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Debra Zumwalt, a director at Huron Consulting Group Inc. (NASDAQ:HURN), recently sold shares of the company’s stock. According to a Form 4 filing with the Securities and Exchange Commission, Zumwalt sold 223 shares on April 2, 2025, at a price of $144.33 per share. This transaction totaled approximately $32,185. The $2.4 billion market cap consulting firm has seen its stock surge 57% over the past year, trading near its 52-week high of $153.85. According to InvestingPro analysis, the company maintains a "GREAT" financial health score, with analysts setting price targets between $165 and $180.
Following the sale, Zumwalt now directly owns 25,783 shares of Huron Consulting Group. The sale was conducted automatically as part of a Rule 10b5-1 trading plan, which was adopted on May 21, 2024. While this insider sale occurred, InvestingPro data shows management has been actively buying back shares, with 12 additional exclusive insights available to subscribers through the comprehensive Pro Research Report.
In other recent news, Huron Consulting Group reported strong fourth-quarter 2024 financial results, with earnings per share (EPS) of $1.90, surpassing analyst estimates of $1.52. The company’s revenue for the quarter reached $399.31 million, exceeding the consensus estimate of $379.99 million. Huron’s full-year results for 2024 showed a 9.1% increase in revenues to a record $1.49 billion and an 86.7% rise in net income to $116.6 million. Additionally, Huron has announced an increase in its share repurchase program to $700 million, reflecting confidence in its financial health.
Truist Securities has maintained a Buy rating on Huron, raising the price target to $180, citing the company’s solid growth prospects and strategic positioning. Benchmark analyst Bill Sutherland also reiterated a Buy rating with a price target of $165, following Huron’s strong performance and promising 2025 guidance. Huron’s management has outlined ambitious goals, including a 15% compound annual growth rate in EPS over the next five years. The company plans to leverage its diversified revenue streams and digital offerings to navigate market challenges.
Huron’s strategic initiatives include sustaining low double-digit revenue growth and expanding adjusted EBITDA margins. The company is also focusing on capital allocation through share repurchases and mergers and acquisitions. Analysts from Truist and Benchmark have noted Huron’s potential to capitalize on regulatory changes and financial pressures in healthcare and higher education sectors. Huron’s upcoming Investor Day will provide further insights into its strategic plans and financial goals.
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