Grand Canyon Education, Inc. (NASDAQ:LOPE) Shares Purchased by DGS Capital Management LLC

DGS Capital Management LLC boosted its stake in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) by 7.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,942 shares of the company’s stock after purchasing an additional 201 shares during the period. DGS Capital Management LLC’s holdings in Grand Canyon Education were worth $388,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Quarry LP purchased a new position in Grand Canyon Education during the first quarter worth approximately $33,000. Cornerstone Planning Group LLC purchased a new position in shares of Grand Canyon Education in the 2nd quarter valued at $33,000. CWM LLC raised its stake in shares of Grand Canyon Education by 98.4% in the 3rd quarter. CWM LLC now owns 373 shares of the company’s stock valued at $44,000 after acquiring an additional 185 shares during the period. NewEdge Advisors LLC increased its stake in Grand Canyon Education by 182.3% during the 1st quarter. NewEdge Advisors LLC now owns 463 shares of the company’s stock worth $53,000 after buying an additional 299 shares during the period. Finally, Financial Management Professionals Inc. increased its stake in Grand Canyon Education by 4,480.0% during the 3rd quarter. Financial Management Professionals Inc. now owns 458 shares of the company’s stock worth $54,000 after buying an additional 448 shares during the period. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Barrington Research lifted their price target on shares of Grand Canyon Education from $150.00 to $160.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 14th.

Insiders Place Their Bets

In other news, CTO Dilek Marsh sold 1,500 shares of Grand Canyon Education stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $132.65, for a total value of $198,975.00. Following the completion of the transaction, the chief technology officer now directly owns 25,674 shares of the company’s stock, valued at approximately $3,405,656.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.00% of the stock is owned by company insiders.

Grand Canyon Education Price Performance

Shares of LOPE stock opened at $130.76 on Wednesday. The firm has a market cap of $3.93 billion, a P/E ratio of 19.23, a P/E/G ratio of 1.13 and a beta of 0.59. Grand Canyon Education, Inc. has a 1-year low of $99.65 and a 1-year high of $144.94. The firm has a fifty day moving average of $132.89 and a two-hundred day moving average of $130.67.

Grand Canyon Education (NASDAQ:LOPE) last announced its quarterly earnings data on Tuesday, February 13th. The company reported $2.77 earnings per share for the quarter, topping the consensus estimate of $2.72 by $0.05. The company had revenue of $278.28 million during the quarter, compared to analyst estimates of $275.00 million. Grand Canyon Education had a net margin of 21.33% and a return on equity of 31.75%. On average, sell-side analysts expect that Grand Canyon Education, Inc. will post 7.65 EPS for the current year.

Grand Canyon Education Profile

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.