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Kathy J. Claypatch, the Chief Information Officer of Grand Canyon Education, Inc. (NASDAQ:LOPE), a $5.09 billion education services company with strong financial health according to InvestingPro analysis, recently sold 1,500 shares of the company’s common stock. The shares were sold at a weighted average price of $179.03 per share, resulting in a total transaction value of $268,545. This sale occurred on March 4, 2025, and follows a previous transaction on March 1, where 662 shares were disposed of to cover tax liabilities related to the vesting of restricted stock. After these transactions, Claypatch holds 7,618 shares directly. The stock has shown impressive momentum, gaining over 25% in the past six months and currently trading near its 52-week high of $192.18. Based on InvestingPro’s Fair Value analysis, the stock appears slightly overvalued at current levels. Discover 12 additional key insights about LOPE with an InvestingPro subscription.
In other recent news, Grand Canyon Education reported its fourth-quarter 2024 earnings, revealing an earnings per share (EPS) of $2.84, which fell short of the forecasted $2.91. Despite this, the company saw a 5.1% increase in service revenue, reaching $292.6 million year-over-year. The company’s operating income was reported at $100 million, with a net income of $81.9 million, representing a 1.4% increase from the previous year. Additionally, Grand Canyon Education announced the rollout of 148 new programs aimed at addressing labor market opportunities. The company continues to expand its hybrid campus locations, contributing to a 9.8% increase in hybrid campus enrollments. Analysts from Baird and BMO Capital Markets discussed the company’s growth strategies and regulatory environment, with optimism expressed about new student registrations and favorable court rulings supporting their nonprofit status. The company’s focus on expanding educational programs and maintaining competitive tuition rates has contributed to its sustained growth in a competitive education sector.
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