Values First Advisors Inc. Sells 681 Shares of Grand Canyon Education, Inc. (NASDAQ:LOPE)

Values First Advisors Inc. lowered its position in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) by 4.9% in the fourth quarter, HoldingsChannel reports. The fund owned 13,183 shares of the company’s stock after selling 681 shares during the period. Grand Canyon Education accounts for approximately 1.2% of Values First Advisors Inc.’s investment portfolio, making the stock its 16th largest holding. Values First Advisors Inc.’s holdings in Grand Canyon Education were worth $2,159,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in LOPE. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Grand Canyon Education in the fourth quarter valued at about $27,000. Reston Wealth Management LLC bought a new stake in Grand Canyon Education in the third quarter valued at about $28,000. True Wealth Design LLC bought a new stake in Grand Canyon Education in the third quarter valued at about $31,000. Financial Life Planners bought a new stake in Grand Canyon Education in the fourth quarter valued at about $37,000. Finally, Capital Performance Advisors LLP bought a new stake in Grand Canyon Education in the third quarter valued at about $60,000. Institutional investors own 94.17% of the company’s stock.

Insider Activity at Grand Canyon Education

In related news, CTO Dilek Marsh sold 1,500 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $166.07, for a total transaction of $249,105.00. Following the completion of the transaction, the chief technology officer now directly owns 21,174 shares of the company’s stock, valued at approximately $3,516,366.18. This represents a 6.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 2.00% of the company’s stock.

Grand Canyon Education Price Performance

LOPE stock opened at $182.00 on Wednesday. The stock has a market capitalization of $5.31 billion, a P/E ratio of 23.92, a P/E/G ratio of 1.37 and a beta of 0.74. The business has a 50-day moving average of $168.58 and a 200-day moving average of $153.93. Grand Canyon Education, Inc. has a fifty-two week low of $118.48 and a fifty-two week high of $183.79.

Analyst Ratings Changes

LOPE has been the subject of a number of recent analyst reports. BMO Capital Markets upped their price objective on Grand Canyon Education from $152.00 to $173.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Barrington Research reissued an “outperform” rating and issued a $180.00 target price on shares of Grand Canyon Education in a research note on Monday, January 27th. Robert W. Baird boosted their target price on Grand Canyon Education from $170.00 to $186.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Finally, StockNews.com cut Grand Canyon Education from a “buy” rating to a “hold” rating in a research note on Friday, November 15th.

About Grand Canyon Education

Grand Canyon Education, Inc provides education services to colleges and universities in the United States. It offers technology services, including learning management system, internal administration, infrastructure, and support services; academic services, such as program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support services comprising admission, financial aid, and field experience and other counseling services.