Strategic Education Inc (STRA) Insider J Kevin Gilligan Sells 5,000 Shares of Stock

Strategic Education Inc (NASDAQ:STRA) insider J Kevin Gilligan sold 5,000 shares of Strategic Education stock in a transaction on Thursday, November 8th. The stock was sold at an average price of $142.68, for a total transaction of $713,400.00. Following the completion of the transaction, the insider now directly owns 77,096 shares of the company’s stock, valued at approximately $11,000,057.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

J Kevin Gilligan also recently made the following trade(s):

  • On Thursday, November 1st, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $124.61, for a total transaction of $623,050.00.
  • On Thursday, October 25th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $124.76, for a total transaction of $623,800.00.
  • On Thursday, October 18th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $130.40, for a total transaction of $652,000.00.
  • On Thursday, October 11th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $125.28, for a total transaction of $626,400.00.
  • On Thursday, October 4th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $131.66, for a total transaction of $658,300.00.
  • On Thursday, September 27th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $135.98, for a total transaction of $679,900.00.
  • On Thursday, September 20th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $134.62, for a total transaction of $673,100.00.
  • On Thursday, September 13th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $135.33, for a total transaction of $676,650.00.
  • On Thursday, September 6th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $135.32, for a total transaction of $676,600.00.
  • On Thursday, August 30th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $136.55, for a total transaction of $682,750.00.

STRA stock traded down $9.88 during mid-day trading on Friday, reaching $140.33. The company had a trading volume of 227,915 shares, compared to its average volume of 121,361. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of 38.04, a PEG ratio of 3.06 and a beta of 1.03. Strategic Education Inc has a one year low of $80.75 and a one year high of $154.89.

Strategic Education (NASDAQ:STRA) last posted its earnings results on Thursday, November 8th. The health services provider reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.24. The company had revenue of $160.90 million for the quarter, compared to analysts’ expectations of $185.48 million. Strategic Education had a return on equity of 18.39% and a net margin of 3.14%. The firm’s quarterly revenue was up 48.3% compared to the same quarter last year. During the same period last year, the business posted $0.34 earnings per share. Analysts predict that Strategic Education Inc will post 4.39 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 17th. Investors of record on Monday, December 3rd will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Friday, November 30th. Strategic Education’s dividend payout ratio is currently 64.31%.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Schwab Charles Investment Management Inc. raised its stake in shares of Strategic Education by 4.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 98,146 shares of the health services provider’s stock valued at $11,092,000 after purchasing an additional 4,549 shares in the last quarter. Legal & General Group Plc raised its stake in shares of Strategic Education by 6.8% during the second quarter. Legal & General Group Plc now owns 23,129 shares of the health services provider’s stock valued at $2,613,000 after purchasing an additional 1,470 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in shares of Strategic Education by 96.9% during the third quarter. Louisiana State Employees Retirement System now owns 9,450 shares of the health services provider’s stock valued at $1,295,000 after purchasing an additional 4,650 shares in the last quarter. Handelsinvest Investeringsforvaltning bought a new stake in shares of Strategic Education during the third quarter valued at about $9,119,000. Finally, Texas Permanent School Fund raised its stake in shares of Strategic Education by 272.6% during the third quarter. Texas Permanent School Fund now owns 13,537 shares of the health services provider’s stock valued at $1,855,000 after purchasing an additional 9,904 shares in the last quarter. Institutional investors and hedge funds own 99.93% of the company’s stock.

A number of research firms have issued reports on STRA. ValuEngine cut Strategic Education from a “buy” rating to a “hold” rating in a research note on Tuesday, August 7th. BMO Capital Markets raised their target price on Strategic Education to $152.00 and gave the company an “outperform” rating in a research note on Friday, August 24th. Zacks Investment Research cut Strategic Education from a “buy” rating to a “hold” rating in a research note on Monday, July 30th. Barrington Research began coverage on Strategic Education in a research note on Tuesday, August 21st. They issued an “outperform” rating and a $160.00 target price on the stock. Finally, BidaskClub upgraded Strategic Education from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 18th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Strategic Education has an average rating of “Buy” and a consensus target price of $147.40.

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Strategic Education Company Profile

Strategic Education, Inc, through its subsidiaries, provides a range of post-secondary education and other academic programs in the United States. The company operates Strayer University and Capella University that provide undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration, and criminal justice to working adult students through its 74 physical campuses primarily located in the Mid-Atlantic and Southern regions, as well as through online.

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Insider Buying and Selling by Quarter for Strategic Education (NASDAQ:STRA)

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