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 firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $19.58, for a total value of $489,500.00. Following the completion of the transaction, the director now owns 29,686 shares in the company, valued at approximately $581,251.88. This trade represents a 45.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Laureate Education Stock Down 1.0 %

Shares of NASDAQ LAUR opened at $18.93 on Friday. The stock has a market cap of $2.85 billion, a PE ratio of 11.98 and a beta of 0.82. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. Laureate Education, Inc. has a 12-month low of $12.45 and a 12-month high of $19.98. The company has a 50-day moving average of $16.98 and a 200 day moving average of $15.77.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.40. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. The business had revenue of $368.60 million during the quarter, compared to analyst estimates of $361.80 million. During the same period in the prior year, the business earned $0.23 earnings per share. The business’s revenue was up 2.0% compared to the same quarter last year. As a group, sell-side analysts predict that Laureate Education, Inc. will post 1.42 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets increased their price objective on Laureate Education from $17.00 to $20.00 and gave the company an “outperform” rating in a research note on Friday, November 1st.

Institutional Trading of Laureate Education

A number of hedge funds and other institutional investors have recently modified their holdings of LAUR. nVerses Capital LLC purchased a new stake in shares of Laureate Education in the second quarter valued at about $25,000. Van ECK Associates Corp raised its stake in Laureate Education by 51.0% during the third 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. Quarry LP acquired a new position in Laureate Education in the 2nd quarter valued at about $50,000. KBC Group NV grew its stake in shares of Laureate Education by 62.3% in the 3rd quarter. KBC Group NV now owns 4,075 shares of the company’s stock valued at $68,000 after buying an additional 1,564 shares during the period. Finally, New York State Teachers Retirement System acquired a new stake in shares of Laureate Education during the 3rd quarter worth approximately $95,000. 96.27% of the stock is owned by institutional investors and hedge funds.

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.