Lisanti Capital Growth LLC Boosts Stake in Grand Canyon Education, Inc. $LOPE

Lisanti Capital Growth LLC increased its position in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 57.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,160 shares of the company’s stock after purchasing an additional 4,450 shares during the quarter. Lisanti Capital Growth LLC’s holdings in Grand Canyon Education were worth $2,298,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of LOPE. SVB Wealth LLC bought a new position in Grand Canyon Education during the 1st quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Grand Canyon Education in the first quarter worth approximately $35,000. WPG Advisers LLC bought a new position in Grand Canyon Education in the 1st quarter valued at approximately $44,000. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of Grand Canyon Education by 58.2% during the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 261 shares of the company’s stock valued at $45,000 after buying an additional 96 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in Grand Canyon Education by 2,172.7% in the 2nd quarter. IFP Advisors Inc now owns 250 shares of the company’s stock worth $47,000 after buying an additional 239 shares in the last quarter. 94.17% of the stock is owned by hedge funds and other institutional investors.

Grand Canyon Education Stock Performance

Shares of NASDAQ LOPE opened at $166.10 on Friday. The company has a market cap of $4.67 billion, a P/E ratio of 20.11, a P/E/G ratio of 1.50 and a beta of 0.74. Grand Canyon Education, Inc. has a 52-week low of $153.82 and a 52-week high of $223.04. The firm’s fifty day moving average is $207.04 and its two-hundred day moving average is $193.80.

Grand Canyon Education (NASDAQ:LOPE) last released its quarterly earnings data on Wednesday, November 5th. The company reported $1.78 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.78. Grand Canyon Education had a return on equity of 31.50% and a net margin of 22.15%.The business had revenue of $261.14 million for the quarter, compared to the consensus estimate of $259.97 million. During the same quarter in the previous year, the company posted $1.48 EPS. The company’s revenue was up 9.6% compared to the same quarter last year. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS. Q4 2025 guidance at 3.130-3.240 EPS. As a group, analysts forecast that Grand Canyon Education, Inc. will post 8.81 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

LOPE has been the topic of a number of recent research reports. Zacks Research downgraded Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Grand Canyon Education in a report on Wednesday. Wall Street Zen cut shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Barrington Research reissued an “outperform” rating and set a $230.00 price objective on shares of Grand Canyon Education in a research report on Tuesday, October 21st. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $220.00.

About Grand Canyon Education

Grand Canyon Education, Inc provides education services to colleges and universities in the United States. It offers technology services, including learning management system, internal administration, infrastructure, and support services; academic services, such as program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support services comprising admission, financial aid, and field experience and other counseling services.