Insider Selling: DeVry SVP Sells 2,852 Shares of Stock (DV)
DeVry (NYSE:DV) SVP Gregory S. Davis sold 2,852 shares of the stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $35.17, for a total transaction of $100,304.84. Following the transaction, the senior vice president now directly owns 8,923 shares in the company, valued at approximately $313,822. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of DeVry in a research note to investors on Thursday. They now have a $36.00 price target on the stock. Separately, analysts at Bank of America reiterated a “neutral” rating on shares of DeVry in a research note to investors on Wednesday, February 5th. They now have a $40.00 price target on the stock, down previously from $42.00. Finally, analysts at Thomson Reuters/Verus upgraded shares of DeVry from a “sell” rating to a “hold” rating in a research note to investors on Monday, February 3rd. Twelve research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $34.89.
DeVry (NYSE:DV) traded down 1.23% during mid-day trading on Monday, hitting $34.62. The stock had a trading volume of 559,257 shares. DeVry has a 52 week low of $26.70 and a 52 week high of $40.22. The stock has a 50-day moving average of $36.68 and a 200-day moving average of $33.64. The company has a market cap of $2.193 billion and a P/E ratio of 35.01.
DeVry (NYSE:DV) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.74 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.73 by $0.01. The company had revenue of $491.30 million for the quarter, compared to the consensus estimate of $478.75 million. During the same quarter last year, the company posted $0.87 earnings per share. DeVry’s revenue was down 1.9% compared to the same quarter last year. Analysts expect that DeVry will post $2.32 EPS for the current fiscal year.
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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