Insider Trading April 6, 2026

Huron Director Debra Zumwalt Disposes $21,578 in Shares Via Pre-Arranged Plan

Director sale occurs amid solid fourth-quarter results and continued guidance uncertainty for 2026

By Sofia Navarro HURN
Huron Director Debra Zumwalt Disposes $21,578 in Shares Via Pre-Arranged Plan
HURN

Debra Zumwalt, a director at Huron Consulting Group Inc (HURN), sold 170 shares on April 2, 2026, under a Rule 10b5-1 plan. The transaction totaled $21,578. The company recently reported better-than-expected fourth-quarter results, but management left a wide guidance range for 2026 amid questions about how artificial intelligence may affect the business.

Key Points

  • Director Debra Zumwalt sold 170 Huron shares on April 2, 2026, for $126.93 per share, totaling $21,578.
  • The sale was executed automatically under a Rule 10b5-1 trading plan adopted May 16, 2025; Zumwalt now directly owns 26,299 shares.
  • Huron reported Q4 adjusted EPS of $2.17 versus an estimate of $1.95 and revenue before reimbursable expenses of $432.3 million, up 11.3% year-over-year; Benchmark reaffirmed a Buy rating with a $215 target.

Debra Zumwalt, a member of the board at Huron Consulting Group Inc (NASDAQ: HURN), executed a sale of 170 common shares on April 2, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares were disposed at $126.93 per share, producing a total transaction value of $21,578.

Following the sale, Zumwalt retains direct ownership of 26,299 Huron shares. The filing indicates the trade was processed automatically through a pre-arranged Rule 10b5-1 trading plan that Zumwalt adopted on May 16, 2025.

At the time of reporting, Huron’s stock traded at $130.67. The share price is down 25% year-to-date and off about 13% over the past six months.

Huron’s recent quarterly results offered a brighter operational picture. For the fourth quarter, the company reported adjusted earnings per share of $2.17, beating the consensus estimate of $1.95. Revenue before reimbursable expenses rose 11.3% to $432.3 million, up from $388.4 million in the same period the prior year. Management attributed the increase to stronger performance in the healthcare and commercial segments.

Despite the better-than-expected quarterly results, the company’s 2026 guidance range was notably wide. Management cited uncertainty tied to the potential impact of artificial intelligence on the business as a contributing factor to that variability.

On the analyst front, Benchmark maintained a Buy rating on Huron and left its price target at $215.00. The firm updated its 2026 model and introduced a 2027 outlook, noting that Huron’s revenue growth algorithm required only modest adjustments. Benchmark pointed to expected high single-digit organic revenue growth and projected annual EBITDA margin expansion of roughly 50 basis points.


The transaction by Zumwalt and the company’s recent financial disclosures present multiple data points for investors assessing Huron’s trajectory. The insider sale was carried out under an existing trading plan, the quarter beat consensus expectations, and analysts have reiterated constructive views while flagging uncertainty in forward guidance.

Risks

  • Wide guidance range for 2026 introduces uncertainty for investors evaluating near-term performance and planning - impacts consulting and corporate budgeting decisions.
  • Potential impact of artificial intelligence on Huron’s business model was cited by management as a source of variability in forward guidance - affects strategy and revenue forecasting in consulting and technology-adjacent services.
  • Share price weakness year-to-date and over the past six months may reflect market reservations and could influence investor sentiment toward the consulting sector.

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