Laureate Education Inc’s recently made public that its Director del Corro Pedro unloaded Company’s shares for reported $0.31 million on Mar 05 ’24. In the deal valued at $12.62 per share,24,343 shares were sold. As a result of this transaction, del Corro Pedro now holds 0 shares worth roughly $0.0.
Then, del Corro Pedro sold 1,086 shares, generating $13,705 in total proceeds. Upon selling the shares at $12.62, the Director now owns 46,729 shares.
Before that, Wengen Alberta, LP sold 200 shares. Laureate Education Inc shares valued at $2,650 were divested by the 10% Owner at a price of $13.25 per share. As a result of the transaction, Wengen Alberta, LP now holds 18,405,416 shares, worth roughly $257.49 million.
Jefferies initiated its Laureate Education Inc [LAUR] rating to a Buy in a research note published on October 06, 2023; the price target was $20. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early August from “an Equal-weight” to “an Overweight”. Morgan Stanley also remained covering LAUR and has decreased its forecast on May 08, 2023 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Morgan Stanley revised its rating on June 24, 2020. It rated LAUR as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of LAUR
On Monday, Laureate Education Inc [NASDAQ:LAUR] saw its stock fall -2.51% to $13.99. Over the last five days, the stock has lost -5.41%. Laureate Education Inc shares have risen nearly 2.04% since the year began. Nevertheless, the stocks have risen 23.90% over the past one year. While a 52-week high of $14.91 was reached on 04/05/24, a 52-week low of $10.76 was recorded on 01/11/24. SMA at 50 days reached $13.68, while 200 days put it at $13.52. A total of 1.0 million shares were traded, compared to the trading of 0.47 million shares in the previous session.
Levels Of Support And Resistance For LAUR Stock
The 24-hour chart illustrates a support level at 13.81, which if violated will result in even more drops to 13.63. On the upside, there is a resistance level at 14.30. A further resistance level may holdings at 14.62. The Relative Strength Index (RSI) on the 14-day chart is 44.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.87%. Stochastics %K at 39.03% indicates the stock is a holding.
