Monday, 20 May 2024


Laureate education director sells shares worth over $97,000 By

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In a recent transaction, Pedro del Corro, a director at Laureate Education, Inc. (NASDAQ:), sold 5,957 shares of the company’s common stock. The transaction, dated May 10, 2024, was executed at a price of $16.31 per share, amounting to a total value of $97,158.

This sale has adjusted del Corro’s direct holdings in the company to zero, as indicated by the Form 4 filing with the Securities and Exchange Commission. It is noteworthy that the shares sold were indirectly owned by del Corro’s spouse. Following this transaction, the updated filings did not reflect any direct ownership of common stock by del Corro in the educational services provider.

Laureate Education, Inc., headquartered in Baltimore, Maryland, operates as a global network of higher education institutions. The company, which was formerly known as Sylvan Learning Systems Inc., has a broad presence in the educational sector and is known for its commitment to academic innovation and excellence.

Investors often monitor insider transactions such as these for insights into executive sentiment on the health and future prospects of their companies. However, it’s important to note that insider transactions can be subject to various motivations and do not necessarily signal a clear directional trend for the stock’s future performance.

The details of the transaction were made public through the mandatory filing with the SEC, which provides transparency into the trading activities of a company’s directors and executive officers.

InvestingPro Insights

As investors dissect the recent insider transaction at Laureate Education, Inc. (NASDAQ:LAUR), it’s beneficial to consider the company’s financial health and performance metrics. According to InvestingPro data, Laureate Education is currently trading at a P/E ratio of 20.61, with an adjusted P/E ratio for the last twelve months as of Q1 2024 standing at 18.45. This suggests that the company is trading at a low P/E ratio relative to its near-term earnings growth, an InvestingPro Tip indicating potential undervaluation.

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Furthermore, the company has demonstrated solid revenue growth, with a 17.48% increase in the last twelve months as of Q1 2024, and a quarterly revenue growth of 9.6% for Q1 2024. These figures are a testament to the company’s expanding financial footprint in the education sector. Additionally, Laureate Education has a strong return over the last three…

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