Short Interest in Huron Consulting Group Inc. (NASDAQ:HURN) Rises By 18.4%
by Danessa Lincoln · The Markets DailyHuron Consulting Group Inc. (NASDAQ:HURN – Get Free Report) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 806,086 shares, an increase of 18.4% from the February 26th total of 680,662 shares. Currently, 4.9% of the company’s stock are short sold. Based on an average daily volume of 304,011 shares, the short-interest ratio is presently 2.7 days.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the company. Wedbush boosted their price target on Huron Consulting Group from $165.00 to $200.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Wall Street Zen cut Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Saturday. Benchmark lifted their target price on Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, December 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a report on Thursday, January 22nd. Finally, Barrington Research raised their price target on Huron Consulting Group from $190.00 to $207.00 and gave the company an “outperform” rating in a report on Monday, January 5th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $215.50.
Get Our Latest Analysis on Huron Consulting Group
Insiders Place Their Bets
In other news, Director Debra Zumwalt sold 170 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $170.89, for a total value of $29,051.30. Following the completion of the transaction, the director owned 26,469 shares in the company, valued at $4,523,287.41. This trade represents a 0.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $168.77, for a total value of $84,385.00. Following the completion of the sale, the director directly owned 41,817 shares in the company, valued at approximately $7,057,455.09. This represents a 1.18% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 796 shares of company stock valued at $134,968. 2.07% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the company. Richardson Financial Services Inc. boosted its position in shares of Huron Consulting Group by 68.1% in the third quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 79 shares during the period. Maseco LLP bought a new position in Huron Consulting Group during the fourth quarter worth about $29,000. Clearstead Advisors LLC raised its stake in Huron Consulting Group by 86.2% in the 3rd quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock worth $30,000 after purchasing an additional 94 shares in the last quarter. Strs Ohio bought a new stake in Huron Consulting Group in the 4th quarter valued at about $35,000. Finally, Brown Brothers Harriman & Co. bought a new stake in Huron Consulting Group in the 3rd quarter valued at about $35,000. Institutional investors own 93.90% of the company’s stock.
Huron Consulting Group Stock Performance
Huron Consulting Group stock traded up $1.42 during trading hours on Tuesday, hitting $127.49. The company had a trading volume of 268,863 shares, compared to its average volume of 268,871. The firm has a 50-day moving average of $142.57 and a 200 day moving average of $156.30. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.17 and a quick ratio of 1.17. The firm has a market cap of $2.11 billion, a PE ratio of 21.79 and a beta of 0.12. Huron Consulting Group has a one year low of $116.12 and a one year high of $186.77.
Huron Consulting Group (NASDAQ:HURN – Get Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The business services provider reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.23. The company had revenue of $441.96 million during the quarter, compared to analysts’ expectations of $433.57 million. Huron Consulting Group had a return on equity of 28.20% and a net margin of 6.18%.The business’s revenue was up 10.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.90 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, sell-side analysts expect that Huron Consulting Group will post 6.1 earnings per share for the current year.
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.