchasing an additional 265 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in Huron Consulting Group during the 2nd quarter worth $28,000. Assetmark Inc. lifted its stake in Huron Consulting Group by 7.0% during the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider's stock worth $149,000 after purchasing an additional 90 shares during the period. Daiwa Securities Group Inc. boosted its position in Huron Consulting Group by 800.0% in the 1st quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the business services provider's stock valued at $174,000 after buying an additional 1,600 shares during the last quarter. Finally, Dakota Wealth Management bought a new position in shares of Huron Consulting Group during the 2nd quarter valued at about $219,000. Hedge funds and other institutional investors own 93.90% of the company's stock.

Analyst Upgrades and Downgrades

HURN has been the topic of a number of analyst reports. Barrington Research lifted their price objective on shares of Huron Consulting Group from $137.00 to $142.00 and gave the stock an "outperform" rating in a research report on Monday. StockNews.com upgraded shares of Huron Consulting Group from a "hold" rating to a "buy" rating in a research note on Thursday, October 31st. Finally, Benchmark restated a "buy" rating and issued a $140.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, October 30th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Huron Consulting Group presently has an average rating of "Buy" and an average target price of $133.00.

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.