Graham Holdings (NYSE:GHC) CAO Marcel A. Snyman Sells 159 Shares

Graham Holdings (NYSE:GHCGet Free Report) CAO Marcel A. Snyman sold 159 shares of Graham stock in a transaction on Monday, January 6th. The shares were sold at an average price of $881.30, for a total transaction of $140,126.70. Following the completion of the sale, the chief accounting officer now owns 442 shares in the company, valued at approximately $389,534.60. This trade represents a 26.46 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Graham Stock Down 0.7 %

Shares of GHC stock traded down $6.23 during midday trading on Monday, reaching $882.66. 18,228 shares of the stock were exchanged, compared to its average volume of 13,465. Graham Holdings has a 1 year low of $663.47 and a 1 year high of $974.00. The firm has a market cap of $3.83 billion, a PE ratio of 17.28 and a beta of 1.14. The company’s 50 day moving average is $905.41 and its two-hundred day moving average is $812.57. The company has a current ratio of 1.57, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18.

Hedge Funds Weigh In On Graham

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in shares of Graham by 10.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,128 shares of the company’s stock worth $17,361,000 after acquiring an additional 1,941 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Graham by 80.3% during the second quarter. American Century Companies Inc. now owns 20,109 shares of the company’s stock valued at $14,067,000 after purchasing an additional 8,953 shares in the last quarter. Barclays PLC lifted its holdings in shares of Graham by 32.4% during the third quarter. Barclays PLC now owns 13,601 shares of the company’s stock valued at $11,176,000 after purchasing an additional 3,327 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Graham by 8.6% in the 3rd quarter. Franklin Resources Inc. now owns 10,311 shares of the company’s stock worth $8,344,000 after purchasing an additional 819 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Graham by 7.2% in the 2nd quarter. Cetera Investment Advisers now owns 7,578 shares of the company’s stock worth $5,301,000 after buying an additional 508 shares during the last quarter. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Graham from a “hold” rating to a “buy” rating in a research note on Monday, November 4th.

Read Our Latest Analysis on Graham

Graham Company Profile

(Get Free Report)

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution.

Further Reading

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