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John McCartney, a director at Huron Consulting Group Inc. (NASDAQ:HURN), disclosed the sale of 500 shares of common stock on June 2, according to a recent SEC filing. The company, currently valued at $2.3 billion, has demonstrated strong performance with a 59% return over the past year. According to InvestingPro analysis, the company maintains a "GREAT" financial health score. The shares were sold at a price of $143.17 each, totaling approximately $71,585. Following this transaction, McCartney holds 52,317 shares in the company. The sale was executed automatically under a Rule 10b5-1 trading plan that McCartney adopted on August 15, 2024. While this insider sale occurred, InvestingPro data shows management has been actively buying back shares, and the company appears slightly overvalued based on its Fair Value assessment. InvestingPro subscribers have access to 8 additional key insights about HURN’s valuation and growth prospects.
In other recent news, Huron Consulting Group reported strong financial results for the first quarter of 2025, exceeding analysts’ expectations. The company posted an earnings per share (EPS) of $1.68, significantly surpassing the forecasted $1.16, and achieved revenue of $395.7 million, which was higher than the anticipated $389.27 million. This performance reflects a robust demand across Huron’s Healthcare, Education, and Commercial segments. Additionally, the company reaffirmed its full-year guidance for 2025, projecting revenue between $1.58 billion and $1.66 billion and an adjusted EBITDA margin of 14-14.5%.
In another development, Huron Consulting held its Annual Meeting on May 9, 2025, where stockholders approved an amendment to the Amended and Restated 2012 Omnibus Incentive Plan, allowing for an additional 900,000 shares to be issued. The meeting also saw the election of board members and the ratification of PricewaterhouseCoopers LLP as the independent auditor for the fiscal year ending December 31, 2025. Meanwhile, Benchmark analysts reaffirmed their Buy rating for Huron Consulting, maintaining a price target of $165.00, citing a stable outlook and a positive impact from recent government actions on the company’s business.
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