Laureate education VP Gerard Knauer sells $24,082 in stock

Published 28/02/2025, 01:52
Laureate education VP Gerard Knauer sells $24,082 in stock

Gerard M. Knauer, Vice President and Global Controller of Laureate Education, Inc. (NASDAQ:LAUR), recently executed a series of stock transactions involving the company’s common stock. The company, which has achieved a perfect Piotroski Score of 9 according to InvestingPro data, has seen its stock surge nearly 50% over the past year. On February 25, 2025, Knauer sold 1,250 shares for a total of $24,082, with prices ranging from $19.26 to $19.2684. This sale was conducted to cover the exercise price and taxes related to the exercise of stock options on the same date.

In addition to the sale, Knauer also acquired 1,976 shares through the exercise of stock options at a price of $7.64 per share, totaling $15,096. Following these transactions, Knauer holds 20,576 shares of Laureate Education directly.

In other recent news, Laureate Education Inc . reported a strong financial performance for the fourth quarter of 2024, with revenue reaching $1.567 billion and earnings per share at $1.92. The company achieved a historic high EBITDA margin of 28.7%, reflecting its robust operating results. For the full year, Laureate’s net income was $296 million, and adjusted EBITDA stood at $450 million. The company expanded its educational offerings by opening new medical, dental, and veterinary schools in Mexico and Peru, contributing to its revenue growth. Looking ahead to 2025, Laureate projects total enrollments to grow by 4-5%, with anticipated revenue between $1.545 billion and $1.570 billion. The company expects an adjusted EBITDA range of $467 million to $477 million, alongside a margin expansion of 150 basis points. Despite economic uncertainties in Mexico, Laureate’s strategic investments in digital education and campus expansions are positioning it well for future growth.

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