Phoenix Education Partners (NYSE:PXED) Insider John Terrence Woods Sells 850 Shares of Company Stock

Phoenix Education Partners, Inc. (NYSE:PXED) insider John Terrence Woods sold 850 shares of the firm’s stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $25.00, for a total value of $21,250.00. Following the sale, the insider owned 62,682 shares of the company’s stock, valued at $1,567,050. This represents a 1.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

John Terrence Woods also recently made the following trade(s):

• On Friday, October 9th, John Terrence Woods sold 19,453 shares of Phoenix Education Partners stock. The stock was sold at an average price of $25.89, for a total value of $503,638.17.

Phoenix Education Partners Stock Down 0.9%

Shares of NYSE PXED opened at $24.14 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.92 and a current ratio of 1.91. Phoenix Education Partners, Inc. has a 1 year low of $23.52 and a 1 year high of $38.19. The stock’s 50-day simple moving average is $27.16 and its 200-day simple moving average is $29.25. The firm has a market cap of $870.28 million and a price-to-earnings ratio of 5.50.

Phoenix Education Partners (NYSE:PXED) last issued its quarterly earnings results on Tuesday, July 14th. The company reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.15. Phoenix Education Partners had a return on equity of 60.06% and a net margin of 8.18%. The firm had revenue of $271.80 million during the quarter. As a group, equities analysts anticipate that Phoenix Education Partners, Inc. will post 4.46 earnings per share for the current fiscal year.

Phoenix Education Partners News Roundup

Here are the key news stories impacting Phoenix Education Partners this week:

• Positive Sentiment: Morgan Stanley reduced its price target to $38 from $40 but maintained an “overweight” rating. The revised target still implies substantial upside from recent levels, signaling that the firm views the pullback as potentially attractive. Morgan Stanley price target report
• Neutral Sentiment: John Terrence Woods sold 850 shares for approximately $21,250 on October 12, following a larger sale of 19,453 shares for about $503,638 on October 9. Both transactions were conducted under a pre-arranged Rule 10b5-1 plan to cover tax withholding obligations tied to vested equity awards, which makes them less indicative of a negative outlook. SEC insider transaction filing
• Neutral Sentiment: A recent report highlights a critical survey involving Phoenix Education Partners and Nerdy, but the available headline provides no details on the survey’s findings or financial implications. Phoenix Education Partners and Nerdy survey
• Negative Sentiment: A separate report noted that PXED shares gapped down, reflecting recent selling pressure and weaker technical momentum. The stock’s position below its moving averages may be reinforcing investor caution. Phoenix Education Partners shares gap down

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Wellington Management Group LLP lifted its stake in Phoenix Education Partners by 48.3% during the second quarter. Wellington Management Group LLP now owns 743,112 shares of the company’s stock worth $24,411,000 after purchasing an additional 241,997 shares during the last quarter. BlackRock Inc. bought a new stake in Phoenix Education Partners during the second quarter valued at $12,620,000. Bastion Asset Management Inc. acquired a new stake in shares of Phoenix Education Partners during the first quarter worth $2,085,000. Heartland Advisors Inc. acquired a new stake in shares of Phoenix Education Partners during the second quarter worth $2,398,000. Finally, PDT Partners LLC acquired a new stake in shares of Phoenix Education Partners during the second quarter worth $956,000.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on PXED. B. Riley Financial cut their target price on Phoenix Education Partners from $54.00 to $51.00 and set a “buy” rating on the stock in a research report on Tuesday, July 21st. Zacks Research raised shares of Phoenix Education Partners from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 1st. Jefferies Financial Group raised shares of Phoenix Education Partners to a “strong-buy” rating in a report on Wednesday, September 23rd. BMO Capital Markets reduced their price objective on shares of Phoenix Education Partners from $36.00 to $33.00 and set an “outperform” rating on the stock in a research note on Monday, October 5th. Finally, Weiss Ratings lowered shares of Phoenix Education Partners from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $40.60.

Phoenix Education Partners Company Profile

Phoenix Education Partners, Inc (NYSE: PXED) is an education company focused on providing higher education and career-oriented learning opportunities for working adults. Its principal institution is University of Phoenix, which offers programs designed to accommodate students balancing education with professional and personal responsibilities.

Through University of Phoenix, the company provides online and flexible learning options in areas such as business, education, health care, information technology, nursing, and criminal justice.