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Taking a look at what insiders are doing to gauge the Strategic Education Inc (STRA)’s direction

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Strategic Education Inc shares valued at $49,329,768 were purchased by Inclusive Capital Partners, L. on Sep 16 ’24. At $94.13 per share, Inclusive Capital Partners, L. acquired 524,060 shares.

Also, HERRAIZ LIZETTE BENEDI sold 2,183 shares, netting a total of over 203,179 in proceeds. Following the sale of shares at $93.07 each, the insider now holds 55,500 shares.

Before that, LIZETTE BENEDI HERRAIZ had added 2,183 shares to its account. In a trade valued at $203,187, the Officer bought Strategic Education Inc shares for $93.08 each.

As published in a research note from Truist on April 17, 2024, Strategic Education Inc [STRA] has been rated up from a Hold to a Buy and the price target has been revised to $125 from $110. Analysts at BofA Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid August. As of May 26, 2023, Truist has initiated its “Hold” rating for STRA.

Analyzing STRA Stock Performance

During the last five days, there has been a surge of approximately 4.23%. Over the course of the year, Strategic Education Inc shares have jumped approximately 7.78%. Shares of the company reached a 52-week high of $123.62 on 05/06/24 and a 52-week low of $85.11 on 10/22/24. A 50-day SMA is recorded $91.65, while a 200-day SMA reached $102.13. Nevertheless, trading volume fell to 0.11 million shares from 0.25 million shares the previous day.

Support And Resistance Levels for Strategic Education Inc (STRA)

According to the 24-hour chart, there is a support level at 98.52, which, if violated, would cause prices to drop to 97.47. In the upper region, resistance lies at 100.24. The next price resistance is at 100.91. RSI (Relative Strength Index) is 66.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.71, which suggests the price will increase in the coming days. Percent R is at 21.31%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

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