Entropy Technologies LP Acquires 400 Shares of Grand Canyon Education, Inc. (NASDAQ:LOPE)

Entropy Technologies LP boosted its stake in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) by 13.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,421 shares of the company’s stock after acquiring an additional 400 shares during the quarter. Entropy Technologies LP’s holdings in Grand Canyon Education were worth $560,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Grand Canyon Education during the fourth quarter valued at approximately $27,000. Reston Wealth Management LLC acquired a new position in Grand Canyon Education during the 3rd quarter worth $28,000. True Wealth Design LLC bought a new position in Grand Canyon Education in the 3rd quarter valued at $31,000. Financial Life Planners acquired a new stake in shares of Grand Canyon Education in the 4th quarter valued at $37,000. Finally, Versant Capital Management Inc raised its position in shares of Grand Canyon Education by 66.0% during the fourth quarter. Versant Capital Management Inc now owns 420 shares of the company’s stock worth $69,000 after acquiring an additional 167 shares during the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Barrington Research reiterated an “outperform” rating and issued a $180.00 price objective on shares of Grand Canyon Education in a research report on Monday, January 27th. StockNews.com cut shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. Robert W. Baird increased their price objective on shares of Grand Canyon Education from $170.00 to $186.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Finally, BMO Capital Markets lifted their target price on shares of Grand Canyon Education from $152.00 to $173.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th.

Grand Canyon Education Trading Up 0.1 %

Grand Canyon Education stock opened at $182.00 on Wednesday. The firm has a market capitalization of $5.31 billion, a P/E ratio of 23.92, a PEG ratio of 1.37 and a beta of 0.74. The business has a 50-day moving average of $168.27 and a 200-day moving average of $153.73. Grand Canyon Education, Inc. has a 1 year low of $118.48 and a 1 year high of $183.79.

Insider Activity at Grand Canyon Education

In other Grand Canyon Education news, CTO Dilek Marsh sold 1,500 shares of Grand Canyon Education stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $166.07, for a total transaction of $249,105.00. Following the transaction, the chief technology officer now directly owns 21,174 shares in the company, valued at approximately $3,516,366.18. The trade was a 6.62 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.00% of the company’s stock.

Grand Canyon Education Profile

Grand Canyon Education, Inc provides education services to colleges and universities in the United States. It offers technology services, including learning management system, internal administration, infrastructure, and support services; academic services, such as program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support services comprising admission, financial aid, and field experience and other counseling services.