Gerard M. Knauer Sells 1,250 Shares of Laureate Education, Inc. (NASDAQ:LAUR) Stock

Laureate Education, Inc. (NASDAQ:LAUR) VP Gerard M. Knauer sold 1,250 shares of the company’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $19.27, for a total transaction of $24,087.50. Following the completion of the sale, the vice president now directly owns 20,576 shares of the company’s stock, valued at $396,499.52. This represents a 5.73 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Laureate Education Price Performance

LAUR stock opened at $19.93 on Friday. Laureate Education, Inc. has a 52-week low of $13.26 and a 52-week high of $21.73. The business has a fifty day moving average of $19.03 and a two-hundred day moving average of $17.56. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 10.27 and a beta of 0.84. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15.

Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.20. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. The firm had revenue of $423.40 million during the quarter, compared to the consensus estimate of $411.50 million. As a group, research analysts anticipate that Laureate Education, Inc. will post 1.51 earnings per share for the current year.

Institutional Investors Weigh In On Laureate Education

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

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets increased their price target on shares of Laureate Education from $21.00 to $23.00 and gave the company an “outperform” rating in a research note on Monday, February 24th.

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.