Laureate Education Inc (LAUR) Insider Sells $105,156.00 in Stock
Laureate Education Inc (NASDAQ:LAUR) insider Marcelo Cardoso sold 6,900 shares of the stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $15.24, for a total value of $105,156.00. Following the completion of the transaction, the insider now directly owns 24,037 shares in the company, valued at approximately $366,323.88. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
LAUR opened at $15.09 on Friday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.02 and a quick ratio of 1.02. Laureate Education Inc has a 12 month low of $12.90 and a 12 month high of $17.15. The firm has a market capitalization of $3.34 billion, a P/E ratio of 8.72, a PEG ratio of 2.77 and a beta of 0.41.
Laureate Education (NASDAQ:LAUR) last released its quarterly earnings data on Thursday, February 28th. The company reported $0.31 EPS for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.04. Laureate Education had a net margin of 9.66% and a return on equity of 5.73%. As a group, sell-side analysts forecast that Laureate Education Inc will post 0.45 earnings per share for the current fiscal year.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio increased its holdings in Laureate Education by 45.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 2,352 shares of the company’s stock worth $36,000 after purchasing an additional 735 shares in the last quarter. Amalgamated Bank increased its holdings in Laureate Education by 9.7% during the 4th quarter. Amalgamated Bank now owns 12,328 shares of the company’s stock worth $188,000 after purchasing an additional 1,087 shares in the last quarter. Citigroup Inc. increased its holdings in Laureate Education by 11.2% during the 4th quarter. Citigroup Inc. now owns 26,077 shares of the company’s stock worth $397,000 after purchasing an additional 2,632 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Laureate Education by 73.4% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,061 shares of the company’s stock worth $123,000 after purchasing an additional 3,413 shares in the last quarter. Finally, California Public Employees Retirement System increased its holdings in Laureate Education by 3.3% during the 4th quarter. California Public Employees Retirement System now owns 110,665 shares of the company’s stock worth $1,687,000 after purchasing an additional 3,501 shares in the last quarter. Institutional investors and hedge funds own 43.16% of the company’s stock.
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About Laureate Education
Laureate Education, Inc, together with its subsidiaries, provides higher education programs and services to students through universities and higher education institutions. It operates through six segments: Brazil, Mexico, Andean & Iberian, Central America & U.S. Campuses, EMEAA, and Online & Partnerships.
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