Gerard M. Knauer Sells 1,250 Shares of Laureate Education, Inc. (NASDAQ:LAUR) Stock

Laureate Education, Inc. (NASDAQ:LAUR) VP Gerard M. Knauer sold 1,250 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $19.27, for a total value of $24,087.50. Following the completion of the transaction, the vice president now directly owns 20,576 shares of the company’s stock, valued at approximately $396,499.52. This trade represents a 5.73 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Laureate Education Trading Up 0.8 %

Shares of LAUR stock opened at $19.86 on Friday. The firm has a fifty day moving average of $19.00 and a 200-day moving average of $17.53. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 10.24 and a beta of 0.84. Laureate Education, Inc. has a 52-week low of $13.13 and a 52-week high of $21.73. 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 posted its earnings results on Thursday, February 20th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.20. The business had revenue of $423.40 million for the quarter, compared to analysts’ expectations of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. On average, equities research analysts forecast that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets boosted their price objective on Laureate Education from $21.00 to $23.00 and gave the company an “outperform” rating in a research report on Monday.

Hedge Funds Weigh In On Laureate Education

Hedge funds have recently modified their holdings of the stock. Mariner LLC boosted its stake in Laureate Education by 3.3% in the 4th quarter. Mariner LLC now owns 16,933 shares of the company’s stock valued at $310,000 after buying an additional 541 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Laureate Education by 10.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company’s stock valued at $128,000 after acquiring an additional 673 shares during the period. Nisa Investment Advisors LLC lifted its holdings in shares of Laureate Education by 3.2% during the third quarter. Nisa Investment Advisors LLC now owns 22,174 shares of the company’s stock valued at $368,000 after acquiring an additional 682 shares during the period. Van ECK Associates Corp boosted its stake in shares of Laureate Education by 51.0% in the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock valued at $36,000 after purchasing an additional 763 shares in the last quarter. Finally, J.Safra Asset Management Corp grew its holdings in shares of Laureate Education by 34.4% in the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company’s stock worth $61,000 after purchasing an additional 866 shares during the last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.

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.