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Bridgepoint Education (NYSE:BPI) SVP Thomas Ashbrook sold 4,340 shares of Bridgepoint Education stock on the open market in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $16.92, for a total value of $73,432.80. Following the transaction, the senior vice president now directly owns 15,586 shares in the company, valued at approximately $263,715. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Bridgepoint Education (NYSE:BPI) traded up 1.58% during mid-day trading on Tuesday, hitting $17.34. 473,712 shares of the company’s stock traded hands. Bridgepoint Education has a one year low of $9.51 and a one year high of $20.33. The stock has a 50-day moving average of $17.74 and a 200-day moving average of $16.95. The company has a market cap of $946.3 million and a price-to-earnings ratio of 14.37.

Bridgepoint Education (NYSE:BPI) last released its earnings data on Tuesday, November 5th. The company reported $0.18 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.25 by $0.07. The company had revenue of $185.60 million for the quarter, compared to the consensus estimate of $190.45 million. During the same quarter last year, the company posted $0.56 earnings per share. Bridgepoint Education’s revenue was down 26.4% compared to the same quarter last year. On average, analysts predict that Bridgepoint Education will post $0.90 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on BPI shares. Analysts at Zacks upgraded shares of Bridgepoint Education from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, December 16th. They now have a $17.20 price target on the stock. Finally, analysts at Deutsche Bank downgraded shares of Bridgepoint Education from a “hold” rating to a “sell” rating in a research note to investors on Monday, November 4th. They now have a $13.00 price target on the stock, up previously from $1.60. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $13.46.

Bridgepoint Education, Inc (NYSE:BPI) is a provider of postsecondary education services.

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