Huron consulting director John McCartney sells $62,325 in inventory

John McCartney, a director at Huron Consulting Group Inc. (NASDAQ:HURN), a $2 billion market cap consulting agency with a GREAT monetary well being ranking in keeping with InvestingPro, has not too long ago offered 500 shares of the corporate’s widespread inventory, in keeping with a submitting with the Securities and Change Fee. The shares have been offered at a value of $124.65 every, totaling $62,325. Following the transaction, McCartney holds 56,688 shares of the corporate. The sale was performed mechanically as a part of a pre-arranged buying and selling plan established on August 15, 2024. Whereas this insider sale occurred, InvestingPro knowledge exhibits administration has been actively shopping for again shares, and the inventory has gained over 27% up to now six months. Analysts keep a Robust Purchase consensus with value targets reaching $142. Get entry to eight extra key ProTips and complete evaluation within the Professional Analysis Report.

In different latest information, Huron reported a 3% enhance in Q3 2024 income and a 21% rise in adjusted earnings per share year-over-year. Moreover, the corporate has narrowed its full-year income steerage to $1.47 billion to $1.49 billion and raised the adjusted diluted EPS forecast to $6.00 to $6.20. Alongside these monetary updates, Huron introduced the strategic acquisition of AXIA Consulting to boost its provide chain companies and the promotion of Hope Katz to govt VP and basic counsel. Huron additionally revealed the appointment of Hugh E. Sawyer as its unbiased, non-executive chairman, efficient January 1, 2025. These latest developments underline Huron’s dedication to development and management improvement inside its ranks.

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