Huron Consulting Group Inc. (NASDAQ:HURN) Director Sells 500 Shares

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $142.67, for a total value of $71,335.00. Following the completion of the transaction, the director now directly owns 52,121 shares of the company's stock, valued at approximately $7,436,103.07. This trade represents a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

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

Huron Consulting Group Stock Performance

Shares of Huron Consulting Group stock traded down $1.14 during mid-day trading on Tuesday, hitting $135.54. 360,574 shares of the stock were exchanged, compared to its average volume of 138,797. Huron Consulting Group Inc. has a 12 month low of $84.26 and a 12 month high of $153.85. The company has a 50-day simple moving average of $138.12 and a 200 day simple moving average of $125.36. The company has a market capitalization of $2.43 billion, a P/E ratio of 29.47 and a beta of 0.37. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its quarterly earnings data 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 net margin of 5.80% and a return on equity of 21.51%. The business had revenue of $399.31 million for the quarter, compared to analyst estimates of $380.62 million. Sell-side analysts anticipate that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Huron Consulting Group

Hedge funds have recently added to or reduced their stakes in the company. Dakota Wealth Management lifted its stake in Huron Consulting Group by 4.0% in the fourth quarter. Dakota Wealth Management now owns 2,250 shares of the business services provider's stock worth $280,000 after purchasing an additional 87 shares during the last quarter. Summit Investment Advisors Inc. grew its position in Huron Consulting Group by 5.5% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,838 shares of the business services provider's stock worth $228,000 after acquiring an additional 96 shares during the last quarter. Andina Capital Management LLC grew its position in Huron Consulting Group by 3.4% during the 4th quarter. Andina Capital Management LLC now owns 3,296 shares of the business services provider's stock worth $410,000 after acquiring an additional 107 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Huron Consulting Group by 3.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,039 shares of the business services provider's stock worth $502,000 after purchasing an additional 121 shares during the period. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Huron Consulting Group by 27.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider's stock valued at $71,000 after purchasing an additional 122 shares during the period. Institutional investors own 93.90% of the company's stock.

Wall Street Analysts Forecast Growth

HURN has been the subject of a number of research analyst reports. William Blair reaffirmed an "outperform" rating on shares of Huron Consulting Group in a research report on Wednesday, March 26th. Wedbush boosted 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. Benchmark reiterated a "buy" rating and set a $165.00 price objective on shares of Huron Consulting Group in a report on Wednesday, March 26th. Truist Financial boosted their target price on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a "buy" rating in a research report on Tuesday, March 4th. Finally, Barrington Research reiterated an "outperform" rating and set a $167.00 price target on shares of Huron Consulting Group in a research note on Thursday, March 27th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus 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.