John Mccartney Sells 1,259 Shares of Huron Consulting Group Inc. (NASDAQ:HURN) Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney sold 1,259 shares of Huron Consulting Group stock in a transaction on Tuesday, June 11th. The shares were sold at an average price of $95.38, for a total transaction of $120,083.42. Following the completion of the sale, the director now owns 57,988 shares of the company’s stock, valued at approximately $5,530,895.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

John Mccartney also recently made the following trade(s):

• On Monday, June 3rd, John Mccartney sold 300 shares of Huron Consulting Group stock. The shares were sold at an average price of $89.00, for a total transaction of $26,700.00.
• On Wednesday, May 1st, John Mccartney sold 300 shares of Huron Consulting Group stock. The shares were sold at an average price of $90.06, for a total transaction of $27,018.00.
• On Monday, April 1st, John Mccartney sold 300 shares of Huron Consulting Group stock. The shares were sold at an average price of $96.38, for a total transaction of $28,914.00.

Huron Consulting Group Price Performance

HURN opened at $94.95 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.40 and a quick ratio of 2.40. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 27.36 and a beta of 0.59. The firm’s fifty day moving average price is $90.57 and its two-hundred day moving average price is $97.53. Huron Consulting Group Inc. has a 1 year low of $77.99 and a 1 year high of $113.31.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, April 30th. The business services provider reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.35. The company had revenue of $355.96 million for the quarter, compared to the consensus estimate of $348.80 million. Huron Consulting Group had a net margin of 4.67% and a return on equity of 19.21%. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.87 EPS. As a group, analysts anticipate that Huron Consulting Group Inc. will post 5.83 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on the stock. Wedbush restated an “outperform” rating and set a $110.00 price target on shares of Huron Consulting Group in a research note on Thursday, May 23rd. Barrington Research restated an “outperform” rating and set a $133.00 price target on shares of Huron Consulting Group in a research note on Tuesday, May 28th. Truist Financial restated a “buy” rating and set a $140.00 price target on shares of Huron Consulting Group in a research note on Thursday, May 16th. StockNews.com lowered shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 28th. Finally, Benchmark reaffirmed a “buy” rating and set a $140.00 price objective on shares of Huron Consulting Group in a report on Monday, May 13th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $130.75.

Hedge Funds Weigh In On Huron Consulting Group

A number of hedge funds and other institutional investors have recently made changes to their positions in HURN. Boston Partners boosted its holdings in shares of Huron Consulting Group by 36.6% in the 1st quarter. Boston Partners now owns 922,254 shares of the business services provider’s stock worth $88,994,000 after buying an additional 247,218 shares during the last quarter. Norges Bank purchased a new position in shares of Huron Consulting Group in the 4th quarter worth about $14,460,000. Vanguard Group Inc. boosted its holdings in shares of Huron Consulting Group by 6.7% in the 3rd quarter. Vanguard Group Inc. now owns 2,053,491 shares of the business services provider’s stock worth $213,892,000 after buying an additional 128,274 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Huron Consulting Group by 36.0% in the 3rd quarter. American Century Companies Inc. now owns 233,224 shares of the business services provider’s stock worth $24,293,000 after buying an additional 61,777 shares during the last quarter. Finally, Kennedy Capital Management LLC purchased a new position in shares of Huron Consulting Group in the 1st quarter worth about $5,614,000. 93.90% of the stock is owned by hedge funds and other institutional investors.

About Huron Consulting Group

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.