Bridgepoint Education, Inc. (NYSE:BPI) CEO Andrew S. Clark sold 54,075 shares of Bridgepoint Education stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $9.10, for a total value of $492,082.50. Following the transaction, the chief executive officer now directly owns 146,806 shares in the company, valued at $1,335,934.60. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Bridgepoint Education, Inc. (BPI) opened at $8.24 on Friday. Bridgepoint Education, Inc. has a 52 week low of $8.18 and a 52 week high of $15.85. The stock has a market capitalization of $270.17, a PE ratio of 13.62, a PEG ratio of 1.54 and a beta of 2.21.

Bridgepoint Education (NYSE:BPI) last issued its earnings results on Wednesday, October 25th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Bridgepoint Education had a return on equity of 12.78% and a net margin of 0.49%. The business had revenue of $119.40 million during the quarter, compared to analyst estimates of $121.95 million. During the same period in the previous year, the company posted $0.09 EPS. The firm’s revenue was down 12.6% compared to the same quarter last year. equities research analysts anticipate that Bridgepoint Education, Inc. will post 0.6 EPS for the current year.

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Institutional investors have recently modified their holdings of the stock. Campbell & CO Investment Adviser LLC bought a new stake in Bridgepoint Education in the 2nd quarter valued at about $152,000. American International Group Inc. increased its position in Bridgepoint Education by 7.1% in the 1st quarter. American International Group Inc. now owns 10,991 shares of the company’s stock valued at $117,000 after buying an additional 728 shares in the last quarter. Macquarie Group Ltd. bought a new stake in Bridgepoint Education in the 3rd quarter valued at about $108,000. Alliancebernstein L.P. bought a new stake in Bridgepoint Education in the 2nd quarter valued at about $176,000. Finally, Highbridge Capital Management LLC bought a new stake in Bridgepoint Education in the 3rd quarter valued at about $122,000. 91.33% of the stock is owned by institutional investors and hedge funds.

Several research analysts have commented on the company. Zacks Investment Research downgraded Bridgepoint Education from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th. Piper Jaffray Companies reissued a “hold” rating and issued a $14.00 price objective on shares of Bridgepoint Education in a research note on Friday, July 28th. BidaskClub downgraded Bridgepoint Education from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Finally, ValuEngine raised Bridgepoint Education from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $13.00.

About Bridgepoint Education

Bridgepoint Education, Inc (Bridgepoint) is a provider of postsecondary education services. The Company’s academic institutions include Ashford University and University of the Rockies. Bridgepoint’s institutions conduct ongoing faculty and student assessment processes, and provide a range of student services.

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