Huron Consulting Group Inc. (NASDAQ:HURN) Short Interest Update

Huron Consulting Group Inc. (NASDAQ:HURN) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 806,086 shares, a growth of 18.4% from the February 26th total of 680,662 shares. Approximately 4.9% of the shares of the company are short sold. Based on an average trading volume of 304,011 shares, the days-to-cover ratio is presently 2.7 days.

Huron Consulting Group Trading Up 0.6%

Shares of HURN stock traded up $0.74 on Wednesday, hitting $128.23. 199,349 shares of the company’s stock traded hands, compared to its average volume of 301,014. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 21.92 and a beta of 0.12. The company’s fifty day simple moving average is $142.57 and its 200 day simple moving average is $156.30. Huron Consulting Group has a one year low of $116.12 and a one year high of $186.77. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.17 and a current ratio of 1.17.

Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Tuesday, February 24th. The business services provider reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.23. Huron Consulting Group had a return on equity of 28.20% and a net margin of 6.18%.The company had revenue of $441.96 million during the quarter, compared to analyst estimates of $433.57 million. During the same quarter in the previous year, the company posted $1.90 EPS. Huron Consulting Group’s revenue for the quarter was up 10.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Equities analysts forecast that Huron Consulting Group will post 6.1 EPS for the current year.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $168.77, for a total transaction of $84,385.00. Following the sale, the director directly owned 41,817 shares of the company’s stock, valued at $7,057,455.09. This represents a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Debra Zumwalt sold 170 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $170.89, for a total transaction of $29,051.30. Following the completion of the transaction, the director directly owned 26,469 shares of the company’s stock, valued at approximately $4,523,287.41. This trade represents a 0.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 796 shares of company stock worth $134,968. Insiders own 2.07% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HURN. Boston Partners boosted its position in Huron Consulting Group by 17.0% during the 3rd quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock valued at $130,803,000 after buying an additional 129,073 shares during the period. Morgan Stanley increased its position in shares of Huron Consulting Group by 11.4% in the fourth quarter. Morgan Stanley now owns 779,120 shares of the business services provider’s stock valued at $134,718,000 after acquiring an additional 79,757 shares during the period. Franklin Resources Inc. increased its position in shares of Huron Consulting Group by 0.5% in the third quarter. Franklin Resources Inc. now owns 614,248 shares of the business services provider’s stock valued at $90,153,000 after acquiring an additional 3,340 shares during the period. Jennison Associates LLC raised its stake in shares of Huron Consulting Group by 1.2% during the fourth quarter. Jennison Associates LLC now owns 587,755 shares of the business services provider’s stock valued at $101,629,000 after acquiring an additional 6,810 shares during the last quarter. Finally, Fiduciary Management Inc. WI purchased a new stake in shares of Huron Consulting Group during the fourth quarter worth about $90,661,000. Institutional investors own 93.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on HURN. Benchmark boosted their price target on shares of Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Wednesday, December 24th. Barrington Research increased their price objective on Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Wall Street Zen lowered Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Saturday. Wedbush upped their target price on Huron Consulting Group from $165.00 to $200.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Huron Consulting Group in a research report on Thursday, January 22nd. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $215.50.

Huron Consulting Group Company Profile

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.