Lisanti Capital Growth LLC Increases Stock Position in Grand Canyon Education, Inc. $LOPE

Lisanti Capital Growth LLC lifted its position in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 57.7% during the second quarter, Holdings Channel reports. The institutional investor owned 12,160 shares of the company’s stock after buying an additional 4,450 shares during the quarter. Lisanti Capital Growth LLC’s holdings in Grand Canyon Education were worth $2,298,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. SVB Wealth LLC acquired a new position in shares of Grand Canyon Education in the 1st quarter valued at about $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Grand Canyon Education in the first quarter valued at about $35,000. WPG Advisers LLC acquired a new position in shares of Grand Canyon Education during the 1st quarter worth about $44,000. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in Grand Canyon Education by 58.2% in the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 261 shares of the company’s stock worth $45,000 after buying an additional 96 shares during the last quarter. Finally, IFP Advisors Inc increased its stake in Grand Canyon Education by 2,172.7% during the 2nd quarter. IFP Advisors Inc now owns 250 shares of the company’s stock worth $47,000 after buying an additional 239 shares in the last quarter. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on LOPE. Wall Street Zen cut shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reissued a “buy (b)” rating on shares of Grand Canyon Education in a research report on Wednesday. Zacks Research lowered Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Barrington Research reiterated an “outperform” rating and issued a $230.00 price target on shares of Grand Canyon Education in a research note on Tuesday, October 21st. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $220.00.

Grand Canyon Education Stock Down 0.6%

NASDAQ LOPE opened at $166.10 on Friday. The firm has a 50-day moving average price of $207.04 and a 200 day moving average price of $193.80. Grand Canyon Education, Inc. has a 52-week low of $153.82 and a 52-week high of $223.04. The stock has a market capitalization of $4.67 billion, a P/E ratio of 20.11, a P/E/G ratio of 1.50 and a beta of 0.74.

Grand Canyon Education (NASDAQ:LOPE) last issued its earnings results on Wednesday, November 5th. The company reported $1.78 EPS for the quarter, hitting the consensus estimate of $1.78. The company had revenue of $261.14 million for the quarter, compared to analyst estimates of $259.97 million. Grand Canyon Education had a net margin of 22.15% and a return on equity of 31.50%. The business’s revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.48 EPS. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS. Q4 2025 guidance at 3.130-3.240 EPS. On average, equities research analysts expect that Grand Canyon Education, Inc. will post 8.81 earnings per share for the current fiscal year.

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.