Laureate Education, Inc. (NASDAQ:LAUR - Get Free Report) Director Ian Kendell Snow sold 2,114,928 shares of the firm's stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $14.64, for a total value of $30,962,545.92. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Laureate Education Stock Up 3.3 %
LAUR stock opened at $16.32 on Thursday. The stock has a market capitalization of $2.57 billion, a PE ratio of 22.05 and a beta of 0.74. The company has a fifty day moving average of $14.27 and a 200-day moving average of $13.63. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.55 and a current ratio of 0.55. Laureate Education, Inc. has a one year low of $11.34 and a one year high of $16.36.
Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.12). Laureate Education had a net margin of 8.19% and a return on equity of 13.98%. The business had revenue of $275.40 million during the quarter, compared to analyst estimates of $269.35 million. During the same period in the prior year, the business earned ($0.17) earnings per share. The firm's quarterly revenue was up 9.6% compared to the same quarter last year. As a group, analysts expect that Laureate Education, Inc. will post 1.29 EPS for the current year.
Institutional Investors Weigh In On Laureate Education
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Several institutional investors have recently modified their holdings of the company. Asset Management One Co. Ltd. purchased a new position in Laureate Education during the 4th quarter valued at about $980,000. Vanguard Group Inc. raised its position in shares of Laureate Education by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 13,986,149 shares of the company's stock worth $197,205,000 after purchasing an additional 187,400 shares during the last quarter. Nordea Investment Management AB purchased a new stake in Laureate Education in the 4th quarter valued at approximately $390,000. Daiwa Securities Group Inc. increased its position in Laureate Education by 3.8% during the third quarter. Daiwa Securities Group Inc. now owns 87,502 shares of the company's stock worth $1,234,000 after buying an additional 3,198 shares in the last quarter. Finally, SummerHaven Investment Management LLC raised its holdings in shares of Laureate Education by 1.4% in the fourth quarter. SummerHaven Investment Management LLC now owns 60,070 shares of the company's stock worth $824,000 after acquiring an additional 814 shares during the last quarter. Hedge funds and other institutional investors own 96.27% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, TheStreet upgraded Laureate Education from a "c+" rating to a "b" rating in a research note on Monday, February 26th.
Read Our Latest Stock Analysis on LAUR
About Laureate Education
(
Get Free Report)
Laureate Education, Inc, together with its subsidiaries, offers higher education programs and services to students through a network of universities and higher education institutions. The company provides a range of undergraduate and graduate degree programs in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs.
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