Graham (NYSE:GHC) Sees Unusually-High Trading Volume - Time to Buy?

Shares of Graham Holdings (NYSE:GHC - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 26,007 shares were traded during trading, an increase of 67% from the previous session's volume of 15,611 shares.The stock last traded at $969.11 and had previously closed at $970.65.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Graham from a "buy" rating to a "strong-buy" rating in a research note on Saturday.

Graham Stock Down 2.1 %

The firm has a fifty day moving average price of $940.65 and a 200 day moving average price of $890.70. The company has a quick ratio of 1.34, a current ratio of 1.57 and a debt-to-equity ratio of 0.18. The company has a market cap of $4.13 billion, a P/E ratio of 18.65 and a beta of 1.12.

Graham Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 17th will be given a dividend of $1.80 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.76%. Graham's payout ratio is currently 4.37%.

Insider Activity

In other Graham news, CAO Marcel A. Snyman sold 159 shares of the company's stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $881.30, for a total transaction of $140,126.70. Following the transaction, the chief accounting officer now directly owns 442 shares in the company, valued at approximately $389,534.60. This represents a 26.46 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 20.50% of the stock is currently owned by insiders.

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Institutional Trading of Graham

A number of institutional investors have recently bought and sold shares of the business. Smartleaf Asset Management LLC grew its stake in shares of Graham by 55.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 31 shares of the company's stock worth $27,000 after purchasing an additional 11 shares during the period. Daiwa Securities Group Inc. raised its holdings in Graham by 558.3% in the third quarter. Daiwa Securities Group Inc. now owns 79 shares of the company's stock worth $65,000 after purchasing an additional 67 shares during the period. KBC Group NV boosted its position in shares of Graham by 36.5% during the fourth quarter. KBC Group NV now owns 142 shares of the company's stock worth $124,000 after purchasing an additional 38 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of Graham by 44.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 144 shares of the company's stock valued at $126,000 after buying an additional 44 shares in the last quarter. Finally, Principal Securities Inc. raised its stake in Graham by 30.0% during the 4th quarter. Principal Securities Inc. now owns 182 shares of the company's stock worth $159,000 after buying an additional 42 shares during the period. Institutional investors and hedge funds own 93.16% of the company's stock.

About Graham

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution.