Laureate Education (NASDAQ:LAUR) Reaches New 12-Month High - What's Next?

Laureate Education, Inc. (NASDAQ:LAUR - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The company traded as high as $20.17 and last traded at $19.91, with a volume of 37950 shares. The stock had previously closed at $19.86.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets lifted their price objective on shares of Laureate Education from $17.00 to $20.00 and gave the stock an "outperform" rating in a research report on Friday, November 1st.

Laureate Education Trading Up 0.6 %

The business's 50-day simple moving average is $18.78 and its 200-day simple moving average is $17.23. The company has a market cap of $3.03 billion, a PE ratio of 12.73 and a beta of 0.84. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15.

Insider Buying and Selling

In other Laureate Education news, Director Corro Pedro Del sold 25,000 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $19.58, for a total transaction of $489,500.00. Following the transaction, the director now directly owns 29,686 shares of the company's stock, valued at $581,251.88. This represents a 45.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 2.32% of the stock is owned by corporate insiders.

Institutional Trading of Laureate Education

Several large investors have recently made changes to their positions in the stock. Van ECK Associates Corp lifted its holdings in Laureate Education by 51.0% in the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company's stock worth $36,000 after purchasing an additional 763 shares during the last quarter. J.Safra Asset Management Corp lifted its stake in shares of Laureate Education by 34.4% in the fourth quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock worth $61,000 after buying an additional 866 shares during the last quarter. KBC Group NV boosted its holdings in shares of Laureate Education by 62.3% during the 3rd quarter. KBC Group NV now owns 4,075 shares of the company's stock worth $68,000 after buying an additional 1,564 shares during the period. New York State Teachers Retirement System acquired a new position in Laureate Education in the 3rd quarter valued at $95,000. Finally, Parkside Financial Bank & Trust raised its holdings in Laureate Education by 10.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock worth $128,000 after acquiring an additional 673 shares during the period. Institutional investors own 96.27% of the company's stock.

About Laureate Education

Laureate Education, Inc, together with its subsidiaries, offers higher education programs and services to students through a network of universities and higher education institutions. The company provides 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.