Capella Education Company SVP Sells $930,195 in Stock (CPLA)
Capella Education Company (NASDAQ:CPLA) SVP Gregory W. Thom unloaded 14,096 shares of Capella Education Company stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $65.99, for a total value of $930,195.04. Following the sale, the senior vice president now directly owns 446 shares of the company’s stock, valued at approximately $29,432. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Capella Education Company (NASDAQ:CPLA) traded up 1.20% during mid-day trading on Friday, hitting $66.61. 78,404 shares of the company’s stock traded hands. Capella Education Company has a 52-week low of $52.29 and a 52-week high of $73.00. The stock has a 50-day moving average of $58.43 and a 200-day moving average of $60.06. The company has a market cap of $816.2 million and a P/E ratio of 24.55.
Capella Education Company (NASDAQ:CPLA) last announced its earnings results on Tuesday, July 29th. The company reported $0.72 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.84 by $0.12. The company had revenue of $104.80 million for the quarter, compared to the consensus estimate of $104.30 million. During the same quarter last year, the company posted $0.83 earnings per share. Capella Education Company’s revenue was up 1.1% compared to the same quarter last year. On average, analysts predict that Capella Education Company will post $2.97 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, October 10th. Shareholders of record on Wednesday, September 10th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.10%. The ex-dividend date is Monday, September 8th.
A number of analysts have recently weighed in on CPLA shares. Analysts at Zacks reiterated a “neutral” rating on shares of Capella Education Company in a research note on Thursday, July 31st. They now have a $68.00 price target on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Capella Education Company from $64.00 to $68.00 in a research note on Thursday, July 31st. Finally, analysts at Deutsche Bank raised their price target on shares of Capella Education Company from $60.00 to $65.00 in a research note on Wednesday, July 30th. They now have a “hold” rating on the stock. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $67.75.
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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