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

Laureate Education, Inc. (NASDAQ:LAUR) Director Corro Pedro Del sold 25,000 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $19.58, for a total transaction of $489,500.00. Following the completion of the sale, the director now owns 29,686 shares of the company’s stock, valued at $581,251.88. The trade was a 45.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Laureate Education Price Performance

Shares of Laureate Education stock opened at $18.93 on Thursday. The firm has a market cap of $2.85 billion, a P/E ratio of 11.98 and a beta of 0.82. The firm’s 50-day simple moving average is $16.94 and its 200-day simple moving average is $15.75. Laureate Education, Inc. has a twelve month low of $12.45 and a twelve month high of $19.98. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63.

Laureate Education (NASDAQ:LAUR) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.40. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. The company had revenue of $368.60 million for the quarter, compared to the consensus estimate of $361.80 million. During the same period in the previous year, the business earned $0.23 earnings per share. The company’s quarterly revenue was up 2.0% on a year-over-year basis. As a group, research analysts expect that Laureate Education, Inc. will post 1.42 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, BMO Capital Markets increased their price target 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.

Institutional Trading of Laureate Education

A number of large investors have recently bought and sold shares of the stock. Geode Capital Management LLC lifted its holdings 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 valued at $52,918,000 after acquiring an additional 10,447 shares during the period. Barclays PLC increased its position in shares of Laureate Education by 298.8% during the 3rd quarter. Barclays PLC now owns 230,098 shares of the company’s stock worth $3,823,000 after purchasing an additional 172,405 shares in the last quarter. XTX Topco Ltd bought a new position in Laureate Education during the 3rd quarter valued at about $296,000. State Street Corp boosted its position in Laureate Education by 2.2% in the third quarter. State Street Corp now owns 3,116,661 shares of the company’s stock valued at $51,768,000 after buying an additional 68,122 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC acquired a new position in Laureate Education in the third quarter valued at about $6,757,000. 96.27% of the stock is currently owned by institutional investors.

About Laureate Education

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.