Insider Selling: David Pauldine Sells 13,375 Shares of DeVry Stock (DV)
DeVry (NYSE:DV) EVP David Pauldine sold 13,375 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $37.84, for a total transaction of $506,110.00. Following the sale, the executive vice president now directly owns 24,189 shares of the company’s stock, valued at approximately $915,312. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
DeVry (NYSE:DV) traded up 3.32% on Tuesday, hitting $38.30. 1,295,690 shares of the company’s stock traded hands. DeVry has a one year low of $18.61 and a one year high of $34.51. The stock has a 50-day moving average of $30.26 and a 200-day moving average of $30.48. The company has a market cap of $2.420 billion and a price-to-earnings ratio of 35.44.
DeVry (NYSE:DV) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.01. The company had revenue of $450.90 million for the quarter, compared to the consensus estimate of $449.41 million. During the same quarter in the previous year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was down 6.6% on a year-over-year basis. Analysts expect that DeVry will post $2.32 EPS for the current fiscal year.
DV has been the subject of a number of recent research reports. Analysts at Deutsche Bank raised their price target on shares of DeVry from $28.00 to $36.00 in a research note to investors on Friday. They now have a “hold” rating on the stock. Separately, analysts at Compass Point raised their price target on shares of DeVry from $28.00 to $34.00 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Finally, analysts at McLean Capital Management upgraded shares of DeVry from a “neutral” rating to a “buy” rating in a research note to investors on Friday. Twelve analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $31.78.
DeVry Inc (NYSE:DV) is a provider of educational services and the parent organization of Advanced Academics, American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College and Carrington College California, Chamberlain College of Nursing, DeVry Brasil, DeVry University, Ross University School of Medicine and Ross University School of Veterinary Medicine.
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