Laureate Education, Inc. (NASDAQ:LAUR) Director Corro Pedro Del Sells 25,000 Shares

Laureate Education, Inc. (NASDAQ:LAURGet Free Report) Director Corro Pedro Del sold 25,000 shares of Laureate Education stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $19.58, for a total value of $489,500.00. Following the transaction, the director now directly owns 29,686 shares in the company, valued at approximately $581,251.88. This trade represents a 45.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Laureate Education Stock Performance

Shares of NASDAQ:LAUR traded down $0.20 during trading on Wednesday, reaching $18.93. The company had a trading volume of 561,261 shares, compared to its average volume of 733,227. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a market capitalization of $2.85 billion, a price-to-earnings ratio of 12.11 and a beta of 0.82. The stock’s fifty day moving average price is $16.90 and its 200 day moving average price is $15.73. Laureate Education, Inc. has a fifty-two week low of $12.45 and a fifty-two week high of $19.98.

Laureate Education (NASDAQ:LAURGet Free Report) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.16 by $0.40. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. The business had revenue of $368.60 million during the quarter, compared to analysts’ expectations of $361.80 million. During the same period last year, the firm earned $0.23 EPS. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. As a group, equities research analysts predict that Laureate Education, Inc. will post 1.42 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in LAUR. Vanguard Group Inc. grew its holdings in Laureate Education by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 14,231,273 shares of the company’s stock valued at $207,350,000 after buying an additional 136,865 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Laureate Education by 81.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 156,438 shares of the company’s stock worth $2,280,000 after buying an additional 70,121 shares during the period. Swedbank AB purchased a new stake in Laureate Education during the first quarter valued at about $11,241,000. Harbor Capital Advisors Inc. increased its position in Laureate Education by 207.4% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 824,985 shares of the company’s stock worth $13,703,000 after purchasing an additional 556,573 shares in the last quarter. Finally, Renaissance Technologies LLC increased its position in shares of Laureate Education by 56.7% in the second quarter. Renaissance Technologies LLC now owns 330,400 shares of the company’s stock worth $4,936,000 after acquiring an additional 119,600 shares in the last quarter. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Analysts Set New Price Targets

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

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Laureate Education Company Profile

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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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