Insider Selling: Laureate Education Inc (NASDAQ:LAUR) SVP Sells 7,500 Shares of Stock

Laureate Education Inc (NASDAQ:LAUR) SVP Juan Jose Hurtado sold 7,500 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $16.84, for a total transaction of $126,300.00. Following the completion of the sale, the senior vice president now directly owns 14,596 shares in the company, valued at approximately $245,796.64. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of NASDAQ:LAUR traded down $0.03 during trading hours on Friday, hitting $16.78. 1,569,200 shares of the company’s stock traded hands, compared to its average volume of 1,054,540. Laureate Education Inc has a 52 week low of $13.70 and a 52 week high of $18.57. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.82 and a current ratio of 0.82. The company’s fifty day simple moving average is $16.04 and its two-hundred day simple moving average is $16.41. The company has a market cap of $3.77 billion, a price-to-earnings ratio of -559.33, a price-to-earnings-growth ratio of 3.94 and a beta of 0.15.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings data on Wednesday, November 6th. The company reported ($0.42) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.49). Laureate Education had a net margin of 28.67% and a negative return on equity of 0.22%. The business had revenue of $773.70 million for the quarter, compared to the consensus estimate of $781.12 million. During the same quarter last year, the business posted ($0.42) EPS. The business’s revenue for the quarter was down .6% on a year-over-year basis. On average, analysts anticipate that Laureate Education Inc will post 0.35 EPS for the current fiscal year.

Large investors have recently bought and sold shares of the company. Daiwa Securities Group Inc. bought a new position in shares of Laureate Education during the 3rd quarter valued at about $26,000. Usca Ria LLC bought a new position in shares of Laureate Education during the 3rd quarter valued at about $28,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Laureate Education during the 3rd quarter valued at about $33,000. New York State Teachers Retirement System bought a new position in shares of Laureate Education during the 2nd quarter valued at about $130,000. Finally, Russell Investments Group Ltd. bought a new position in shares of Laureate Education during the 3rd quarter valued at about $175,000. Institutional investors own 50.42% of the company’s stock.

A number of equities analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Laureate Education from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research report on Friday, November 1st. ValuEngine lowered shares of Laureate Education from a “sell” rating to a “strong sell” rating in a research report on Thursday. Citigroup reiterated a “buy” rating and issued a $22.00 target price (up previously from $19.00) on shares of Laureate Education in a research report on Wednesday, August 28th. Stifel Nicolaus set a $22.00 target price on shares of Laureate Education and gave the company a “buy” rating in a research report on Friday, August 30th. Finally, TheStreet lowered shares of Laureate Education from a “b” rating to a “c+” rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $21.33.

Laureate Education Company Profile

Laureate Education, Inc, together with its subsidiaries, provides higher education programs and services to students through a network of universities and higher education institutions. It operates through five segments: Brazil, Mexico, Andean, Rest of World, and Online & Partnerships. The company offers a range of undergraduate and graduate degree programs primarily in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs.

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