Laureate Education, Inc. (NASDAQ:LAUR) Director Ian Kendell Snow Sells 2,114,928 Shares

Laureate Education, Inc. (NASDAQ:LAUR) Director Ian Kendell Snow sold 2,114,928 shares of the firm’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $14.64, for a total transaction of $30,962,545.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Laureate Education Stock Up 3.3 %

Laureate Education stock opened at $16.32 on Thursday. The business’s 50-day moving average price is $14.27 and its 200 day moving average price is $13.63. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.19. The firm has a market cap of $2.57 billion, a price-to-earnings ratio of 22.05 and a beta of 0.74. Laureate Education, Inc. has a 52 week low of $11.34 and a 52 week high of $16.36.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings data on Thursday, May 2nd. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.12). Laureate Education had a net margin of 8.19% and a return on equity of 13.98%. The business had revenue of $275.40 million during the quarter, compared to analysts’ expectations of $269.35 million. During the same quarter last year, the firm earned ($0.17) earnings per share. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Laureate Education, Inc. will post 1.29 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, TheStreet raised Laureate Education from a “c+” rating to a “b” rating in a research report on Monday, February 26th.

Institutional Investors Weigh In On Laureate Education

A number of institutional investors have recently modified their holdings of LAUR. Wellington Management Group LLP raised its position in Laureate Education by 28.9% in the 3rd quarter. Wellington Management Group LLP now owns 7,143,474 shares of the company’s stock valued at $100,723,000 after purchasing an additional 1,599,817 shares during the last quarter. Fourth Sail Capital LP boosted its position in shares of Laureate Education by 109.3% in the 1st quarter. Fourth Sail Capital LP now owns 2,122,092 shares of the company’s stock worth $30,919,000 after buying an additional 1,108,142 shares in the last quarter. Boston Partners grew its position in shares of Laureate Education by 25.6% in the third quarter. Boston Partners now owns 5,124,756 shares of the company’s stock valued at $72,288,000 after purchasing an additional 1,045,373 shares during the last quarter. Van Berkom & Associates Inc. grew its holdings in Laureate Education by 8.1% during the 3rd quarter. Van Berkom & Associates Inc. now owns 7,125,871 shares of the company’s stock valued at $100,475,000 after buying an additional 531,670 shares during the last quarter. Finally, Hsbc Holdings PLC increased its position in Laureate Education by 1,013.4% during the 3rd quarter. Hsbc Holdings PLC now owns 558,947 shares of the company’s stock worth $7,875,000 after purchasing an additional 508,745 shares in the last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.

About Laureate Education

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.