Director H Lockhart Sells Shares of Huron Consulting Group Inc (HURN)

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Nov 05, 2024
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On November 1, 2024, H Lockhart, Director at Huron Consulting Group Inc (HURN, Financial), sold 1,042 shares of the company. The transaction was executed at a price of $115.82 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 27,798 shares of Huron Consulting Group Inc.

Huron Consulting Group Inc specializes in providing consulting services in healthcare, education, and financial industries, among others. The company assists clients in improving performance, complying with complex regulations, reducing costs, leveraging technology, and stimulating growth.

Over the past year, the insider has sold a total of 7,268 shares and has not made any purchases. This recent transaction is part of a broader trend observed within the company, where there have been 43 insider sells and no insider buys over the past year.

The shares of Huron Consulting Group Inc were trading at $115.82 on the day of the transaction, giving the company a market cap of approximately $2.12 billion. The price-earnings ratio of the company stands at 26.02, which is above both the industry median of 18.09 and the company's historical median.

According to the GF Value, the intrinsic value of Huron Consulting Group Inc is estimated at $109.96 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.05.

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This valuation is based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor which considers past returns and growth, and future business performance estimates from Morningstar analysts.

The insider's recent sale aligns with the overall selling trend among other insiders at Huron Consulting Group Inc, suggesting a consistent pattern in insider trading activities.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.