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 firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $19.58, for a total transaction of $489,500.00. Following the completion of the transaction, the director now directly owns 29,686 shares in the company, valued at $581,251.88. This represents a 45.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Laureate Education Trading Up 0.4 %

LAUR opened at $19.00 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. The company’s 50 day simple moving average is $17.02 and its two-hundred day simple moving average is $15.79. Laureate Education, Inc. has a 1-year low of $12.45 and a 1-year high of $19.98. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of 12.03 and a beta of 0.82.

Laureate Education (NASDAQ:LAUR) last released its earnings results on Thursday, October 31st. The company reported $0.56 earnings per share 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 business had revenue of $368.60 million for the quarter, compared to analyst estimates of $361.80 million. During the same period last year, the company posted $0.23 EPS. The business’s revenue was up 2.0% on a year-over-year basis. Analysts expect that Laureate Education, Inc. will post 1.42 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets raised their price target on shares of Laureate Education from $17.00 to $20.00 and gave the company an “outperform” rating in a research note on Friday, November 1st.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. nVerses Capital LLC purchased a new position in Laureate Education in the 2nd quarter worth approximately $25,000. Van ECK Associates Corp increased its holdings 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 buying an additional 763 shares during the last quarter. Quarry LP acquired a new stake in shares of Laureate Education during the 2nd quarter worth approximately $50,000. KBC Group NV increased its holdings in shares of Laureate Education by 62.3% during the 3rd quarter. KBC Group NV now owns 4,075 shares of the company’s stock worth $68,000 after buying an additional 1,564 shares during the last quarter. Finally, New York State Teachers Retirement System acquired a new stake in shares of Laureate Education during the 3rd quarter worth approximately $95,000. 96.27% of the stock is owned by hedge funds and other 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.