Laureate Education Inc’s recently made public that its VP, ACCTG, GLOBAL CONTROLLER Knauer Gerard M. unloaded Company’s shares for reported $20595.0 on Jun 03 ’24. In the deal valued at $15.78 per share,1,305 shares were sold. As a result of this transaction, Knauer Gerard M. now holds 16,628 shares worth roughly $0.26 million.
Then, del Corro Pedro sold 5,957 shares, generating $97,159 in total proceeds. Upon selling the shares at $16.31, the Director now owns 0 shares.
Before that, Snow Ian Kendell sold 2,114,928 shares. Laureate Education Inc shares valued at $30,962,546 were divested by the Director at a price of $14.64 per share. As a result of the transaction, Snow Ian Kendell now holds 0 shares, worth roughly $0.0.
Morgan Stanley downgraded its Laureate Education Inc [LAUR] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. Morgan Stanley also remained covering LAUR and has increased its forecast on August 07, 2023 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Morgan Stanley revised its rating on May 08, 2023. It rated LAUR as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of LAUR
On Monday, Laureate Education Inc [NASDAQ:LAUR] saw its stock fall -1.14% to $15.62. Over the last five days, the stock has lost -5.96%. Laureate Education Inc shares have risen nearly 13.93% since the year began. Nevertheless, the stocks have risen 21.49% over the past one year. While a 52-week high of $17.60 was reached on 08/01/24, a 52-week low of $11.91 was recorded on 01/11/24. SMA at 50 days reached $15.45, while 200 days put it at $14.52.
Levels Of Support And Resistance For LAUR Stock
The 24-hour chart illustrates a support level at 15.49, which if violated will result in even more drops to 15.36. On the upside, there is a resistance level at 15.75. A further resistance level may holdings at 15.88. The Relative Strength Index (RSI) on the 14-day chart is 44.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.82%. Stochastics %K at 8.43% indicates the stock is a buying.
How much short interest is there in Laureate Education Inc?
A steep rise in short interest was recorded in Laureate Education Inc stocks on 2024-09-13, dropping by -0.19 million shares to a total of 5.71 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 5.89 million shares. There was a decline of -3.24%, which implies that there is a negative sentiment for the stock.