Inspire Advisors LLC Has $700,000 Stock Position in Grand Canyon Education, Inc. $LOPE

Inspire Advisors LLC lessened its holdings in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) by 9.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,703 shares of the company’s stock after selling 405 shares during the quarter. Inspire Advisors LLC’s holdings in Grand Canyon Education were worth $700,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SVB Wealth LLC bought a new position in shares of Grand Canyon Education during the 1st quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in Grand Canyon Education during the 1st quarter valued at $35,000. WPG Advisers LLC acquired a new stake in Grand Canyon Education during the 1st quarter valued at $44,000. IFP Advisors Inc boosted its position in Grand Canyon Education by 2,172.7% during the second quarter. IFP Advisors Inc now owns 250 shares of the company’s stock worth $47,000 after purchasing an additional 239 shares during the period. Finally, Bayforest Capital Ltd acquired a new position in shares of Grand Canyon Education in the first quarter valued at $75,000. Institutional investors own 94.17% of the company’s stock.

Grand Canyon Education Stock Performance

Shares of Grand Canyon Education stock opened at $164.02 on Wednesday. The firm has a 50-day moving average of $201.76 and a 200-day moving average of $193.36. Grand Canyon Education, Inc. has a 52-week low of $153.82 and a 52-week high of $223.04. The stock has a market cap of $4.59 billion, a PE ratio of 19.86, a PEG ratio of 1.50 and a beta of 0.74.

Grand Canyon Education (NASDAQ:LOPE) last released its quarterly earnings results on Wednesday, November 5th. The company reported $1.78 EPS for the quarter, hitting analysts’ consensus estimates of $1.78. The business had revenue of $261.14 million for the quarter, compared to analyst estimates of $259.97 million. Grand Canyon Education had a net margin of 22.15% and a return on equity of 31.50%. Grand Canyon Education’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period last year, the firm earned $1.48 earnings per share. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS. Q4 2025 guidance at 3.130-3.240 EPS. Equities research analysts predict that Grand Canyon Education, Inc. will post 8.81 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on LOPE. Wall Street Zen lowered shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Barrington Research reiterated an “outperform” rating and issued a $230.00 price target on shares of Grand Canyon Education in a research note on Tuesday, October 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Grand Canyon Education in a report on Monday. Finally, Zacks Research cut Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

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.