Strayer Education Inc (NASDAQ:STRA) insider J Kevin Gilligan sold 5,000 shares of the stock in a transaction dated Thursday, September 13th. The shares were sold at an average price of $135.33, for a total value of $676,650.00. Following the completion of the transaction, the insider now directly owns 118,544 shares in the company, valued at $16,042,559.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

J Kevin Gilligan also recently made the following trade(s):

  • On Thursday, September 6th, J Kevin Gilligan sold 5,000 shares of Strayer Education stock. The shares were sold at an average price of $135.32, for a total value of $676,600.00.
  • On Thursday, August 30th, J Kevin Gilligan sold 5,000 shares of Strayer Education stock. The shares were sold at an average price of $136.55, for a total value of $682,750.00.
  • On Thursday, August 23rd, J Kevin Gilligan sold 5,000 shares of Strayer Education stock. The shares were sold at an average price of $135.79, for a total value of $678,950.00.
  • On Monday, August 20th, J Kevin Gilligan sold 5,000 shares of Strayer Education stock. The shares were sold at an average price of $129.66, for a total value of $648,300.00.

Shares of STRA opened at $138.22 on Friday. Strayer Education Inc has a 52 week low of $80.75 and a 52 week high of $138.97. The stock has a market capitalization of $1.53 billion, a PE ratio of 44.44, a P/E/G ratio of 2.98 and a beta of 0.89.

Strayer Education (NASDAQ:STRA) last issued its earnings results on Wednesday, August 1st. The health services provider reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.03. Strayer Education had a return on equity of 18.39% and a net margin of 3.14%. The firm had revenue of $114.70 million for the quarter, compared to the consensus estimate of $115.65 million. During the same quarter in the prior year, the business earned $0.92 earnings per share. The company’s revenue was up 1.8% compared to the same quarter last year. research analysts expect that Strayer Education Inc will post 4.54 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 7th. Stockholders of record on Friday, August 31st were paid a $0.50 dividend. This is an increase from Strayer Education’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Thursday, August 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.45%. Strayer Education’s dividend payout ratio is presently 64.31%.

STRA has been the topic of a number of research reports. Zacks Investment Research lowered Strayer Education from a “buy” rating to a “hold” rating in a report on Friday, June 1st. Barrington Research assumed coverage on Strayer Education in a report on Tuesday, August 21st. They issued an “outperform” rating and a $160.00 price objective on the stock. ValuEngine downgraded Strayer Education from a “buy” rating to a “hold” rating in a research note on Tuesday, August 7th. BMO Capital Markets upped their target price on Strayer Education to $152.00 and gave the stock an “outperform” rating in a research note on Friday, August 24th. Finally, Piper Jaffray Companies upped their target price on Strayer Education to $165.00 and gave the stock an “overweight” rating in a research note on Thursday, August 2nd. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $142.40.

Several institutional investors and hedge funds have recently modified their holdings of STRA. Rhumbline Advisers boosted its stake in shares of Strayer Education by 2.4% in the first quarter. Rhumbline Advisers now owns 24,928 shares of the health services provider’s stock worth $2,519,000 after buying an additional 577 shares during the last quarter. Victory Capital Management Inc. boosted its position in Strayer Education by 26.6% during the first quarter. Victory Capital Management Inc. now owns 3,011 shares of the health services provider’s stock worth $304,000 after purchasing an additional 632 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Strayer Education by 19.3% during the first quarter. Envestnet Asset Management Inc. now owns 7,208 shares of the health services provider’s stock worth $728,000 after purchasing an additional 1,164 shares in the last quarter. Forsta AP Fonden purchased a new position in Strayer Education during the first quarter worth approximately $657,000. Finally, BlackRock Inc. boosted its position in Strayer Education by 1.3% during the first quarter. BlackRock Inc. now owns 1,344,459 shares of the health services provider’s stock worth $135,857,000 after purchasing an additional 17,796 shares in the last quarter. Hedge funds and other institutional investors own 99.92% of the company’s stock.

About Strayer Education

Strayer Education, Inc, through its subsidiaries, provides a range of post-secondary education and other academic programs in the United States. The company operates Strayer University that provides undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration, and criminal justice to working adult students through its 74 physical campuses primarily located in the Mid-Atlantic and Southern regions, as well as through online.

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Insider Buying and Selling by Quarter for Strayer Education (NASDAQ:STRA)

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