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H. Eugene Lockhart, a director at Huron Consulting Group Inc. (NASDAQ:HURN), recently sold a portion of his holdings in the company. The $2.05 billion market cap consulting firm, which InvestingPro data shows maintains a "GREAT" financial health score, has seen its stock rise nearly 23% over the past year. According to a recent filing, Lockhart sold 1,042 shares of Huron Consulting’s common stock on February 3rd at a price of $125.15 per share. The transaction, carried out under a pre-established Rule 10b5-1 trading plan, totaled approximately $130,406. Notably, analysts maintain a strong buy consensus on the stock, with price targets ranging from $140 to $150.
Following this sale, Lockhart retains ownership of 24,672 shares in the company. The sale was executed automatically as part of the trading plan Lockhart adopted in May 2024. For deeper insights into insider trading patterns and 8 additional exclusive ProTips about HURN, visit InvestingPro.
In other recent news, Huron, a global professional services firm, has been active in its strategic personnel decisions and business acquisitions. Huron recently announced the promotion of 22 individuals to senior leadership roles, including managing director, operating managing director, and principal positions. This move is aimed at enhancing service delivery and supporting growth. In addition, Hope Katz has been elevated to the role of executive vice president, general counsel, and corporate secretary, effective January 1, 2025.
Simultaneously, Huron has appointed Hugh E. Sawyer as its independent, non-executive chairman, starting January 1, 2025. This appointment is part of Huron’s ongoing board refresh process to maintain a diverse and skilled board.
In a significant business move, Huron has acquired 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. Furthermore, it broadens Huron’s technology portfolio with advanced Microsoft (NASDAQ:MSFT) capabilities.
These recent developments highlight Huron’s commitment to leadership development, strategic growth, and service enhancement.
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