Venturi Wealth Management LLC Acquires 834 Shares of Grand Canyon Education, Inc. (NASDAQ:LOPE)

Venturi Wealth Management LLC increased its holdings in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 186.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,282 shares of the company’s stock after buying an additional 834 shares during the period. Venturi Wealth Management LLC’s holdings in Grand Canyon Education were worth $210,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its position in shares of Grand Canyon Education by 1.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,225 shares of the company’s stock worth $692,000 after purchasing an additional 63 shares in the last quarter. DGS Capital Management LLC increased its position in shares of Grand Canyon Education by 1.5% during the third quarter. DGS Capital Management LLC now owns 4,399 shares of the company’s stock worth $624,000 after purchasing an additional 67 shares in the last quarter. Barclays PLC increased its position in shares of Grand Canyon Education by 0.4% during the third quarter. Barclays PLC now owns 18,977 shares of the company’s stock worth $2,692,000 after purchasing an additional 84 shares in the last quarter. MML Investors Services LLC increased its position in shares of Grand Canyon Education by 1.6% during the third quarter. MML Investors Services LLC now owns 5,740 shares of the company’s stock worth $814,000 after purchasing an additional 91 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of Grand Canyon Education by 22.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 539 shares of the company’s stock worth $88,000 after purchasing an additional 99 shares in the last quarter. Institutional investors own 94.17% of the company’s stock.

Insider Buying and Selling at Grand Canyon Education

In other Grand Canyon Education news, CTO Dilek Marsh sold 1,500 shares of the company’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $166.07, for a total value of $249,105.00. Following the sale, the chief technology officer now directly owns 21,174 shares of the company’s stock, valued at approximately $3,516,366.18. This represents a 6.62 % 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. 2.00% of the stock is owned by corporate insiders.

Grand Canyon Education Price Performance

NASDAQ LOPE opened at $181.70 on Friday. The stock’s fifty day moving average price is $170.74 and its 200 day moving average price is $155.40. Grand Canyon Education, Inc. has a 1 year low of $126.17 and a 1 year high of $192.18. The company has a market cap of $5.30 billion, a price-to-earnings ratio of 23.48, a PEG ratio of 1.39 and a beta of 0.74.

Grand Canyon Education (NASDAQ:LOPE) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $2.95 EPS for the quarter, beating the consensus estimate of $2.93 by $0.02. Grand Canyon Education had a net margin of 21.90% and a return on equity of 30.91%. The company had revenue of $292.57 million for the quarter, compared to analyst estimates of $289.62 million. Research analysts expect that Grand Canyon Education, Inc. will post 8.81 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. StockNews.com downgraded Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. Robert W. Baird upped their target price on Grand Canyon Education from $170.00 to $186.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Barrington Research upped their target price on Grand Canyon Education from $180.00 to $205.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, BMO Capital Markets upped their target price on Grand Canyon Education from $181.00 to $202.00 and gave the company an “outperform” rating in a research report on Friday.

Grand Canyon Education 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.