TSX runs higher on rate cut expectations
James H. Roth, a director at Huron Consulting Group Inc. (NASDAQ:HURN), a consulting firm with a market capitalization of $2.39 billion and an impressive 55.71% return over the past year, recently sold a significant portion of his holdings in the company. According to InvestingPro data, the company maintains a GREAT financial health score, suggesting strong operational performance. According to a filing with the Securities and Exchange Commission, Roth sold a total of 8,642 shares of common stock on March 19, 2025. The transactions were executed at prices ranging from $148.11 to $149.86 per share, amounting to approximately $1.29 million.
These sales were conducted automatically under a Rule 10b5-1 trading plan that Roth adopted on May 18, 2024. Following these transactions, Roth retains direct ownership of 56,279 shares, with an additional 3,855 shares held indirectly through a family LLC.
In other recent news, Huron Consulting Group reported impressive fourth-quarter 2024 financial results, with earnings per share (EPS) of $1.90, surpassing analyst expectations of $1.52. The company also exceeded revenue forecasts, reporting $399.31 million against the anticipated $379.99 million. Looking ahead, Huron’s guidance for 2025 projects an EPS range of $6.80-$7.60 and revenue between $1.58-1.66 billion, aligning closely with consensus estimates. In addition, Huron announced an increase in its share repurchase program to $700 million, extending the program until December 31, 2026.
Truist Securities and Benchmark analysts have both raised their price targets for Huron Consulting to $165, maintaining Buy ratings. Truist analyst Tobey Sommer cited potential growth in Huron’s core markets, driven by expected federal spending changes, while Benchmark highlighted the company’s strong Q4 performance and promising 2025 guidance. Furthermore, Truist increased its adjusted EPS estimate for Huron to $8.28 for 2026, up from $8.03, reflecting confidence in the company’s future prospects. These developments underscore the favorable market conditions and strategic initiatives that are expected to drive Huron’s growth in the healthcare and higher education sectors.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.