Debra Zumwalt Sells 598 Shares of Huron Consulting Group (NASDAQ:HURN) Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director Debra Zumwalt sold 598 shares of Huron Consulting Group stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $118.44, for a total transaction of $70,827.12. Following the completion of the sale, the director directly owned 27,201 shares in the company, valued at approximately $3,221,686.44. The trade was a 2.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Debra Zumwalt also recently made the following trade(s):

• On Thursday, April 2nd, Debra Zumwalt sold 170 shares of Huron Consulting Group stock. The shares were sold at an average price of $126.93, for a total transaction of $21,578.10.

Huron Consulting Group Stock Performance

Shares of NASDAQ:HURN traded down $6.45 during midday trading on Wednesday, hitting $103.78. The stock had a trading volume of 45,107 shares, compared to its average volume of 282,086. The company has a market capitalization of $1.68 billion, a PE ratio of 17.71 and a beta of 0.15. The stock has a 50 day moving average price of $129.07 and a two-hundred day moving average price of $152.32. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 2.10. Huron Consulting Group Inc. has a 1 year low of $102.67 and a 1 year high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.73 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $451.77 million during the quarter, compared to analysts’ expectations of $437.12 million. During the same quarter last year, the business earned $1.68 earnings per share. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, equities analysts predict that Huron Consulting Group Inc. will post 8.72 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently commented on HURN. Wedbush reiterated an “outperform” rating and issued a $160.00 price objective on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Weiss Ratings cut shares of Huron Consulting Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Finally, Wall Street Zen downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Tuesday. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $205.50.

Institutional Trading of Huron Consulting Group

Several institutional investors and hedge funds have recently modified their holdings of the business. Boston Partners lifted its holdings in shares of Huron Consulting Group by 17.0% in the third quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock valued at $130,803,000 after purchasing an additional 129,073 shares in the last quarter. Morgan Stanley lifted its stake in shares of Huron Consulting Group by 11.4% during the fourth quarter. Morgan Stanley now owns 779,120 shares of the business services provider’s stock valued at $134,718,000 after buying an additional 79,757 shares during the period. Jennison Associates LLC lifted its stake in shares of Huron Consulting Group by 13.6% during the first quarter. Jennison Associates LLC now owns 667,887 shares of the business services provider’s stock valued at $85,149,000 after buying an additional 80,132 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Huron Consulting Group by 2.0% during the first quarter. Dimensional Fund Advisors LP now owns 641,714 shares of the business services provider’s stock valued at $81,811,000 after buying an additional 12,528 shares during the period. Finally, Franklin Resources Inc. lifted its stake in shares of Huron Consulting Group by 0.5% during the third quarter. Franklin Resources Inc. now owns 614,248 shares of the business services provider’s stock valued at $90,153,000 after buying an additional 3,340 shares during the period. Hedge funds and other institutional investors own 93.90% of the company’s stock.

About Huron Consulting Group

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.