Strategic Education (NASDAQ:STRA – Get Free Report) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports. Zacks Research also issued estimates for Strategic Education’s Q2 2027 earnings at $2.03 EPS.
STRA has been the subject of several other research reports. Wall Street Zen raised shares of Strategic Education from a “hold” rating to a “buy” rating in a research report on Sunday. Barrington Research dropped their price target on shares of Strategic Education from $105.00 to $95.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Strategic Education in a research report on Tuesday, April 21st. BMO Capital Markets dropped their price target on shares of Strategic Education from $95.00 to $86.00 and set an “outperform” rating for the company in a research report on Monday, April 27th. Finally, Truist Financial dropped their price target on shares of Strategic Education from $85.00 to $80.00 and set a “hold” rating for the company in a research report on Monday, April 27th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $87.00.
View Our Latest Report on STRA
Strategic Education Stock Performance
Strategic Education (NASDAQ:STRA – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The health services provider reported $1.42 earnings per share for the quarter, missing the consensus estimate of $1.51 by ($0.09). The firm had revenue of $305.93 million for the quarter, compared to analysts’ expectations of $329.81 million. Strategic Education had a net margin of 10.21% and a return on equity of 8.78%. The company’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the company earned $1.30 EPS. On average, equities research analysts forecast that Strategic Education will post 7.2 earnings per share for the current fiscal year.
Insider Transactions at Strategic Education
In related news, Chairman Robert S. Silberman bought 718 shares of the company’s stock in a transaction dated Friday, March 13th. The stock was purchased at an average cost of $80.82 per share, with a total value of $58,028.76. Following the transaction, the chairman owned 319,870 shares in the company, valued at approximately $25,851,893.40. This trade represents a 0.22% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael Thawley bought 665 shares of the company’s stock in a transaction dated Friday, April 24th. The stock was bought at an average cost of $72.71 per share, with a total value of $48,352.15. Following the completion of the transaction, the director owned 12,154 shares in the company, valued at approximately $883,717.34. This trade represents a 5.79% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.60% of the company’s stock.
Institutional Investors Weigh In On Strategic Education
Several institutional investors and hedge funds have recently modified their holdings of STRA. Axiom Investment Management LLC purchased a new stake in shares of Strategic Education in the 1st quarter worth about $25,000. Allworth Financial LP lifted its position in shares of Strategic Education by 88.5% in the 3rd quarter. Allworth Financial LP now owns 294 shares of the health services provider’s stock worth $25,000 after purchasing an additional 138 shares during the period. Hantz Financial Services Inc. lifted its position in shares of Strategic Education by 154.2% in the 4th quarter. Hantz Financial Services Inc. now owns 333 shares of the health services provider’s stock worth $27,000 after purchasing an additional 202 shares during the period. Osaic Holdings Inc. lifted its position in shares of Strategic Education by 85.2% in the 2nd quarter. Osaic Holdings Inc. now owns 387 shares of the health services provider’s stock worth $33,000 after purchasing an additional 178 shares during the period. Finally, Sankala Group LLC purchased a new stake in shares of Strategic Education in the 4th quarter worth about $37,000. 93.27% of the stock is owned by hedge funds and other institutional investors.
About Strategic Education
Strategic Education, Inc is a publicly traded higher education services holding company headquartered in Herndon, Virginia. Through its primary operating subsidiaries, Strayer University and Capella University, the company delivers degree programs and professional development opportunities to working adults. Its offerings span undergraduate and graduate degrees, certificates, continuing education, and workforce training in fields such as business, technology, health services, education, and public administration.
Strayer University, with a network of physical campuses across the United States complemented by an online platform, provides associate’s through doctoral degrees designed to accommodate non-traditional students.
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