Strategic Education, Inc. (NASDAQ:STRA) Shares Sold by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL trimmed its holdings in shares of Strategic Education, Inc. (NASDAQ:STRA - Free Report) by 74.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,962 shares of the health services provider's stock after selling 44,428 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.06% of Strategic Education worth $1,398,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Aquatic Capital Management LLC boosted its holdings in Strategic Education by 51.2% in the fourth quarter. Aquatic Capital Management LLC now owns 11,041 shares of the health services provider's stock worth $1,031,000 after acquiring an additional 3,741 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Strategic Education during the fourth quarter valued at $1,702,000. Oberweis Asset Management Inc. grew its holdings in shares of Strategic Education by 30.6% during the fourth quarter. Oberweis Asset Management Inc. now owns 134,500 shares of the health services provider's stock valued at $12,565,000 after buying an additional 31,500 shares during the last quarter. Van Lanschot Kempen Investment Management N.V. grew its holdings in shares of Strategic Education by 12.9% during the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 618,286 shares of the health services provider's stock valued at $57,760,000 after buying an additional 70,743 shares during the last quarter. Finally, MetLife Investment Management LLC grew its holdings in shares of Strategic Education by 5.8% during the fourth quarter. MetLife Investment Management LLC now owns 13,588 shares of the health services provider's stock valued at $1,269,000 after buying an additional 749 shares during the last quarter. 93.27% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Strategic Education news, CEO Raymond Karl Mcdonnell sold 31,855 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $97.83, for a total transaction of $3,116,374.65. Following the sale, the chief executive officer now directly owns 140,281 shares in the company, valued at $13,723,690.23. This represents a 18.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Lizette Benedi Herraiz sold 1,452 shares of the firm's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $82.21, for a total transaction of $119,368.92. Following the completion of the sale, the general counsel now owns 61,716 shares in the company, valued at $5,073,672.36. The trade was a 2.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 40,826 shares of company stock valued at $3,945,093. Company insiders own 3.30% of the company's stock.

Strategic Education Price Performance

NASDAQ STRA traded up $1.06 during trading hours on Friday, hitting $89.26. 221,060 shares of the company's stock traded hands, compared to its average volume of 154,535. Strategic Education, Inc. has a 52-week low of $74.28 and a 52-week high of $121.68. The company has a market capitalization of $2.16 billion, a PE ratio of 17.00, a PEG ratio of 1.22 and a beta of 0.52. The firm's 50-day moving average is $81.79 and its 200-day moving average is $90.93.

Strategic Education (NASDAQ:STRA - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The health services provider reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.29. The business had revenue of $303.59 million during the quarter, compared to analysts' expectations of $300.67 million. Strategic Education had a net margin of 10.44% and a return on equity of 7.61%. The business's revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.11 EPS. Equities research analysts predict that Strategic Education, Inc. will post 4.79 earnings per share for the current fiscal year.

Strategic Education Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Friday, May 23rd will be given a dividend of $0.60 per share. The ex-dividend date is Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.69%. Strategic Education's payout ratio is currently 51.28%.

Analyst Ratings Changes

A number of research analysts have weighed in on STRA shares. BMO Capital Markets upped their price objective on shares of Strategic Education from $97.00 to $98.00 and gave the stock an "outperform" rating in a research report on Monday, April 28th. Barrington Research restated an "outperform" rating and set a $120.00 price target on shares of Strategic Education in a research report on Tuesday, April 15th. Truist Financial set a $105.00 price target on shares of Strategic Education in a research report on Thursday, April 24th. Finally, StockNews.com upgraded shares of Strategic Education from a "hold" rating to a "buy" rating in a research report on Friday, April 25th.

Strategic Education Profile

Strategic Education, Inc, through its subsidiaries, provides education services through campus-based and online post-secondary education, and programs to develop job-ready skills. The company operates through U.S. Higher Education, Australia/New Zealand, and Education Technology Services segments. It operates Strayer University that offers undergraduate and graduate degree programs in business, criminal justice, education, health services, information technology, and public administration at physical campuses located in the eastern United States, as well as through online; non-degree web and mobile application development courses through Hackbright Academy and Devmountain; and MBA online through its Jack Welch Management Institute.