Strayer Education Inc (NASDAQ:STRA) CAO Thomas J. Aprahamian sold 2,964 shares of the stock in a transaction on Monday, March 5th. The stock was sold at an average price of $91.11, for a total transaction of $270,050.04. Following the sale, the chief accounting officer now owns 13,980 shares of the company’s stock, valued at $1,273,717.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Strayer Education Inc (NASDAQ:STRA) opened at $101.57 on Friday. The company has a market cap of $1,121.26, a price-to-earnings ratio of 30.44 and a beta of 0.92. Strayer Education Inc has a twelve month low of $75.84 and a twelve month high of $102.26.
Strayer Education (NASDAQ:STRA) last posted its quarterly earnings results on Thursday, March 1st. The health services provider reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.20). The company had revenue of $118.70 million during the quarter, compared to analyst estimates of $121.50 million. Strayer Education had a return on equity of 17.75% and a net margin of 4.53%. The company’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.07 earnings per share. equities research analysts forecast that Strayer Education Inc will post 4.03 EPS for the current fiscal year.
A number of large investors have recently bought and sold shares of STRA. Voya Investment Management LLC grew its holdings in Strayer Education by 12.3% in the second quarter. Voya Investment Management LLC now owns 5,070 shares of the health services provider’s stock worth $473,000 after purchasing an additional 554 shares during the period. Stifel Financial Corp bought a new position in shares of Strayer Education in the second quarter valued at $202,000. State Street Corp lifted its stake in shares of Strayer Education by 4.3% in the second quarter. State Street Corp now owns 256,274 shares of the health services provider’s stock valued at $23,892,000 after buying an additional 10,450 shares in the last quarter. Crossmark Global Holdings Inc. bought a new position in shares of Strayer Education in the third quarter valued at $203,000. Finally, Prudential Financial Inc. lifted its stake in shares of Strayer Education by 6.2% in the third quarter. Prudential Financial Inc. now owns 19,135 shares of the health services provider’s stock valued at $1,670,000 after buying an additional 1,120 shares in the last quarter. Institutional investors and hedge funds own 96.18% of the company’s stock.
Several equities research analysts have recently weighed in on STRA shares. Zacks Investment Research cut shares of Strayer Education from a “buy” rating to a “hold” rating in a research report on Tuesday, January 30th. BMO Capital Markets reduced their price target on shares of Strayer Education from $112.00 to $95.00 and set an “outperform” rating for the company in a report on Monday, March 5th. BidaskClub cut shares of Strayer Education from a “buy” rating to a “hold” rating in a report on Tuesday, December 5th. First Analysis upgraded shares of Strayer Education from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $105.00 to $112.00 in a report on Sunday, March 4th. Finally, ValuEngine upgraded shares of Strayer Education from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Strayer Education currently has a consensus rating of “Buy” and an average price target of $100.75.
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Strayer Education Company Profile
Strayer Education, Inc is an education services holding company. The Company provides post-secondary education and other academic programs, through its subsidiaries, Strayer University (the University) and New York Code and Design Academy (NYCDA). As of December 31, 2016, the University offered undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration and criminal justice at 74 physical campuses located in the Mid-Atlantic and Southern regions of the United States, and online.
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