Strategic Education (NASDAQ:STRA) Director William Slocum Buys 1,000 Shares of Company Stock

Strategic Education Inc. (NASDAQ:STRA) Director William Slocum acquired 1,000 shares of the firm’s stock in a transaction on Friday, November 6th. The stock was purchased at an average price of $52.00 per share, for a total transaction of $52,000.00. Following the transaction, the director directly owned 8,815 shares of the company’s stock, valued at approximately $458,380. This trade represents a 12.80% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Strategic Education Trading Up 3.1%

Strategic Education stock opened at $54.59 on Wednesday. The firm has a market cap of $1.19 billion, a P/E ratio of 321.12, a P/E/G ratio of 0.73 and a beta of 0.51. Strategic Education Inc. has a 1-year low of $50.70 and a 1-year high of $89.73. The firm has a 50-day moving average of $77.73 and a 200-day moving average of $79.71.

Strategic Education (NASDAQ:STRA) last released its quarterly earnings results on Thursday, November 5th. The health services provider reported $1.72 EPS for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.23). Strategic Education had a net margin of 0.74% and a return on equity of 9.13%. The business had revenue of $325.07 million for the quarter, compared to the consensus estimate of $326.55 million. During the same period in the previous year, the company earned $1.64 EPS. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. Research analysts forecast that Strategic Education Inc. will post 7.25 earnings per share for the current fiscal year.

Strategic Education Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 7th. Investors of record on Monday, November 30th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Monday, November 30th. Strategic Education’s dividend payout ratio is currently 1,411.76%.

Key Strategic Education News

Here are the key news stories impacting Strategic Education this week:

• Positive Sentiment: Two directors reported buying shares in multiple transactions from November 6–10. Michael Thawley bought 1,890 shares and William J. Slocum bought 1,250 shares; together, their purchases totaled 3,140 shares for about $163,000. Insider purchases can signal confidence, though they do not guarantee improved business results. SEC filing for Thawley purchases SEC filing for Slocum purchases
• Neutral Sentiment: A report listed short interest at zero shares and days to cover at zero. That indicates no reported short position in the data, but the entry’s description of a “large increase” conflicts with its figures.
• Negative Sentiment: Wall Street Zen and Barrington Research moved their ratings to “Hold,” and another report says sell-side analysts now rate STRA “Hold.” The change may limit expectations for near-term upside, although the articles provide no new company-specific fundamentals. Wall Street Zen rating Barrington Research rating Sell-side analyst ratings

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. BMO Capital Markets lowered shares of Strategic Education from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $95.00 to $66.00 in a report on Friday. Truist Financial boosted their price target on shares of Strategic Education from $80.00 to $90.00 and gave the company a “hold” rating in a research report on Thursday, July 30th. William Blair lowered shares of Strategic Education to a “market perform” rating in a report on Friday. Barrington Research cut Strategic Education from an “outperform” rating to a “hold” rating in a research report on Friday, November 6th. Finally, Weiss Ratings downgraded Strategic Education from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, October 28th. Six investment analysts have rated the stock with a Hold rating. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $87.00.

Institutional Investors Weigh In On Strategic Education

Hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of Strategic Education in the 2nd quarter worth approximately $291,189,000. Dimensional Fund Advisors LP grew its position in Strategic Education by 0.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,458,740 shares of the health services provider’s stock valued at $121,017,000 after purchasing an additional 7,346 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Strategic Education by 30.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 454,509 shares of the health services provider’s stock valued at $37,706,000 after purchasing an additional 106,487 shares in the last quarter. Algert Global LLC increased its stake in Strategic Education by 26.6% during the 2nd quarter. Algert Global LLC now owns 275,342 shares of the health services provider’s stock valued at $21,097,000 after purchasing an additional 57,824 shares in the last quarter. Finally, Public Sector Pension Investment Board raised its holdings in Strategic Education by 10.8% in the third quarter. Public Sector Pension Investment Board now owns 263,439 shares of the health services provider’s stock worth $21,863,000 after buying an additional 25,658 shares during the last quarter. Institutional investors own 93.27% of the company’s stock.

Strategic Education Company Profile

Strategic Education, Inc. is an education services company that provides postsecondary programs and workforce-focused learning services. Its U.S. institutions include Strayer University and Capella University, which offer undergraduate and graduate programs in fields such as business, technology, health care and education through online and campus-based instruction. Outside the United States, the company operates Torrens University Australia and other education institutions serving students in Australia and New Zealand.