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 $285.1 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 jump 3.40% to $15.49. Over the last five days, the stock has gained 3.27%. Laureate Education Inc shares have risen nearly 12.98% since the year began. Nevertheless, the stocks have risen 38.12% over the past one year. While a 52-week high of $15.06 was reached on 05/06/24, a 52-week low of $10.76 was recorded on 01/11/24. SMA at 50 days reached $14.13, while 200 days put it at $13.68. A total of 0.73 million shares were traded, compared to the trading of 1.66 million shares in the previous session.
Levels Of Support And Resistance For LAUR Stock
The 24-hour chart illustrates a support level at 15.09, which if violated will result in even more drops to 14.69. On the upside, there is a resistance level at 15.71. A further resistance level may holdings at 15.92. The Relative Strength Index (RSI) on the 14-day chart is 66.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 1.55%. Stochastics %K at 82.77% indicates the stock is a selling.
