Insider Selling: Huron Consulting Group Inc. (NASDAQ:HURN) Director Sells $112,817.34 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director H Eugene Lockhart sold 1,042 shares of the business’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $108.27, for a total transaction of $112,817.34. Following the completion of the sale, the director now directly owns 28,840 shares of the company’s stock, valued at approximately $3,122,506.80. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

H Eugene Lockhart also recently made the following trade(s):

• On Tuesday, September 3rd, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The shares were sold at an average price of $109.48, for a total transaction of $114,078.16.
• On Thursday, August 8th, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The shares were sold at an average price of $102.61, for a total transaction of $106,919.62.

Huron Consulting Group Trading Up 1.8 %

NASDAQ:HURN opened at $106.86 on Friday. The company has a market capitalization of $1.92 billion, a P/E ratio of 30.80 and a beta of 0.61. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.99. Huron Consulting Group Inc. has a 12 month low of $84.26 and a 12 month high of $115.65. The firm has a fifty day simple moving average of $107.05 and a 200-day simple moving average of $99.07.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, July 30th. The business services provider reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.20. The company had revenue of $371.70 million during the quarter, compared to analysts’ expectations of $374.33 million. Huron Consulting Group had a return on equity of 20.44% and a net margin of 5.46%. The firm’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.38 EPS. On average, equities research analysts anticipate that Huron Consulting Group Inc. will post 5.95 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on HURN shares. Barrington Research reiterated an “outperform” rating and set a $137.00 price objective on shares of Huron Consulting Group in a report on Monday, September 9th. Benchmark reiterated a “buy” rating and issued a $140.00 price target on shares of Huron Consulting Group in a research note on Wednesday, July 31st. Finally, StockNews.com upgraded Huron Consulting Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 3rd. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Huron Consulting Group presently has an average rating of “Moderate Buy” and an average target price of $131.75.

Hedge Funds Weigh In On Huron Consulting Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Handelsbanken Fonder AB lifted its stake in Huron Consulting Group by 11.8% during the 3rd quarter. Handelsbanken Fonder AB now owns 3,800 shares of the business services provider’s stock valued at $413,000 after acquiring an additional 400 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Huron Consulting Group during the second quarter worth $2,226,000. Aristides Capital LLC acquired a new position in Huron Consulting Group during the second quarter valued at $296,000. Susquehanna Fundamental Investments LLC purchased a new stake in Huron Consulting Group in the second quarter valued at $999,000. Finally, AXA S.A. boosted its holdings in Huron Consulting Group by 29.0% in the second quarter. AXA S.A. now owns 29,930 shares of the business services provider’s stock valued at $2,948,000 after purchasing an additional 6,730 shares during the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

Huron Consulting Group Company Profile

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.