Corro Pedro Del Sells 25,000 Shares of Laureate Education, Inc. (NASDAQ:LAUR) Stock

Laureate Education, Inc. (NASDAQ:LAUR) Director Corro Pedro Del sold 25,000 shares of the company’s stock in a transaction on 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 owns 29,686 shares of the company’s stock, valued at $581,251.88. This trade represents a 45.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Laureate Education Stock Down 1.0 %

Shares of NASDAQ:LAUR traded down $0.20 during midday trading on Wednesday, reaching $18.93. The company had a trading volume of 561,261 shares, compared to its average volume of 733,227. The stock has a market capitalization of $2.85 billion, a P/E ratio of 12.11 and a beta of 0.82. The stock’s fifty day moving average price is $16.90 and its 200-day moving average price is $15.73. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. Laureate Education, Inc. has a one year low of $12.45 and a one year high of $19.98.

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 the consensus estimate of $0.16 by $0.40. Laureate Education had a net margin of 15.76% and a return on equity of 27.13%. The company had revenue of $368.60 million during the quarter, compared to the consensus estimate of $361.80 million. During the same quarter in the previous year, the firm earned $0.23 EPS. The company’s revenue was up 2.0% on a year-over-year basis. Equities research analysts expect that Laureate Education, Inc. will post 1.42 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of LAUR. Vanguard Group Inc. increased its holdings in shares of Laureate Education by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 14,231,273 shares of the company’s stock valued at $207,350,000 after acquiring an additional 136,865 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Laureate Education by 81.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 156,438 shares of the company’s stock valued at $2,280,000 after purchasing an additional 70,121 shares during the last quarter. Swedbank AB acquired a new stake in shares of Laureate Education during the 1st quarter worth approximately $11,241,000. Harbor Capital Advisors Inc. lifted its holdings in shares of Laureate Education by 207.4% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 824,985 shares of the company’s stock worth $13,703,000 after purchasing an additional 556,573 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in Laureate Education by 56.7% during the 2nd quarter. Renaissance Technologies LLC now owns 330,400 shares of the company’s stock valued at $4,936,000 after purchasing an additional 119,600 shares during the period. Institutional investors own 96.27% of the company’s stock.

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.