Gold bars to be exempt from tariffs, White House clarifies
Michael A. McRobbie, a director at Strategic Education, Inc. (NASDAQ:STRA), recently purchased 600 shares of the company’s common stock. The transaction, dated March 10, 2025, was executed at a price of $81.80 per share, amounting to a total investment of $49,080. Following this acquisition, McRobbie now holds 6,135 shares directly. The purchase comes as the stock trades near its 52-week low of $78.43, having declined about 21% over the past year. Strategic Education, headquartered in Herndon, Virginia, operates in the educational services sector. The company maintains strong financial health with more cash than debt on its balance sheet and has consistently paid dividends for 9 consecutive years. According to InvestingPro analysis, the stock currently appears undervalued, with 8 additional exclusive insights available to subscribers.
In other recent news, Strategic Education reported fourth-quarter earnings that did not meet analyst expectations, with adjusted earnings per share at $1.27, falling short of the $1.43 consensus. The company also posted revenue of $311.5 million, which was below the projected $315.58 million, despite a modest year-over-year increase of 2.9%. Strategic Education’s U.S. Higher Education segment experienced a 1.5% revenue decline to $214.3 million, although student enrollment rose by 3% to 88,860. In contrast, the Education Technology Services segment saw a significant 39.3% revenue increase, driven by Sophia Learning subscriptions and employer partnerships. For the full year 2024, revenue rose by 7.7% to $1.22 billion, with adjusted earnings per share increasing to $4.87 from $3.72 in 2023.
Truist Securities maintained a Buy rating on Strategic Education, citing a potential rebound opportunity due to the stock’s current valuation at a 43% discount compared to peers. The analysts noted that the stock’s recent 17% decline, following mixed fourth-quarter results, was an overreaction. Additionally, Strategic Education announced a change in its financial oversight, appointing Deloitte & Touche LLP as its new independent auditor for the fiscal year ending December 31, 2025. This decision followed a standard review process, with no reported disagreements on accounting principles with the previous auditor, PricewaterhouseCoopers LLP. The company’s 2024 annual report is now available online, and it has scheduled its 2025 Annual Meeting of Stockholders for April 23.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.