John Mccartney Sells 500 Shares of Huron Consulting Group Inc. (NASDAQ:HURN) Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director John Mccartney sold 500 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $151.13, for a total value of $75,565.00. Following the completion of the sale, the director now directly owns 55,688 shares of the company’s stock, valued at approximately $8,416,127.44. The trade was a 0.89 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Thursday, January 2nd, John Mccartney sold 500 shares of Huron Consulting Group stock. The shares were sold at an average price of $124.65, for a total value of $62,325.00.

Huron Consulting Group Price Performance

Shares of NASDAQ:HURN traded up $1.51 on Wednesday, hitting $149.14. The stock had a trading volume of 60,048 shares, compared to its average volume of 118,940. The company has a market capitalization of $2.64 billion, a price-to-earnings ratio of 32.33 and a beta of 0.59. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. The firm’s 50 day moving average price is $128.59 and its 200-day moving average price is $118.95. Huron Consulting Group Inc. has a twelve month low of $84.26 and a twelve month high of $153.85.

Huron Consulting Group (NASDAQ:HURN) last posted its earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.38. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The company had revenue of $399.31 million during the quarter, compared to analysts’ expectations of $380.62 million. On average, equities research analysts predict that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Analysts Set New Price Targets

HURN has been the subject of a number of recent analyst reports. William Blair restated an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, February 26th. Barrington Research raised their target price on Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Wedbush started coverage on shares of Huron Consulting Group in a report on Monday, February 3rd. They issued an “outperform” rating on the stock. Benchmark raised their price objective on shares of Huron Consulting Group from $140.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, February 26th. Finally, Truist Financial upped their target price on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Tuesday. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $155.50.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HURN. Heck Capital Advisors LLC acquired a new position in shares of Huron Consulting Group during the fourth quarter valued at $33,000. Tower Research Capital LLC TRC grew its position in shares of Huron Consulting Group by 27.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider’s stock worth $71,000 after buying an additional 122 shares during the period. Assetmark Inc. raised its stake 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 buying an additional 90 shares during the last quarter. Xponance Inc. bought a new position in Huron Consulting Group in the fourth quarter valued at approximately $204,000. Finally, Cibc World Markets Corp acquired a new stake in Huron Consulting Group during the 4th quarter worth $204,000. 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.