Laureate Education (NASDAQ:LAUR) Trading Down 4.4% - Should You Sell?

Laureate Education, Inc. (NASDAQ:LAUR - Get Free Report)'s share price fell 4.4% during mid-day trading on Monday . The company traded as low as $21.96 and last traded at $21.34. 20,700 shares were traded during mid-day trading, a decline of 97% from the average session volume of 736,469 shares. The stock had previously closed at $22.31.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on LAUR. BMO Capital Markets lifted their target price on shares of Laureate Education from $23.00 to $24.00 and gave the stock an "outperform" rating in a research note on Monday, May 5th. Wall Street Zen upgraded shares of Laureate Education from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd.

Laureate Education Stock Down 1.7%

The business's 50 day moving average is $21.01 and its 200 day moving average is $19.79. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of 11.30 and a beta of 0.62. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63.

Insider Activity

In other news, Director Ian Kendell Snow sold 520,831 shares of the company's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $17.47, for a total value of $9,098,917.57. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.20% of the company's stock.

Institutional Trading of Laureate Education

Large investors have recently made changes to their positions in the business. Blue Trust Inc. purchased a new stake in shares of Laureate Education in the 1st quarter valued at $62,000. J.Safra Asset Management Corp lifted its stake in shares of Laureate Education by 34.4% in the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock valued at $61,000 after purchasing an additional 866 shares during the period. Avanza Fonder AB acquired a new position in shares of Laureate Education in the 1st quarter valued at $93,000. CWM LLC lifted its stake in shares of Laureate Education by 260.1% in the 1st quarter. CWM LLC now owns 4,901 shares of the company's stock valued at $100,000 after purchasing an additional 3,540 shares during the period. Finally, FNY Investment Advisers LLC acquired a new position in shares of Laureate Education in the 1st quarter valued at $102,000. 96.27% of the stock is owned by hedge funds and other institutional investors.

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.