Cohen Steven A/Sac Capital Mgm Sells 114,889 Shares of Laureate Education, Inc. (NASDAQ:LAUR) Stock

Laureate Education, Inc. (NASDAQ:LAUR – Get Rating) Director Cohen Steven A/Sac Capital Mgm sold 114,889 shares of the company’s stock in a transaction that occurred on Tuesday, June 21st. The shares were sold at an average price of $11.45, for a total value of $1,315,479.05. Following the completion of the transaction, the director now owns 250,000 shares in the company, valued at approximately $2,862,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Cohen Steven A/Sac Capital Mgm also recently made the following trade(s):

• On Thursday, June 16th, Cohen Steven A/Sac Capital Mgm sold 237,975 shares of Laureate Education stock. The stock was sold at an average price of $11.23, for a total value of $2,672,459.25.

Shares of NASDAQ:LAUR traded up $0.15 during trading on Thursday, hitting $10.95. 1,570,626 shares of the company were exchanged, compared to its average volume of 1,421,397. The company has a market cap of $1.89 billion, a PE ratio of 6.39 and a beta of 0.80. The stock has a 50 day moving average of $11.98 and a 200 day moving average of $11.93. Laureate Education, Inc. has a 52-week low of $9.41 and a 52-week high of $19.02. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.15 and a quick ratio of 1.15.

Separately, Morgan Stanley increased their target price on Laureate Education from $15.10 to $15.50 and gave the stock an “overweight” rating in a research report on Tuesday, May 31st.

Several large investors have recently bought and sold shares of LAUR. Counterpoint Mutual Funds LLC bought a new position in shares of Laureate Education in the fourth quarter worth $31,000. Maverick Capital Ltd. bought a new position in shares of Laureate Education in the fourth quarter worth $64,000. Daiwa Securities Group Inc. increased its holdings in shares of Laureate Education by 34.0% in the fourth quarter. Daiwa Securities Group Inc. now owns 7,100 shares of the company’s stock worth $87,000 after purchasing an additional 1,800 shares during the period. Gladius Capital Management LP bought a new position in shares of Laureate Education in the first quarter worth $96,000. Finally, Robeco Institutional Asset Management B.V. bought a new position in shares of Laureate Education in the first quarter worth $116,000. Hedge funds and other institutional investors own 72.85% of the company’s stock.

About Laureate Education (Get Rating)

Laureate Education, Inc, together with its subsidiaries, provides higher education programs and services to students through a network of universities and higher education institutions. The company offers a range of undergraduate and graduate degree programs in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs.

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