Huron Consulting Group (HURN) CEO James H. Roth Sells 17,500 Shares

Huron Consulting Group (NASDAQ:HURN) CEO James H. Roth sold 17,500 shares of Huron Consulting Group stock in a transaction dated Thursday, December 6th. The shares were sold at an average price of $51.28, for a total transaction of $897,400.00. Following the completion of the sale, the chief executive officer now owns 207,897 shares in the company, valued at $10,660,958.16. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Huron Consulting Group stock traded up $0.48 during trading hours on Friday, hitting $52.11. 79,723 shares of the company traded hands, compared to its average volume of 94,501. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 24.24, a PEG ratio of 1.82 and a beta of -0.17. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.60. Huron Consulting Group has a 1-year low of $32.05 and a 1-year high of $57.00.

Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Tuesday, October 30th. The business services provider reported $0.64 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.59 by $0.05. The firm had revenue of $198.45 million for the quarter, compared to analysts’ expectations of $187.49 million. Huron Consulting Group had a negative net margin of 2.23% and a positive return on equity of 8.93%. Huron Consulting Group’s quarterly revenue was up 12.5% on a year-over-year basis. During the same quarter last year, the company earned $0.43 EPS. Research analysts expect that Huron Consulting Group will post 2.1 earnings per share for the current fiscal year.

Several analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Huron Consulting Group from a “sell” rating to a “hold” rating in a research report on Monday, September 3rd. BidaskClub upgraded shares of Huron Consulting Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 29th. Benchmark reissued a “buy” rating and set a $54.00 target price (up previously from $52.00) on shares of Huron Consulting Group in a research note on Tuesday, September 18th. Finally, Barrington Research raised shares of Huron Consulting Group from a “market perform” rating to an “outperform” rating and set a $55.00 target price on the stock in a research note on Tuesday, August 28th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $55.75.

Institutional investors have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. increased its stake in Huron Consulting Group by 83.8% during the 2nd quarter. Advisors Asset Management Inc. now owns 10,795 shares of the business services provider’s stock valued at $187,000 after buying an additional 4,923 shares during the period. GSA Capital Partners LLP acquired a new position in Huron Consulting Group during the 3rd quarter valued at about $201,000. SG Americas Securities LLC increased its stake in Huron Consulting Group by 50.2% during the 2nd quarter. SG Americas Securities LLC now owns 5,244 shares of the business services provider’s stock valued at $214,000 after buying an additional 1,752 shares during the period. Stone Ridge Asset Management LLC acquired a new position in Huron Consulting Group during the 3rd quarter valued at about $217,000. Finally, Man Group plc acquired a new position in Huron Consulting Group during the 3rd quarter valued at about $218,000. 89.22% of the stock is currently owned by hedge funds and other institutional investors.

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Huron Consulting Group Company Profile

Huron Consulting Group Inc, a professional services firm, provides advisory, technology, and analytic solutions in the United States and internationally. Its Healthcare segment provides advisory services in the areas of strategy, care transformation, financial and operational performance, technology and analytics, and leadership development to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, and medical groups.

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Insider Buying and Selling by Quarter for Huron Consulting Group (NASDAQ:HURN)

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