“In August, there was a significant decrease in the number of short positions placed on Huron Consulting Group Inc. (NASDAQ: HURN). Therefore, there were 380,300 shares available for short sale as of August 31. This figure represents a drop of 10.1% from the quantity of 423,000 shares that were available for short sale on August 15. market now welcomes the sale of 1.9% of the company’s total shares. Given the average number of stocks that change hands in a single trading day, 151,400, the day-to-cover ratio is currently 2.5 days.
Recently, several large investors have changed their positions in the company in response to recent events. Lazard Asset Management LLC spent approximately $68,000 securing a new investment in Huron Consulting Group in the first three months of the year. During the second quarter, US Bancorp DE increased the share of Huron Consulting Group, controlled to 236.1%. Following the acquisition of 791 additional shares in the previous quarter, US Bancorp DE now owns a total of 1,126 shares, each worth $74,000. The total value of US Bancorp DE stock holdings is $74,000. Simplex Trading LLC increased the share of Huron Consulting Group, held at 137.7% over the first three months of the year. Simplex Trading LLC now owns a total of 1,678 shares of the business services provider after buying an additional 6,125 shares in the last quarter.
These shares are currently selling at the market price of $76,000. During the first three months of the year, Russell Investments Group Ltd. made a new investment of approximately $82,000 in Huron Consulting Group. In addition, approximately $95,000 was invested by IMA Wealth Inc. during the fourth quarter to acquire a new stake in Huron Consulting Group. A total of 93.74% of the company’s shares are held by institutional investors such as hedge funds and other financial organizations. On August 17, H. Eugene Lockhart, director of the company, sold 3,000 shares of the company. The transaction took place that day. This is yet another turn of events. The value of the stock trade was $202,800.00, or $67.60 for each share bought or sold. Following the successful completion of the transaction, the director now owns 36,907 business shares, with a total value of approximately $2,494,913.20.
Users of this website have the opportunity to review the filing submitted to the Securities and Exchange Commission in which the transaction was disclosed to the public. According to reports from other sources, on August 4, insider Kyle Featherstone sold 448 shares of the company. This information was obtained from reports from other sources. There was a total sale of $30,159.36 worth of shares and the price received per share, which was the average sale price, was $67.32. A company insider now owns 2,172 shares, which have a combined market value of approximately $146,219.04. The Securities and Exchange Commission (SEC) has maintained a legal file accessible online containing information relevant to the transaction. This information can be consulted by any interested person. On top of that, H. Eugene Lockhart, a director of the company, sold 3,000 shares of the company on Wednesday, August 17.
The value of the stock trade was $202,800.00, or $67.60 for each share bought or sold. Following the completion of the acquisition, the director now owns a total of 36,907 shares of the company, each of which is worth approximately $2,494,913.20 at present. Disclosures related to the sale can be found in this section of the website. Business insiders have sold 3,730 shares of the company at a total price of $251,202 over the past three and a half months. Persons employed by the company hold a total of 2.02% of the company’s shares. NASDAQ: HURN was first available for trading on Monday with an opening price of $65.35. The company’s moving average over the past 50 days is $66.55, while the company’s moving average over the past 200 days is $58.78. Huron Consulting Group recorded a 1-year low of $42.66 and a 1-year high of $72.67 in the stock price during the same period. The stock has a price/earnings ratio of 16.26 and its beta value is 0.58.
The stock value is 0.58. The market value of the company’s shares is approximately $1.36 billion. There is a ratio of 0.59 debt to equity, a ratio of 1.92 between the quick and current ratios and a ratio of 1.92 between the current and quick ratios. Huron Consulting Group (NASDAQ: HURN) released its latest quarterly earnings report on Thursday, July 28. This report has been made public. The business professional services firm reported earnings per share of $0.83 for the quarter, $0.03 above the consensus expectation of $0.80 per share. The company’s main market is the business market. Huron Consulting Group’s excellent return on equity (10.92%) and strong net margin (8.27%) show that the company has done quite well.
The company’s sales results for the quarter were $273.33 million, well above industry analysts’ forecast of $253.19 million for the company’s sales for the quarter. The previous year, during the same period, the company had generated a profit of $0.69 per share. The revenues generated during the last quarter were 18.8% higher than those of the same period of the previous year. Industry analysts expect Huron Consulting Group to earn $3.28 per share in the current fiscal year.
Barrington Research released a report Monday, August 8, in which they rated shares of Huron Consulting Group as “outperforming” and raised their price target on the company’s shares from $75 to $80.00. This news came as part of a separate disclosure indicating that the company’s price target had been raised. “