Peregrine Capital Management LLC Sells 39,000 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Peregrine Capital Management LLC decreased its position in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 44.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,698 shares of the company’s stock after selling 39,000 shares during the period. Peregrine Capital Management LLC’s holdings in Laureate Education were worth $909,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Swedbank AB grew its stake in shares of Laureate Education by 225.8% during the third quarter. Swedbank AB now owns 2,513,300 shares of the company’s stock worth $41,746,000 after acquiring an additional 1,741,800 shares during the last quarter. Cape Ann Asset Management Ltd acquired a new stake in Laureate Education in the 3rd quarter worth approximately $17,412,000. Union Bancaire Privee UBP SA purchased a new stake in Laureate Education during the 4th quarter worth approximately $15,057,000. Harbor Capital Advisors Inc. increased its stake in Laureate Education by 207.4% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 824,985 shares of the company’s stock valued at $13,703,000 after purchasing an additional 556,573 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC purchased a new position in shares of Laureate Education in the third quarter worth $6,757,000. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Laureate Education news, Director Corro Pedro Del sold 25,000 shares of the company’s stock in a transaction 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 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.32% of the stock is currently owned by insiders.

Laureate Education Trading Down 0.9 %

Shares of NASDAQ:LAUR opened at $20.12 on Thursday. 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, Inc. has a 52-week low of $12.59 and a 52-week high of $20.34. The stock has a market cap of $3.03 billion, a price-to-earnings ratio of 12.73 and a beta of 0.84. The business has a 50-day moving average price of $18.87 and a 200-day moving average price of $17.33.

Analyst Upgrades and Downgrades

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

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.