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 dated Thursday, March 13th. The shares were sold at an average price of $17.47, for a total value of $9,098,917.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Laureate Education Stock Up 2.3 %

Shares of NASDAQ LAUR traded up $0.43 during mid-day trading on Monday, hitting $19.32. 981,529 shares of the stock traded hands, compared to its average volume of 699,260. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63. Laureate Education, Inc. has a 52 week low of $13.26 and a 52 week high of $21.73. The company has a market cap of $2.91 billion, a price-to-earnings ratio of 9.96 and a beta of 0.80. The stock has a fifty day moving average price of $19.26 and a 200-day moving average price of $17.93.

Laureate Education (NASDAQ:LAUR) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.20. The business had revenue of $423.40 million during the quarter, compared to analysts’ expectations of $411.50 million. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. Research analysts anticipate that Laureate Education, Inc. will post 1.51 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LAUR. Swedbank AB raised its stake in Laureate Education by 225.8% during the third quarter. Swedbank AB now owns 2,513,300 shares of the company’s stock valued at $41,746,000 after buying an additional 1,741,800 shares during the last quarter. North of South Capital LLP purchased a new position in shares of Laureate Education in the fourth quarter worth $22,973,000. Cape Ann Asset Management Ltd purchased a new position in shares of Laureate Education in the third quarter worth $17,412,000. Union Bancaire Privee UBP SA purchased a new position in shares of Laureate Education in the fourth quarter worth $15,057,000. Finally, Brandywine Global Investment Management LLC purchased a new position in shares of Laureate Education in the fourth quarter worth $9,353,000. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets lifted their price target on Laureate Education from $21.00 to $23.00 and gave the company 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.