Bridgepoint Education SVP Thomas Ashbrook Unloads 4,340 Shares (BPI)
Bridgepoint Education (NYSE:BPI) SVP Thomas Ashbrook sold 4,340 shares of the company’s stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $16.82, for a total value of $72,998.80. Following the completion of the sale, the senior vice president now directly owns 14,045 shares in the company, valued at approximately $236,237. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Bridgepoint Education (NYSE:BPI) traded up 1.77% on Friday, hitting $17.25. 199,286 shares of the company’s stock traded hands. Bridgepoint Education has a 52-week low of $9.51 and a 52-week high of $20.33. The stock’s 50-day moving average is $17.5 and its 200-day moving average is $17.5. The company has a market cap of $941.4 million and a P/E ratio of 14.27.
Separately, 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. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $13.46.
Bridgepoint Education, Inc (NYSE:BPI) is a provider of postsecondary education services.
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