Huron Consulting Group Inc. (NASDAQ:HURN) Director Sells $120,684.44 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director H Eugene Lockhart sold 1,042 shares of the company’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $115.82, for a total transaction of $120,684.44. Following the completion of the sale, the director now directly owns 27,798 shares in the company, valued at approximately $3,219,564.36. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• On Tuesday, October 1st, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The shares were sold at an average price of $108.27, for a total transaction of $112,817.34.
• On Tuesday, September 3rd, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The stock was 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 stock was sold at an average price of $102.61, for a total value of $106,919.62.

Huron Consulting Group Stock Performance

Huron Consulting Group stock opened at $127.66 on Friday. The company has a market cap of $2.26 billion, a PE ratio of 27.75 and a beta of 0.60. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. Huron Consulting Group Inc. has a 1 year low of $84.26 and a 1 year high of $131.06. The company’s 50-day moving average is $108.91 and its two-hundred day moving average is $101.74.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings data on Tuesday, October 29th. The business services provider reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.11. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The business had revenue of $370.00 million for the quarter, compared to analyst estimates of $377.63 million. During the same period in the prior year, the business posted $1.39 earnings per share. Huron Consulting Group’s revenue was up 3.3% compared to the same quarter last year. Equities analysts anticipate that Huron Consulting Group Inc. will post 6.11 earnings per share for the current year.

Hedge Funds Weigh In On Huron Consulting Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Covestor Ltd raised its position in shares of Huron Consulting Group by 26,500.0% in the 1st quarter. Covestor Ltd now owns 266 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 265 shares during the period. Ashton Thomas Private Wealth LLC acquired a new stake in Huron Consulting Group in the second quarter worth $28,000. Assetmark Inc. boosted its position in shares of Huron Consulting Group by 7.0% during the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock worth $149,000 after purchasing an additional 90 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Huron Consulting Group by 800.0% during the first quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the business services provider’s stock worth $174,000 after purchasing an additional 1,600 shares in the last quarter. Finally, Dakota Wealth Management acquired a new position in shares of Huron Consulting Group in the 2nd quarter valued at $219,000. Institutional investors own 93.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on HURN shares. Benchmark restated a “buy” rating and set a $140.00 target price on shares of Huron Consulting Group in a report on Wednesday, October 30th. Barrington Research boosted their target price on shares of Huron Consulting Group from $137.00 to $142.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, StockNews.com raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $133.00.

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.