Grand Canyon Education, Inc. (NASDAQ:LOPE – Get Free Report) CTO Dilek Marsh sold 1,500 shares of the company’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $141.23, for a total value of $211,845.00. Following the transaction, the chief technology officer now directly owns 22,674 shares in the company, valued at approximately $3,202,249.02. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Grand Canyon Education Trading Up 1.0 %
Grand Canyon Education stock opened at $142.78 on Friday. The firm has a market capitalization of $4.25 billion, a P/E ratio of 19.97, a PEG ratio of 1.16 and a beta of 0.69. The business has a 50-day moving average of $145.02 and a 200-day moving average of $140.12. Grand Canyon Education, Inc. has a 1 year low of $112.38 and a 1 year high of $157.53.
Grand Canyon Education (NASDAQ:LOPE – Get Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.17. The firm had revenue of $227.50 million during the quarter, compared to analysts’ expectations of $223.56 million. Grand Canyon Education had a net margin of 21.88% and a return on equity of 31.49%. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.01 earnings per share. Research analysts anticipate that Grand Canyon Education, Inc. will post 7.98 EPS for the current fiscal year.
Institutional Trading of Grand Canyon Education
Analyst Upgrades and Downgrades
LOPE has been the subject of several recent research reports. BMO Capital Markets boosted their price objective on Grand Canyon Education from $160.00 to $162.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Barrington Research reissued an “outperform” rating and set a $165.00 price target on shares of Grand Canyon Education in a research note on Friday. Finally, StockNews.com raised shares of Grand Canyon Education from a “hold” rating to a “buy” rating in a research note on Tuesday, September 17th.
Check Out Our Latest Stock Report on LOPE
Grand Canyon Education Company Profile
Grand Canyon Education, Inc provides education services to colleges and universities in the United States. It offers technology services, including learning management system, internal administration, infrastructure, and support services; academic services, such as program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support services comprising admission, financial aid, and field experience and other counseling services.
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