Laureate Education, Inc. (NASDAQ:LAUR) Director Sells $489,500.00 in Stock

Laureate Education, Inc. (NASDAQ:LAUR) Director Corro Pedro Del sold 25,000 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $19.58, for a total transaction of $489,500.00. Following the completion of the transaction, the director now directly owns 29,686 shares in the company, valued at $581,251.88. The trade was a 45.72 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Laureate Education Price Performance

LAUR stock opened at $18.93 on Friday. The business’s fifty day moving average price is $16.98 and its 200 day moving average price is $15.77. Laureate Education, Inc. has a 12-month low of $12.45 and a 12-month high of $19.98. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $2.85 billion, a PE ratio of 11.98 and a beta of 0.82.

Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.40. Laureate Education had a net margin of 15.76% and a return on equity of 27.13%. The company had revenue of $368.60 million for the quarter, compared to analyst estimates of $361.80 million. During the same period in the prior year, the firm earned $0.23 earnings per share. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Laureate Education, Inc. will post 1.42 EPS for the current year.

Hedge Funds Weigh In On Laureate Education

Institutional investors have recently modified their holdings of the business. nVerses Capital LLC acquired a new stake in shares of Laureate Education in the second quarter valued at $25,000. Van ECK Associates Corp raised its position in Laureate Education by 51.0% in the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock valued at $36,000 after purchasing an additional 763 shares in the last quarter. Quarry LP acquired a new stake in Laureate Education in the 2nd quarter valued at about $50,000. KBC Group NV boosted its stake in shares of Laureate Education by 62.3% in the 3rd quarter. KBC Group NV now owns 4,075 shares of the company’s stock valued at $68,000 after buying an additional 1,564 shares during the period. Finally, New York State Teachers Retirement System acquired a new position in shares of Laureate Education during the third quarter worth about $95,000. Institutional investors and hedge funds own 96.27% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets upped their price objective on shares of Laureate Education from $17.00 to $20.00 and gave the stock an “outperform” rating in a report on Friday, November 1st.

Laureate Education Company Profile

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.