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

Laureate Education, Inc. (NASDAQ:LAUR – Get Rating) Director Cohen Steven A/Sac Capital Mgm sold 114,889 shares of the firm’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 transaction of $1,315,479.05. Following the transaction, the director now directly owns 250,000 shares of the company’s stock, valued at approximately $2,862,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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 shares were sold at an average price of $11.23, for a total transaction of $2,672,459.25.

Shares of LAUR traded up $0.15 on Thursday, hitting $10.95. 1,570,626 shares of the stock traded hands, compared to its average volume of 1,421,397. The company has a market capitalization of $1.89 billion, a PE ratio of 6.39 and a beta of 0.80. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.15 and a current ratio of 1.15. The business has a 50 day simple moving average of $11.98 and a 200 day simple moving average of $11.93. Laureate Education, Inc. has a one year low of $9.41 and a one year high of $19.02.

Several institutional investors and hedge funds have recently made changes to their positions in LAUR. Kohlberg Kravis Roberts & Co. L.P. grew its position in Laureate Education by 264.9% in the 4th quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 32,842,183 shares of the company’s stock worth $401,988,000 after purchasing an additional 23,842,575 shares during the period. Vanguard Group Inc. grew its position in Laureate Education by 80.4% in the 1st quarter. Vanguard Group Inc. now owns 10,900,035 shares of the company’s stock worth $129,165,000 after purchasing an additional 4,858,080 shares during the period. BlackRock Inc. grew its position in Laureate Education by 7.6% in the 1st quarter. BlackRock Inc. now owns 7,298,312 shares of the company’s stock worth $86,487,000 after purchasing an additional 512,549 shares during the period. Van Berkom & Associates Inc. grew its position in Laureate Education by 5.1% in the 4th quarter. Van Berkom & Associates Inc. now owns 6,195,060 shares of the company’s stock worth $75,828,000 after purchasing an additional 302,085 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in Laureate Education by 13.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,304,619 shares of the company’s stock worth $51,013,000 after purchasing an additional 511,333 shares during the period. 72.85% of the stock is owned by institutional investors.

Separately, Morgan Stanley raised their target price on shares of Laureate Education from $15.10 to $15.50 and gave the company an “overweight” rating in a research note on Tuesday, May 31st.

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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