This recent activity is part of Roth's ongoing portfolio management, as he continues to adjust his holdings in the consulting firm.
The shares were sold at prices ranging from $123.61 to $124.11, amounting to a total transaction value of $247,394. Following these sales, Roth holds 52,825 shares directly and an additional 3,855 shares indirectly through a family LLC. For deeper insights into HURN's valuation and 8 additional key investment tips, access the comprehensive Pro Research Report available on InvestingPro.
This recent activity is part of Roth's ongoing portfolio management, as he continues to adjust his holdings in the consulting firm.
In other recent news, Huron Consulting (NASDAQ:HURN) Group reported a 3% increase in its third-quarter 2024 revenue compared to the same period in 2023, and a 21% rise in adjusted earnings per share year-over-year. The company also announced the acquisition of AXIA Consulting, a move that aims to enhance Huron's supply chain capabilities and expand its Oracle (NYSE:ORCL) supply chain management offerings. The acquisition is also expected to broaden Huron's technology portfolio with advanced Microsoft (NASDAQ:MSFT) capabilities.
Despite project work delays shifting revenue from Q3 to Q4, Huron remains optimistic about its growth trajectory, particularly in its Commercial and Healthcare segments. Full-year revenue before reimbursable expenses guidance was narrowed to $1.47 billion to $1.49 billion, and the adjusted diluted EPS forecast was raised to $6.00 to $6.20.
The company anticipates mid-teens EBITDA margins in 2025, driven by utilization improvements and favorable demand. However, project delays shifted approximately $5 million to $10 million in expected deals from Q3 to Q4. These are among the recent developments for Huron Consulting Group, which continues to focus on future growth and resilience in a dynamic market.
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