Laureate Education (NASDAQ:LAUR) Reaches New 52-Week High – Should You Buy?

Laureate Education, Inc. (NASDAQ:LAUR)’s stock price hit a new 52-week high on Thursday . The company traded as high as $20.17 and last traded at $19.91, with a volume of 37950 shares. The stock had previously closed at $19.86.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets boosted 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.

Laureate Education Stock Up 0.2 %

The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15. The business has a 50-day simple moving average of $18.72 and a 200-day simple moving average of $17.15. The stock has a market cap of $3.00 billion, a P/E ratio of 12.58 and a beta of 0.84.

Insider Activity

In other news, Director Corro Pedro Del sold 25,000 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $19.58, for a total value of $489,500.00. Following the completion of the sale, the director now directly owns 29,686 shares of the company’s stock, valued at approximately $581,251.88. This represents a 45.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.32% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Laureate Education

Several hedge funds and other institutional investors have recently made changes to their positions in LAUR. Van ECK Associates Corp raised its holdings in Laureate Education by 51.0% during the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock worth $36,000 after purchasing an additional 763 shares during the last quarter. J.Safra Asset Management Corp lifted its holdings in Laureate Education by 34.4% in the fourth quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company’s stock valued at $61,000 after buying an additional 866 shares during the period. KBC Group NV boosted its stake in Laureate Education by 62.3% in the third quarter. KBC Group NV now owns 4,075 shares of the company’s stock valued at $68,000 after acquiring an additional 1,564 shares during the last quarter. New York State Teachers Retirement System bought a new stake in shares of Laureate Education during the 3rd quarter valued at $95,000. Finally, Parkside Financial Bank & Trust lifted its stake in shares of Laureate Education by 10.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company’s stock valued at $128,000 after purchasing an additional 673 shares during the period. 96.27% of the stock is owned by institutional investors and hedge funds.

Laureate Education Company Profile

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.