Grand Canyon Education, Inc. $LOPE Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC trimmed its position in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 1.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 541,923 shares of the company’s stock after selling 7,770 shares during the period. Geode Capital Management LLC’s holdings in Grand Canyon Education were worth $102,437,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. SVB Wealth LLC acquired a new stake in shares of Grand Canyon Education in the 1st quarter worth $26,000. Caitong International Asset Management Co. Ltd purchased a new position in Grand Canyon Education during the first quarter worth about $35,000. IFP Advisors Inc lifted its position in Grand Canyon Education by 2,172.7% in the second quarter. IFP Advisors Inc now owns 250 shares of the company’s stock valued at $47,000 after purchasing an additional 239 shares during the period. WPG Advisers LLC purchased a new stake in Grand Canyon Education in the 1st quarter valued at approximately $44,000. Finally, Bayforest Capital Ltd acquired a new position in Grand Canyon Education during the 1st quarter worth approximately $75,000. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Grand Canyon Education Price Performance

NASDAQ LOPE opened at $157.88 on Friday. The business has a 50 day moving average price of $199.91 and a 200 day moving average price of $192.89. The company has a market capitalization of $4.42 billion, a P/E ratio of 19.11, a PEG ratio of 1.50 and a beta of 0.74. Grand Canyon Education, Inc. has a 1-year low of $153.82 and a 1-year high of $223.04.

Grand Canyon Education (NASDAQ:LOPE) last posted its earnings results on Wednesday, November 5th. The company reported $1.78 EPS for the quarter, hitting analysts’ consensus estimates of $1.78. Grand Canyon Education had a return on equity of 31.50% and a net margin of 22.15%.The company had revenue of $261.14 million for the quarter, compared to the consensus estimate of $259.97 million. During the same period in the previous year, the business earned $1.48 earnings per share. Grand Canyon Education’s quarterly revenue was up 9.6% compared to the same quarter last year. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS. Q4 2025 guidance at 3.130-3.240 EPS. On average, research analysts expect that Grand Canyon Education, Inc. will post 8.81 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Grand Canyon Education in a research note on Monday. Wall Street Zen cut Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Zacks Research lowered shares of Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $230.00 price target on shares of Grand Canyon Education in a research note on Tuesday, October 21st. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Grand Canyon Education presently has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

Grand Canyon Education Company Profile

Grand Canyon Education, Inc provides education services to colleges and universities in the United States. It offers technology services, including learning management system, internal administration, infrastructure, and support services; academic services, such as program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support services comprising admission, financial aid, and field experience and other counseling services.