Strayer Education Inc (NASDAQ:STRA) CAO Thomas J. Aprahamian sold 2,964 shares of the company’s stock in a transaction on Monday, March 5th. The shares were sold at an average price of $91.11, for a total value of $270,050.04. Following the completion of the transaction, the chief accounting officer now directly owns 13,980 shares in the company, valued at $1,273,717.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of Strayer Education Inc (NASDAQ STRA) traded up $0.01 on Wednesday, reaching $101.44. The company’s stock had a trading volume of 71,825 shares, compared to its average volume of 97,283. The firm has a market cap of $1,133.20, a P/E ratio of 55.96 and a beta of 0.92. Strayer Education Inc has a 12 month low of $75.84 and a 12 month high of $103.25.
Strayer Education (NASDAQ:STRA) last announced its quarterly earnings results on Thursday, March 1st. The health services provider reported $1.09 earnings per share for the quarter, missing the consensus estimate of $1.29 by ($0.20). Strayer Education had a return on equity of 17.75% and a net margin of 4.53%. The company had revenue of $118.70 million for the quarter, compared to analyst estimates of $121.50 million. During the same period in the prior year, the business posted $1.07 earnings per share. Strayer Education’s revenue for the quarter was down .4% on a year-over-year basis. equities research analysts anticipate that Strayer Education Inc will post 4.03 EPS for the current year.
Several large investors have recently bought and sold shares of the company. BlackRock Inc. grew its position in shares of Strayer Education by 2.7% during the 4th quarter. BlackRock Inc. now owns 1,326,663 shares of the health services provider’s stock valued at $118,843,000 after acquiring an additional 35,340 shares during the period. TimesSquare Capital Management LLC grew its position in shares of Strayer Education by 110.7% during the 4th quarter. TimesSquare Capital Management LLC now owns 550,270 shares of the health services provider’s stock valued at $49,293,000 after acquiring an additional 289,065 shares during the period. Burgundy Asset Management Ltd. grew its position in shares of Strayer Education by 40.9% during the 4th quarter. Burgundy Asset Management Ltd. now owns 483,142 shares of the health services provider’s stock valued at $43,280,000 after acquiring an additional 140,146 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Strayer Education by 0.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 442,903 shares of the health services provider’s stock valued at $38,653,000 after acquiring an additional 1,786 shares during the period. Finally, Goodnow Investment Group LLC grew its position in shares of Strayer Education by 2.1% during the 3rd quarter. Goodnow Investment Group LLC now owns 396,321 shares of the health services provider’s stock valued at $34,587,000 after acquiring an additional 8,210 shares during the period. Hedge funds and other institutional investors own 98.15% of the company’s stock.
Several research firms recently issued reports on STRA. BidaskClub downgraded Strayer Education from a “hold” rating to a “sell” rating in a research report on Friday, January 19th. ValuEngine downgraded Strayer Education from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Piper Jaffray Companies raised Strayer Education from a “neutral” rating to an “overweight” rating in a research report on Monday, March 5th. Zacks Investment Research downgraded Strayer Education from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 30th. Finally, First Analysis raised Strayer Education from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $105.00 to $112.00 in a research report on Sunday, March 4th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Strayer Education presently has a consensus rating of “Buy” and an average target price of $100.75.
Strayer Education Company Profile
Strayer Education, Inc is an education services holding company. The Company provides post-secondary education and other academic programs, through its subsidiaries, Strayer University (the University) and New York Code and Design Academy (NYCDA). As of December 31, 2016, the University offered undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration and criminal justice at 74 physical campuses located in the Mid-Atlantic and Southern regions of the United States, and online.
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