Laureate Education (NASDAQ:LAUR – Get Free Report) Director Ian Snow sold 427,019 shares of Laureate Education stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $36.26, for a total transaction of $15,483,708.94. Following the completion of the sale, the director directly owned 1,646,324 shares in the company, valued at $59,695,708.24. This represents a 20.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Ian Kendell Snow also recently made the following trade(s):
- On Tuesday, September 1st, Ian Snow sold 2,654 shares of Laureate Education stock. The stock was sold at an average price of $38.11, for a total transaction of $101,143.94.
- On Monday, August 31st, Ian Snow sold 91,556 shares of Laureate Education stock. The shares were sold at an average price of $38.43, for a total transaction of $3,518,497.08.
Laureate Education Stock Performance
LAUR opened at $35.95 on Friday. The firm’s fifty day simple moving average is $37.79 and its two-hundred day simple moving average is $35.17. Laureate Education has a 52-week low of $24.98 and a 52-week high of $40.92. The company has a market cap of $4.95 billion, a price-to-earnings ratio of 16.12, a PEG ratio of 1.14 and a beta of 0.38. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.14.
Analysts Set New Price Targets
A number of equities analysts have commented on LAUR shares. Barrington Research started coverage on Laureate Education in a report on Thursday, July 23rd. They set an “outperform” rating and a $45.00 target price for the company. Weiss Ratings cut Laureate Education from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Thursday, August 27th. Morgan Stanley downgraded Laureate Education from an “equal weight” rating to an “underweight” rating and set a $34.50 price objective for the company. in a research note on Monday, July 27th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $41.00 price objective on shares of Laureate Education in a report on Monday, August 3rd. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $40.50.
Read Our Latest Analysis on Laureate Education
Institutional Trading of Laureate Education
A number of hedge funds have recently bought and sold shares of LAUR. Envestnet Asset Management Inc. lifted its stake in Laureate Education by 3.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 14,053 shares of the company’s stock worth $443,000 after purchasing an additional 455 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Laureate Education by 109.0% in the fourth quarter. Allworth Financial LP now owns 1,097 shares of the company’s stock valued at $37,000 after purchasing an additional 572 shares during the last quarter. Entropy Technologies LP increased its holdings in shares of Laureate Education by 2.3% in the first quarter. Entropy Technologies LP now owns 25,418 shares of the company’s stock valued at $886,000 after purchasing an additional 576 shares during the last quarter. California State Teachers Retirement System lifted its position in Laureate Education by 0.5% during the second quarter. California State Teachers Retirement System now owns 126,399 shares of the company’s stock worth $2,955,000 after buying an additional 658 shares in the last quarter. Finally, Van ECK Associates Corp lifted its position in Laureate Education by 26.2% during the third quarter. Van ECK Associates Corp now owns 3,617 shares of the company’s stock worth $114,000 after buying an additional 751 shares in the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.
Laureate Education Company Profile
Laureate Education, Inc (NASDAQ: LAUR) is a leading global network of higher education institutions dedicated to providing undergraduate, graduate and certificate programs to a diverse student body. The company designs and delivers academic offerings through a combination of campus-based and online platforms, focusing on fields such as business, health sciences, engineering, education and hospitality management. By aligning its curriculum with regional workforce needs, Laureate aims to equip students with practical skills and industry insights that support career advancement and lifelong learning.
Through its network, Laureate operates a broad portfolio of universities and colleges, including both longstanding campus institutions and digitally native programs.
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