Insider Selling: Andrew M. Slavitt Sells 11,300 Shares of Capella Education Company Stock (CPLA)
Capella Education Company (NASDAQ:CPLA) Director Andrew M. Slavitt unloaded 11,300 shares of the stock on the open market in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $55.83, for a total transaction of $630,879.00. Following the sale, the director now directly owns 5,525 shares of the company’s stock, valued at approximately $308,461. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Capella Education Company (NASDAQ:CPLA) traded up 0.33% on Tuesday, hitting $56.94. The stock had a trading volume of 19,554 shares. Capella Education Company has a 52 week low of $39.58 and a 52 week high of $73.00. The stock has a 50-day moving average of $57.67 and a 200-day moving average of $62.48. The company has a market cap of $699.9 million and a P/E ratio of 20.27.
Capella Education Company (NASDAQ:CPLA) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.70 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.73 by $0.03. The company had revenue of $105.60 million for the quarter, compared to the consensus estimate of $104.60 million. During the same quarter last year, the company posted $0.70 earnings per share. Capella Education Company’s revenue was up .4% compared to the same quarter last year. On average, analysts predict that Capella Education Company will post $2.93 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, July 10th. Stockholders of record on Wednesday, June 11th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.46%. The ex-dividend date is Monday, June 9th.
A number of research firms have recently commented on CPLA. Analysts at Zacks reiterated a “neutral” rating on shares of Capella Education Company in a research note on Friday. They now have a $59.00 price target on the stock. Separately, analysts at BMO Capital Markets upgraded shares of Capella Education Company from a “market perform” rating to an “outperform” rating in a research note on Friday, May 16th. They now have a $64.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Capella Education Company currently has an average rating of “Buy” and a consensus target price of $62.00.
Capella Education Company is an online postsecondary education services company. Through its wholly owned subsidiary, Capella University, the Company offers a range of doctoral, master’s and bachelor’s programs in public service leadership, behavioral health and human services, business management and technology, and education.
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