Grand Canyon Education, Inc. (NASDAQ:LOPE – Get Free Report) CTO Dilek Marsh sold 1,500 shares of Grand Canyon Education stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $141.23, for a total value of $211,845.00. Following the completion of the transaction, the chief technology officer now directly owns 22,674 shares in the company, valued at $3,202,249.02. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Grand Canyon Education Stock Performance
Shares of Grand Canyon Education stock opened at $142.78 on Friday. The firm has a market cap of $4.25 billion, a P/E ratio of 19.97, a price-to-earnings-growth ratio of 1.16 and a beta of 0.69. The firm’s 50-day simple moving average is $145.02 and its 200-day simple moving average is $140.12. Grand Canyon Education, Inc. has a twelve month low of $112.38 and a twelve month high of $157.53.
Grand Canyon Education (NASDAQ:LOPE – Get Free Report) last posted its earnings results on Tuesday, August 6th. The company reported $1.27 EPS for the quarter, topping the consensus estimate of $1.10 by $0.17. Grand Canyon Education had a return on equity of 31.49% and a net margin of 21.88%. The business had revenue of $227.50 million during the quarter, compared to the consensus estimate of $223.56 million. During the same quarter last year, the company earned $1.01 EPS. Grand Canyon Education’s revenue was up 8.0% on a year-over-year basis. On average, equities analysts forecast that Grand Canyon Education, Inc. will post 7.98 earnings per share for the current fiscal year.
Institutional Trading of Grand Canyon Education
Analyst Ratings Changes
LOPE has been the topic of a number of recent research reports. StockNews.com raised Grand Canyon Education from a “hold” rating to a “buy” rating in a research report on Tuesday, September 17th. Barrington Research reissued an “outperform” rating and set a $165.00 price objective on shares of Grand Canyon Education in a report on Friday. Finally, BMO Capital Markets upped their target price on Grand Canyon Education from $160.00 to $162.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th.
Read Our Latest Stock Report on LOPE
Grand Canyon Education Company Profile
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.
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