Barrington Research restated their outperform rating on shares of Grand Canyon Education (NASDAQ:LOPE – Free Report) in a report issued on Monday morning,Benzinga reports. The firm currently has a $180.00 target price on the stock.
LOPE has been the topic of several other research reports. BMO Capital Markets increased their price objective on Grand Canyon Education from $152.00 to $173.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Robert W. Baird increased their target price on Grand Canyon Education from $170.00 to $186.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, StockNews.com cut Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Friday, November 15th.
Read Our Latest Research Report on Grand Canyon Education
Grand Canyon Education Stock Down 0.3 %
Grand Canyon Education (NASDAQ:LOPE – Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.01. Grand Canyon Education had a return on equity of 31.01% and a net margin of 22.09%. The company had revenue of $238.30 million for the quarter, compared to analysts’ expectations of $239.69 million. During the same quarter in the prior year, the firm earned $1.26 earnings per share. Grand Canyon Education’s revenue was up 7.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Grand Canyon Education will post 8.03 EPS for the current fiscal year.
Insider Buying and Selling at Grand Canyon Education
In other news, CTO Dilek Marsh sold 1,500 shares of the stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $166.07, for a total transaction of $249,105.00. Following the completion of the sale, the chief technology officer now owns 21,174 shares in the company, valued at approximately $3,516,366.18. This represents a 6.62 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 2.00% of the company’s stock.
Institutional Trading of Grand Canyon Education
Hedge funds and other institutional investors have recently made changes to their positions in the business. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Grand Canyon Education during the 3rd quarter valued at $1,867,000. Thrivent Financial for Lutherans lifted its holdings in shares of Grand Canyon Education by 4.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 423,633 shares of the company’s stock valued at $60,092,000 after purchasing an additional 19,577 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of Grand Canyon Education by 9.2% during the 3rd quarter. Sanctuary Advisors LLC now owns 2,483 shares of the company’s stock valued at $352,000 after purchasing an additional 209 shares during the last quarter. Icon Wealth Advisors LLC lifted its holdings in shares of Grand Canyon Education by 113.7% during the 3rd quarter. Icon Wealth Advisors LLC now owns 9,213 shares of the company’s stock valued at $1,307,000 after purchasing an additional 4,901 shares during the last quarter. Finally, Raymond James & Associates lifted its holdings in shares of Grand Canyon Education by 9.8% during the 3rd quarter. Raymond James & Associates now owns 66,160 shares of the company’s stock valued at $9,385,000 after purchasing an additional 5,902 shares during the last quarter. Hedge funds and other institutional investors own 94.17% of the company’s stock.
About Grand Canyon Education
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.
Featured Stories
- Five stocks we like better than Grand Canyon Education
- Why is the Ex-Dividend Date Significant to Investors?
- Sizing Up a New Opportunity for NVIDIA Investors
- Insider Trades May Not Tell You What You Think
- Is DeepSeek Challenging NVIDIA’s AI Dominance?
- Top Stocks Investing in 5G Technology
- The 3 Biggest M&A Stock Opportunities for 2025
Receive News & Ratings for Grand Canyon Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grand Canyon Education and related companies with MarketBeat.com's FREE daily email newsletter.