Huron Consulting Group (NASDAQ:HURN) Sets New 52-Week Low on Insider Selling

Huron Consulting Group Inc. (NASDAQ:HURN)’s stock price reached a new 52-week low during trading on Wednesday following insider selling activity. The stock traded as low as $100.10 and last traded at $103.90, with a volume of 351378 shares changing hands. The stock had previously closed at $105.46.

Specifically, Director Joy Brown sold 1,821 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $105.01, for a total transaction of $191,223.21. Following the transaction, the director owned 8,575 shares in the company, valued at $900,460.75. This represents a 17.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Wedbush restated an “outperform” rating and set a $160.00 price target on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Wall Street Zen lowered shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 12th. Finally, Weiss Ratings downgraded shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Huron Consulting Group presently has an average rating of “Moderate Buy” and a consensus target price of $205.50.

Huron Consulting Group Trading Up 2.1%

The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 2.10. The business’s fifty day simple moving average is $121.35 and its two-hundred day simple moving average is $147.57. The stock has a market capitalization of $1.73 billion, a P/E ratio of 18.25 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 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.15. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The firm had revenue of $451.77 million during the quarter, compared to the consensus estimate of $437.12 million. During the same period in the prior year, the firm earned $1.68 EPS. The business’s revenue was up 12.1% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, analysts forecast that Huron Consulting Group Inc. will post 8.71 earnings per share for the current year.

Hedge Funds Weigh In On Huron Consulting Group

A number of hedge funds have recently made changes to their positions in HURN. Maseco LLP acquired a new position in shares of Huron Consulting Group in the 4th quarter valued at $29,000. Clearstead Advisors LLC raised its stake 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 valued at $30,000 after buying an additional 94 shares in the last quarter. Strs Ohio acquired a new position in shares of Huron Consulting Group in the 4th quarter valued at $35,000. Brown Brothers Harriman & Co. acquired a new position in shares of Huron Consulting Group in the 3rd quarter valued at $35,000. Finally, Advisory Services Network LLC acquired a new position in shares of Huron Consulting Group in the 3rd quarter valued at $36,000. Institutional investors and hedge funds own 93.90% of the company’s stock.

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.