Somewhat Positive Press Coverage Somewhat Unlikely to Impact Bridgepoint Education (BPI) Stock Price
Headlines about Bridgepoint Education (NYSE:BPI) have trended somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bridgepoint Education earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.570376377888 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news headlines that may have impacted Accern’s scoring:
- Insider Trading Activity Bridgepoint Education, Inc. (NYSE:BPI) – Director Sold 2,075,395 shares of Stock (4-traders.com)
- Bridgepoint Education, Inc. (BPI) Director Sells $18,678,555.00 in Stock (americanbankingnews.com)
- Bridgepoint Educ Has Returned 30.8% Since SmarTrend Recommendation (BPI) (mysmartrend.com)
- Insider Trading Activity Bridgepoint Education, Inc. (NYSE:BPI) – CEO Sold 54,075 shares of Stock (4-traders.com)
- Insider Selling: Bridgepoint Education, Inc. (BPI) CEO Sells 54,075 Shares of Stock (americanbankingnews.com)
Several equities analysts have recently commented on BPI shares. ValuEngine upgraded Bridgepoint Education from a “hold” rating to a “buy” rating in a research note on Friday, July 28th. BidaskClub cut Bridgepoint Education from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Zacks Investment Research upgraded Bridgepoint Education from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research note on Tuesday, May 2nd. Finally, Piper Jaffray Companies reiterated a “hold” rating and set a $16.00 target price on shares of Bridgepoint Education in a research note on Friday, July 21st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $14.00.
Bridgepoint Education (NYSE:BPI) traded up 0.92% during trading on Friday, hitting $8.75. The stock had a trading volume of 376,807 shares. The company’s 50-day moving average is $11.73 and its 200 day moving average is $11.96. The firm’s market cap is $254.52 million. Bridgepoint Education has a 52 week low of $5.38 and a 52 week high of $15.85.
Bridgepoint Education (NYSE:BPI) last issued its quarterly earnings results on Wednesday, July 26th. The company reported $0.21 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by $0.02. The business had revenue of $124.58 million during the quarter, compared to the consensus estimate of $127 million. Bridgepoint Education had a positive return on equity of 9.16% and a negative net margin of 1.39%. The business’s quarterly revenue was down 9.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.12 earnings per share. Equities analysts expect that Bridgepoint Education will post $0.64 EPS for the current fiscal year.
In other Bridgepoint Education news, CEO Andrew S. Clark sold 54,075 shares of Bridgepoint Education stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $8.83, for a total value of $477,482.25. Following the transaction, the chief executive officer now directly owns 146,806 shares of the company’s stock, valued at approximately $1,296,296.98. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Andrew S. Clark sold 54,076 shares of Bridgepoint Education stock in a transaction that occurred on Wednesday, June 14th. The stock was sold at an average price of $13.86, for a total value of $749,493.36. Following the completion of the transaction, the chief executive officer now directly owns 146,807 shares in the company, valued at $2,034,745.02. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,183,546 shares of company stock worth $19,905,531. Company insiders own 41.50% of the company’s stock.
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Bridgepoint Education Company Profile
Bridgepoint Education, Inc (Bridgepoint) is a provider of postsecondary education services. The Company’s academic institutions include Ashford University and University of the Rockies. Bridgepoint’s institutions conduct ongoing faculty and student assessment processes, and provide a range of student services.
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