Huron Consulting Group Inc. $HURN Shares Sold by Atom Investors LP

by · The Markets Daily

Atom Investors LP trimmed its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN – Free Report) by 18.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,619 shares of the business services provider’s stock after selling 10,474 shares during the period. Atom Investors LP’s holdings in Huron Consulting Group were worth $7,888,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Maseco LLP acquired a new position in Huron Consulting Group during the 4th quarter valued at about $29,000. Strs Ohio acquired a new position in Huron Consulting Group during the 4th quarter valued at about $35,000. Clearstead Advisors LLC boosted its stake in Huron Consulting Group by 86.2% during the 3rd quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 94 shares during the period. Kemnay Advisory Services Inc. acquired a new position in Huron Consulting Group during the 4th quarter valued at about $39,000. Finally, Brown Brothers Harriman & Co. acquired a new position in Huron Consulting Group during the 3rd quarter valued at about $35,000. 93.90% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have commented on HURN shares. Weiss Ratings downgraded shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Truist Financial dropped their price target on shares of Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, June 9th. Wedbush restated an “outperform” rating and set a $160.00 price target on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Finally, Wall Street Zen downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $184.25.

Read Our Latest Research Report on HURN

Huron Consulting Group Stock Up 0.5%

NASDAQ HURN opened at $107.66 on Wednesday. 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 company’s 50 day simple moving average is $116.60 and its 200 day simple moving average is $142.50. Huron Consulting Group Inc. has a 12 month low of $100.10 and a 12 month high of $186.77. The company has a market capitalization of $1.75 billion, a P/E ratio of 18.37 and a beta of 0.08.

Huron Consulting Group (NASDAQ:HURN – Get Free Report) last released its earnings results on Tuesday, May 5th. The business services provider reported $1.73 EPS for the quarter, topping 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 business had revenue of $451.77 million for the quarter, compared to the consensus estimate of $437.12 million. During the same period in the previous year, the firm earned $1.68 EPS. The business’s revenue for the quarter 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. Equities research analysts expect that Huron Consulting Group Inc. will post 8.71 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Ekta Singh-Bushell sold 443 shares of Huron Consulting Group stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $118.44, for a total value of $52,468.92. Following the transaction, the director directly owned 13,646 shares of the company’s stock, valued at $1,616,232.24. This trade represents a 3.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction that occurred 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 completion of the transaction, the director directly owned 40,817 shares in the company, valued at approximately $5,211,514.56. This trade represents a 1.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 3,658 shares of company stock valued at $415,931. 2.07% of the stock is currently owned by insiders.

About Huron Consulting Group

(Free Report)

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.

See Also

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