Huron consulting director John McCartney sells $62,575 in stock

Published 05/02/2025, 15:44
Huron consulting director John McCartney sells $62,575 in stock

John McCartney, a director at Huron Consulting Group Inc. (NASDAQ:HURN), has recently sold 500 shares of the company’s common stock, according to a recent SEC filing. The company, with a market capitalization of $2 billion, maintains a "GREAT" financial health score according to InvestingPro analysis. The transaction, which took place on February 3, 2025, was executed at a price of $125.15 per share, resulting in a total sale value of $62,575. This price sits near the stock’s 52-week high of $133.96, with the company showing strong momentum through a 23% return over the past year. This sale was conducted automatically under a Rule 10b5-1 trading plan that McCartney adopted on August 15, 2024. Following this transaction, McCartney retains ownership of 56,188 shares in the company. Analysts maintain a bullish outlook with price targets ranging from $140 to $150, suggesting potential upside. For deeper insights and additional ProTips about HURN, including management’s share buyback activities, visit InvestingPro.

In other recent news, Huron, a global professional services firm, has been making strategic moves to bolster its leadership and client service. The company has promoted 22 individuals to senior leadership roles as part of its strategy to enhance service delivery and support growth. In addition, Huron has announced the promotion of Hope Katz to the position of executive vice president, general counsel, and corporate secretary.

In another development, Huron has named Hugh E. Sawyer as its independent, non-executive chairman, effective from 2025. This change is part of the company’s ongoing board refresh process.

Huron has also announced the acquisition of AXIA Consulting, a provider of supply chain consulting and technology solutions. This acquisition aims to enhance Huron’s supply chain capabilities and expand its Oracle (NYSE:ORCL) supply chain management offerings.

All these developments indicate Huron’s commitment to leadership development, strategic growth, and enhanced service delivery.

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