Insider Selling: Huron Consulting Group Inc. (NASDAQ:HURN) Director Sells $127,968.02 in Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $122.81, for a total transaction of $127,968.02. Following the completion of the transaction, the director now directly owns 26,756 shares in the company, valued at approximately $3,285,904.36. The trade was a 3.75 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Friday, November 1st, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The stock was sold at an average price of $115.82, for a total transaction of $120,684.44.
• On Tuesday, October 1st, H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock. The stock was sold at an average price of $108.27, for a total transaction of $112,817.34.

Huron Consulting Group Stock Performance

NASDAQ:HURN opened at $123.11 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 26.76 and a beta of 0.60. Huron Consulting Group Inc. has a 1-year low of $84.26 and a 1-year high of $131.06. The firm’s fifty day moving average price is $115.63 and its 200 day moving average price is $106.78.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, October 29th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.11. The company had revenue of $370.00 million during the quarter, compared to analysts’ expectations of $377.63 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.39 earnings per share. On average, sell-side analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on HURN shares. Barrington Research raised their target price on Huron Consulting Group from $137.00 to $142.00 and gave the company an “outperform” rating in a research report on Monday, November 4th. StockNews.com raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Finally, Benchmark restated a “buy” rating and set a $140.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, October 30th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $133.00.

Hedge Funds Weigh In On Huron Consulting Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Ashton Thomas Private Wealth LLC bought a new position in Huron Consulting Group during the 2nd quarter valued at $28,000. Assetmark Inc. grew its holdings in Huron Consulting Group by 7.0% in the 3rd quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock worth $149,000 after buying an additional 90 shares in the last quarter. MML Investors Services LLC bought a new stake in shares of Huron Consulting Group during the third quarter valued at about $220,000. Peapack Gladstone Financial Corp acquired a new stake in shares of Huron Consulting Group in the 3rd quarter worth approximately $220,000. Finally, Dakota Wealth Management bought a new position in Huron Consulting Group during the 2nd quarter valued at $219,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

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.