Insider Selling: Graham Holdings (NYSE:GHC) CAO Sells 159 Shares of Stock

Graham Holdings (NYSE:GHC) CAO Marcel A. Snyman sold 159 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $881.30, for a total value of $140,126.70. Following the sale, the chief accounting officer now directly owns 442 shares in the company, valued at $389,534.60. This trade represents a 26.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Graham Trading Up 1.1 %

Shares of GHC stock opened at $871.13 on Thursday. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. Graham Holdings has a 12-month low of $663.47 and a 12-month high of $974.00. The stock has a market capitalization of $3.78 billion, a P/E ratio of 17.06 and a beta of 1.14. The firm’s 50 day moving average is $908.85 and its 200 day moving average is $815.50.

Hedge Funds Weigh In On Graham

Institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in Graham by 10.1% in the third quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company’s stock valued at $17,361,000 after acquiring an additional 1,941 shares during the period. American Century Companies Inc. increased its position in shares of Graham by 80.3% during the 2nd quarter. American Century Companies Inc. now owns 20,109 shares of the company’s stock valued at $14,067,000 after purchasing an additional 8,953 shares during the last quarter. Barclays PLC lifted its stake in shares of Graham by 32.4% in the 3rd quarter. Barclays PLC now owns 13,601 shares of the company’s stock worth $11,176,000 after purchasing an additional 3,327 shares during the period. Franklin Resources Inc. boosted its holdings in shares of Graham by 8.6% in the third quarter. Franklin Resources Inc. now owns 10,311 shares of the company’s stock worth $8,344,000 after buying an additional 819 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in Graham by 7.2% during the second quarter. Cetera Investment Advisers now owns 7,578 shares of the company’s stock valued at $5,301,000 after buying an additional 508 shares during the period. 93.16% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Graham from a “hold” rating to a “buy” rating in a report on Monday, November 4th.

Graham Company Profile

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution.