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

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

Laureate Education Trading Down 1.0 %

Shares of LAUR opened at $18.93 on Thursday. The stock’s fifty day simple moving average is $16.94 and its 200-day simple moving average is $15.75. The firm has a market capitalization of $2.85 billion, a PE ratio of 11.98 and a beta of 0.82. Laureate Education, Inc. has a 12-month low of $12.45 and a 12-month high of $19.98. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15.

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

Institutional Investors Weigh In On Laureate Education

Large investors have recently modified their holdings of the business. nVerses Capital LLC bought a new position in Laureate Education in the second quarter valued at approximately $25,000. Van ECK Associates Corp grew its stake in shares of Laureate Education by 51.0% during the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock worth $36,000 after acquiring an additional 763 shares in the last quarter. Quarry LP acquired a new position in Laureate Education during the second quarter worth $50,000. KBC Group NV grew its position in Laureate Education by 62.3% in the third quarter. KBC Group NV now owns 4,075 shares of the company’s stock valued at $68,000 after purchasing an additional 1,564 shares in the last quarter. Finally, New York State Teachers Retirement System acquired a new stake in Laureate Education in the 3rd quarter valued at $95,000. 96.27% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

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.