Insider Selling: John P. Roselli Unloads 3,179 Shares of DeVry Education Group Stock (DV)
DeVry Education Group (NYSE:DV) Insider John P. Roselli sold 3,179 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $42.64, for a total transaction of $135,552.56. Following the completion of the sale, the insider now directly owns 11,391 shares in the company, valued at approximately $485,712. The transaction was disclosed in a filing with the SEC, which is available at this link.
A number of analysts have recently weighed in on DV shares. Analysts at Barclays reiterated an “equal weight” rating on shares of DeVry Education Group in a research note on Friday, August 22nd. They now have a $48.00 price target on the stock, down previously from $50.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of DeVry Education Group in a research note on Friday, August 8th. They now have a $43.00 price target on the stock. Finally, analysts at Stifel Nicolaus raised their price target on shares of DeVry Education Group from $48.00 to $49.00 in a research note on Friday, August 8th. Seven investment analysts have rated the stock with 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 $43.88.
DeVry Education Group (NYSE:DV) traded up 0.65% during mid-day trading on Wednesday, hitting $43.03. 456,722 shares of the company’s stock traded hands. DeVry Education Group has a one year low of $29.95 and a one year high of $47.73. The stock’s 50-day moving average is $41.7 and its 200-day moving average is $41.96. The company has a market cap of $2.741 billion and a price-to-earnings ratio of 20.66.
DeVry Education Group (NYSE:DV) last released its earnings data on Thursday, August 7th. The company reported $0.73 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.67 by $0.06. The company had revenue of $485.10 million for the quarter, compared to the consensus estimate of $487.50 million. During the same quarter in the prior year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up 1.1% on a year-over-year basis. Analysts expect that DeVry Education Group will post $2.80 EPS for the current fiscal year.
DeVry Education Group Inc , formerly DeVry Inc, 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.