Laureate Education (NASDAQ:LAUR) Sets New 1-Year High – Here’s What Happened

Laureate Education, Inc. (NASDAQ:LAUR)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $20.17 and last traded at $19.91, with a volume of 37950 shares trading hands. The stock had previously closed at $19.86.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets raised their price target on Laureate Education from $17.00 to $20.00 and gave the company an “outperform” rating in a research note on Friday, November 1st.

Laureate Education Trading Up 0.6 %

The business’s 50-day moving average price is $18.75 and its 200-day moving average price is $17.17. The firm has a market capitalization of $3.03 billion, a PE ratio of 12.73 and a beta of 0.84. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63.

Insiders Place Their Bets

In other Laureate Education news, Director Corro Pedro Del sold 25,000 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $19.58, for a total transaction of $489,500.00. Following the sale, the director now owns 29,686 shares in the company, valued at approximately $581,251.88. This represents a 45.72 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.32% of the stock is currently owned by company insiders.

Institutional Trading of Laureate Education

A number of large investors have recently made changes to their positions in the stock. Van ECK Associates Corp boosted its stake in shares of Laureate Education by 51.0% during the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock worth $36,000 after purchasing an additional 763 shares during the last quarter. J.Safra Asset Management Corp grew its stake in Laureate Education by 34.4% in the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company’s stock worth $61,000 after acquiring an additional 866 shares during the period. KBC Group NV lifted its stake in shares of Laureate Education by 62.3% during the 3rd quarter. KBC Group NV now owns 4,075 shares of the company’s stock worth $68,000 after purchasing an additional 1,564 shares during the period. New York State Teachers Retirement System acquired a new stake in shares of Laureate Education during the third quarter worth $95,000. Finally, Parkside Financial Bank & Trust grew its position in shares of Laureate Education by 10.7% in the fourth 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. Institutional investors and hedge funds own 96.27% of the company’s stock.

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.