Laureate Education Inc (LAUR) CEO Paula R. Singer Sells 15,000 Shares

Laureate Education Inc (NASDAQ:LAUR) CEO Paula R. Singer sold 15,000 shares of the stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $16.62, for a total transaction of $249,300.00. Following the transaction, the chief executive officer now owns 39,970 shares of the company’s stock, valued at approximately $664,301.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

NASDAQ:LAUR traded up $0.26 on Wednesday, reaching $16.81. 598,322 shares of the company’s stock were exchanged, compared to its average volume of 711,949. The company has a quick ratio of 1.02, a current ratio of 0.87 and a debt-to-equity ratio of 1.30. The firm has a market capitalization of $3.59 billion, a PE ratio of -560.33, a P/E/G ratio of 1.76 and a beta of 0.43. Laureate Education Inc has a 52 week low of $13.58 and a 52 week high of $17.15.

Laureate Education (NASDAQ:LAUR) last issued its earnings results on Thursday, May 9th. The company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.60) by $1.45. The firm had revenue of $621.80 million during the quarter, compared to analyst estimates of $609.98 million. Laureate Education had a net margin of 11.00% and a return on equity of 4.71%. The company’s quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter last year, the business earned $0.59 earnings per share. Analysts anticipate that Laureate Education Inc will post 0.76 earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the business. Federated Investors Inc. PA bought a new position in Laureate Education during the first quarter worth about $25,000. Public Employees Retirement System of Ohio lifted its holdings in shares of Laureate Education by 45.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 2,352 shares of the company’s stock worth $36,000 after buying an additional 735 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Laureate Education by 73.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,061 shares of the company’s stock worth $123,000 after buying an additional 3,413 shares in the last quarter. Sciencast Management LP purchased a new stake in shares of Laureate Education in the first quarter worth about $165,000. Finally, Stone Ridge Asset Management LLC purchased a new stake in shares of Laureate Education in the fourth quarter worth about $159,000. Hedge funds and other institutional investors own 43.37% of the company’s stock.

A number of equities analysts have weighed in on the stock. Zacks Investment Research lowered shares of Laureate Education from a “hold” rating to a “sell” rating in a research report on Tuesday, May 7th. TheStreet upgraded shares of Laureate Education from a “c” rating to a “b-” rating in a research report on Friday, April 26th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. Laureate Education currently has an average rating of “Hold” and an average target price of $18.30.

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Laureate Education Company Profile

Laureate Education, Inc, together with its subsidiaries, provides higher education programs and services to students through a network of universities and higher education institutions. It operates through five segments: Brazil, Mexico, Andean, Rest of World, and Online & Partnerships. The company offers a range of undergraduate and graduate degree programs primarily in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs.

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Insider Buying and Selling by Quarter for Laureate Education (NASDAQ:LAUR)

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