Laureate Education, Inc. (NASDAQ:LAUR) VP Sells $24,087.50 in Stock

Laureate Education, Inc. (NASDAQ:LAUR) VP Gerard M. Knauer sold 1,250 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $19.27, for a total transaction of $24,087.50. Following the completion of the transaction, the vice president now owns 20,576 shares of the company’s stock, valued at $396,499.52. This trade represents a 5.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Laureate Education Trading Up 0.4 %

Shares of LAUR opened at $19.93 on Friday. The firm’s 50 day simple moving average is $19.03 and its 200 day simple moving average is $17.58. The company has a market capitalization of $3.00 billion, a P/E ratio of 10.27 and a beta of 0.84. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. Laureate Education, Inc. has a 1-year low of $13.26 and a 1-year high of $21.73.

Laureate Education (NASDAQ:LAUR) last announced its earnings results on Thursday, February 20th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.20. The business had revenue of $423.40 million for the quarter, compared to the consensus estimate of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. Sell-side analysts forecast that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, BMO Capital Markets raised their price objective on shares of Laureate Education from $21.00 to $23.00 and gave the company an “outperform” rating in a research report on Monday, February 24th.

Institutional Investors Weigh In On Laureate Education

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its stake in Laureate Education by 1.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,090,486 shares of the company’s stock valued at $129,683,000 after purchasing an additional 87,267 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Laureate Education by 0.3% during the third quarter. Geode Capital Management LLC now owns 3,185,347 shares of the company’s stock worth $52,918,000 after acquiring an additional 10,447 shares in the last quarter. State Street Corp raised its stake in shares of Laureate Education by 2.2% during the third quarter. State Street Corp now owns 3,116,661 shares of the company’s stock worth $51,768,000 after acquiring an additional 68,122 shares in the last quarter. Boston Partners raised its stake in shares of Laureate Education by 5.3% during the fourth quarter. Boston Partners now owns 2,584,925 shares of the company’s stock worth $47,497,000 after acquiring an additional 130,172 shares in the last quarter. Finally, Swedbank AB raised its stake in shares of Laureate Education by 225.8% during the third quarter. Swedbank AB now owns 2,513,300 shares of the company’s stock worth $41,746,000 after acquiring an additional 1,741,800 shares in the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

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.