Huron consulting director Lockhart sells $142,209 in stock

Published 03/07/2025, 20:12
Huron consulting director Lockhart sells $142,209 in stock

H. Eugene Lockhart, a director at Huron Consulting Group Inc (NASDAQ:HURN), sold 1,040 shares of common stock on July 1, 2025, at a price of $136.74, for a total value of $142,209. Following the transaction, Lockhart directly owns 8,162 shares of Huron Consulting Group Inc. The sale was executed automatically under a pre-arranged Rule 10b5-1 trading plan adopted on May 9, 2024.The $2.2 billion market cap company has demonstrated strong financial performance, with InvestingPro data showing management’s aggressive share buyback program and an impressive financial health score of "GREAT." According to InvestingPro analysis, the stock is currently trading near its Fair Value, with 8 additional ProTips available to subscribers, including insights on profitability and growth metrics.

In other recent news, Huron Consulting Group reported impressive financial results for the first quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share of $1.68, significantly outpacing the forecasted $1.16, and revenue of $395.7 million, exceeding the anticipated $389.27 million. Additionally, Huron announced the acquisition of Eclipse Insights, a healthcare revenue cycle consulting firm, which is expected to enhance its capabilities in delivering comprehensive revenue cycle solutions. Benchmark analysts reaffirmed their Buy rating for Huron, maintaining a price target of $165, citing a stable outlook and a positive impact from recent government actions on its business. In corporate governance developments, Huron’s stockholders approved an amendment to its Omnibus Incentive Plan, increasing the number of shares authorized for issuance by 900,000. The company also reaffirmed its full-year 2025 guidance, projecting revenue between $1.58 billion and $1.66 billion. These developments reflect Huron’s strategic initiatives and adaptability in a dynamic market environment.

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