Ronald Dail, COO of Huron Consulting Group (NASDAQ:HURN), sold 7,991 shares in open-market transactions worth ~$1.4 million. This represents 20.5% of his direct holdings. The weighted average price per share was $169.56. The company’s revenue rose 16.8% to $432.4 million, with EPS growing over 16% to $0.24. Huron Consulting Group expects revenue of $1.65 billion to $1.67 billion for the year, reflecting 11.4% annual growth. Dail’s sales were part of a 10b5-1 plan and do not reflect his outlook on the company. The stock reacted positively to third-quarter earnings.

Huron Consulting Group is a professional services company focused on consulting in healthcare, education, and business sectors. They provide advisory and managed services for operational efficiency and transformation initiatives. The company’s revenue for the year is projected to be between $1.65 billion and $1.67 billion, with an 11.4% annual growth rate. Ronald Dail’s recent stock sales, while significant, were part of a predetermined plan and do not indicate his view on the company’s future. The company’s revenue and EPS have shown positive growth.

Read more at Nasdaq: Huron Consulting Group’s Chief Operating Officer Sells 7,991 Shares for $1.4M