Ian Kendell Snow Sells 520,831 Shares of Laureate Education, Inc. (NASDAQ:LAUR) Stock

Laureate Education, Inc. (NASDAQ:LAUR) Director Ian Kendell Snow sold 520,831 shares of the firm’s stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $17.47, for a total value of $9,098,917.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Laureate Education Stock Performance

Shares of Laureate Education stock opened at $19.30 on Wednesday. The company has a market capitalization of $2.91 billion, a PE ratio of 9.95 and a beta of 0.80. Laureate Education, Inc. has a 12 month low of $13.26 and a 12 month high of $21.73. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. The stock’s fifty day simple moving average is $19.28 and its 200 day simple moving average is $17.95.

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

Institutional Trading of Laureate Education

Several hedge funds have recently added to or reduced their stakes in the business. Mariner LLC raised its stake in shares of Laureate Education by 3.3% in the 4th quarter. Mariner LLC now owns 16,933 shares of the company’s stock valued at $310,000 after purchasing an additional 541 shares during the period. Parkside Financial Bank & Trust raised its stake 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 purchasing an additional 673 shares during the period. J.Safra Asset Management Corp raised its stake in shares of Laureate Education by 34.4% in the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company’s stock valued at $61,000 after purchasing an additional 866 shares during the period. Martingale Asset Management L P raised its stake in shares of Laureate Education by 0.7% in the 4th quarter. Martingale Asset Management L P now owns 132,170 shares of the company’s stock valued at $2,417,000 after purchasing an additional 884 shares during the period. Finally, MBM Wealth Consultants LLC raised its stake in shares of Laureate Education by 6.0% in the 4th quarter. MBM Wealth Consultants LLC now owns 17,622 shares of the company’s stock valued at $320,000 after purchasing an additional 990 shares during the period. Institutional investors and hedge funds own 96.27% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets raised their price target on Laureate Education from $21.00 to $23.00 and gave the stock an “outperform” rating in a research report 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.