Huron Consulting Group Inc (NASDAQ:HURN), a global professional services firm committed to assisting clients in driving growth, enhancing performance, and sustaining leadership in the markets they compete in, has reported an insider sell transaction. According to a recent SEC filing, CEO and President C. Hussey sold 4,000 shares of the company on February 12, 2024.
Over the past year, the insider has engaged in multiple transactions, selling a total of 12,000 shares and purchasing 2,000 shares of Huron Consulting Group Inc. The recent sell transaction involved shares traded at a price of $104.48, valuing the insider's sell at approximately $417,920. Following this transaction, Huron Consulting Group Inc holds a market capitalization of $1.953 billion.
The company's price-earnings ratio stands at 26.72, surpassing the industry median of 17.9 and the company’s historical median price-earnings ratio. This indicates a higher valuation compared to its peers and its own historical performance.
Considering the stock's current price and the GuruFocus Value of $96.75, Huron Consulting Group Inc has a price-to-GF-Value ratio of 1.08, categorizing it as Fairly Valued according to GuruFocus metrics.
The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
Reviewing the insider transaction history for Huron Consulting Group Inc reveals a pattern of insider activity, with 2 insider buys and 27 insider sells over the past year.
Investors and stakeholders often monitor insider transactions as they can provide insights into the company's performance and insider perspectives on the stock's value. The recent sell by CEO C. Hussey is part of a broader trend of insider sells at Huron Consulting Group Inc, which may be of interest to current and potential investors.
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.
