William Blair Investment Management LLC Sells 20,340 Shares of Huron Consulting Group Inc. $HURN

William Blair Investment Management LLC trimmed its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 9.5% during the fourth quarter, HoldingsChannel reports. The firm owned 194,388 shares of the business services provider’s stock after selling 20,340 shares during the quarter. William Blair Investment Management LLC’s holdings in Huron Consulting Group were worth $33,612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in HURN. Maseco LLP purchased a new position in shares of Huron Consulting Group in the 4th quarter worth about $29,000. Clearstead Advisors LLC boosted its holdings in shares of Huron Consulting Group by 86.2% in the 3rd quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock worth $30,000 after buying an additional 94 shares during the last quarter. Strs Ohio purchased a new position in shares of Huron Consulting Group in the 4th quarter worth about $35,000. Brown Brothers Harriman & Co. purchased a new position in shares of Huron Consulting Group in the 3rd quarter worth about $35,000. Finally, Advisory Services Network LLC purchased a new position in shares of Huron Consulting Group in the 3rd quarter worth about $36,000. 93.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Wedbush reissued an “outperform” rating and issued a $160.00 price target on shares of Huron Consulting Group in a report on Wednesday, May 6th. Wall Street Zen cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings cut shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $205.50.

Huron Consulting Group Price Performance

Shares of NASDAQ HURN opened at $105.46 on Monday. Huron Consulting Group Inc. has a one year low of $101.00 and a one year high of $186.77. The company has a debt-to-equity ratio of 2.10, a current ratio of 2.22 and a quick ratio of 2.22. The business’s fifty day moving average price is $123.12 and its 200-day moving average price is $149.29. The stock has a market capitalization of $1.71 billion, a PE ratio of 18.00 and a beta of 0.15.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.15. Huron Consulting Group had a return on equity of 29.41% and a net margin of 5.94%.The firm had revenue of $451.77 million for the quarter, compared to analysts’ expectations of $437.12 million. During the same quarter in the prior year, the firm earned $1.68 EPS. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, equities research analysts anticipate that Huron Consulting Group Inc. will post 8.71 EPS for the current year.

Insider Activity

In other news, Director John Mccartney sold 500 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $127.68, for a total transaction of $63,840.00. Following the transaction, the director owned 40,817 shares of the company’s stock, valued at $5,211,514.56. This represents a 1.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Debra Zumwalt sold 598 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $118.44, for a total value of $70,827.12. Following the transaction, the director directly owned 27,201 shares in the company, valued at $3,221,686.44. This represents a 2.15% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,837 shares of company stock valued at $224,707 in the last 90 days. Insiders own 2.07% of the company’s stock.

Huron Consulting Group 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.