Strategic Education Inc (STRA) Insider Sells $623,050.00 in Stock

Strategic Education Inc (NASDAQ:STRA) insider J Kevin Gilligan sold 5,000 shares of the business’s stock in a transaction dated Thursday, November 1st. The stock was sold at an average price of $124.61, for a total transaction of $623,050.00. Following the transaction, the insider now owns 78,594 shares in the company, valued at $9,793,598.34. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

J Kevin Gilligan also recently made the following trade(s):

  • On Thursday, October 25th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $124.76, for a total transaction of $623,800.00.
  • On Thursday, October 18th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $130.40, for a total transaction of $652,000.00.
  • On Thursday, October 11th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $125.28, for a total transaction of $626,400.00.
  • On Thursday, October 4th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $131.66, for a total transaction of $658,300.00.
  • On Thursday, September 27th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $135.98, for a total transaction of $679,900.00.
  • On Thursday, September 20th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $134.62, for a total transaction of $673,100.00.
  • On Thursday, September 13th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The stock was sold at an average price of $135.33, for a total transaction of $676,650.00.
  • On Thursday, September 6th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The shares were sold at an average price of $135.32, for a total transaction of $676,600.00.
  • On Thursday, August 30th, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The shares were sold at an average price of $136.55, for a total transaction of $682,750.00.
  • On Thursday, August 23rd, J Kevin Gilligan sold 5,000 shares of Strategic Education stock. The shares were sold at an average price of $135.79, for a total transaction of $678,950.00.

Shares of STRA opened at $128.58 on Friday. Strategic Education Inc has a 52 week low of $80.75 and a 52 week high of $138.97. The stock has a market capitalization of $1.45 billion, a P/E ratio of 36.42, a P/E/G ratio of 2.93 and a beta of 1.03.

Strategic Education (NASDAQ:STRA) last announced its quarterly earnings results on Wednesday, August 1st. The health services provider reported $0.87 EPS for the quarter, beating the Zacks’ consensus estimate of $0.84 by $0.03. Strategic Education had a net margin of 3.14% and a return on equity of 18.39%. The business had revenue of $114.70 million for the quarter, compared to analyst estimates of $115.65 million. During the same quarter in the prior year, the business earned $0.92 EPS. Strategic Education’s quarterly revenue was up 1.8% on a year-over-year basis. Equities analysts forecast that Strategic Education Inc will post 4.39 earnings per share for the current year.

STRA has been the topic of a number of research reports. Barrington Research reiterated a “buy” rating and issued a $160.00 price target on shares of Strategic Education in a research note on Monday, October 1st. Piper Jaffray Companies reiterated an “overweight” rating and issued a $175.00 price target on shares of Strategic Education in a research note on Thursday, September 27th. ValuEngine lowered shares of Strategic Education from a “buy” rating to a “hold” rating in a research note on Tuesday, September 4th. BidaskClub upgraded shares of Strategic Education from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 18th. Finally, BMO Capital Markets upped their price target on shares of Strategic Education to $152.00 and gave the company an “outperform” rating in a research note on Friday, August 24th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $144.40.

A number of hedge funds and other institutional investors have recently bought and sold shares of STRA. Russell Investments Group Ltd. boosted its holdings in Strategic Education by 41.4% in the 1st quarter. Russell Investments Group Ltd. now owns 6,122 shares of the health services provider’s stock valued at $619,000 after purchasing an additional 1,791 shares during the period. Stifel Financial Corp boosted its holdings in Strategic Education by 30.7% in the 1st quarter. Stifel Financial Corp now owns 4,244 shares of the health services provider’s stock valued at $429,000 after purchasing an additional 997 shares during the period. Xact Kapitalforvaltning AB bought a new stake in Strategic Education in the 1st quarter valued at about $311,000. Dynamic Technology Lab Private Ltd bought a new stake in Strategic Education in the 1st quarter valued at about $281,000. Finally, Sawgrass Asset Management LLC bought a new stake in Strategic Education in the 2nd quarter valued at about $318,000. 99.93% of the stock is owned by hedge funds and other institutional investors.

About Strategic Education

Strategic Education, Inc, through its subsidiaries, provides a range of post-secondary education and other academic programs in the United States. The company operates Strayer University and Capella University that provide undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration, and criminal justice to working adult students through its 74 physical campuses primarily located in the Mid-Atlantic and Southern regions, as well as through online.

Read More: Return on Equity (ROE)

Insider Buying and Selling by Quarter for Strategic Education (NASDAQ:STRA)

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