Grand Canyon Education, Inc. $LOPE Shares Sold by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. cut its holdings in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 13.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,604 shares of the company’s stock after selling 5,129 shares during the period. Harel Insurance Investments & Financial Services Ltd. owned about 0.12% of Grand Canyon Education worth $7,147,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Burgundy Asset Management Ltd. raised its position in Grand Canyon Education by 3.9% during the second quarter. Burgundy Asset Management Ltd. now owns 982,698 shares of the company’s stock worth $185,730,000 after acquiring an additional 36,546 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Grand Canyon Education by 3.5% during the 2nd quarter. AQR Capital Management LLC now owns 597,567 shares of the company’s stock worth $112,940,000 after purchasing an additional 20,485 shares in the last quarter. Invesco Ltd. raised its position in shares of Grand Canyon Education by 57.5% during the 2nd quarter. Invesco Ltd. now owns 560,068 shares of the company’s stock worth $105,853,000 after purchasing an additional 204,582 shares during the last quarter. Los Angeles Capital Management LLC lifted its stake in Grand Canyon Education by 12.9% in the 2nd quarter. Los Angeles Capital Management LLC now owns 407,282 shares of the company’s stock valued at $76,976,000 after buying an additional 46,457 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its holdings in Grand Canyon Education by 1.7% during the 2nd quarter. Allianz Asset Management GmbH now owns 392,672 shares of the company’s stock valued at $74,215,000 after buying an additional 6,428 shares during the last quarter. 94.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LOPE has been the subject of a number of analyst reports. Weiss Ratings cut Grand Canyon Education from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Barrington Research reissued an “outperform” rating and issued a $230.00 target price on shares of Grand Canyon Education in a research note on Tuesday, October 21st. Wall Street Zen lowered shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Zacks Research downgraded shares of Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $220.00.

Grand Canyon Education Price Performance

LOPE opened at $178.29 on Friday. Grand Canyon Education, Inc. has a 12 month low of $149.83 and a 12 month high of $223.04. The business has a 50-day moving average of $164.56 and a two-hundred day moving average of $185.12. The stock has a market capitalization of $4.99 billion, a price-to-earnings ratio of 24.03, a price-to-earnings-growth ratio of 1.18 and a beta of 0.75.

Grand Canyon Education (NASDAQ:LOPE) last released its earnings results on Wednesday, November 5th. The company reported $1.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.78. Grand Canyon Education had a net margin of 19.38% and a return on equity of 32.41%. The business had revenue of $261.14 million for the quarter, compared to analysts’ expectations of $259.97 million. During the same period last year, the company earned $1.48 earnings per share. The company’s quarterly revenue was up 9.6% on a year-over-year basis. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS and its Q4 2025 guidance at 3.130-3.240 EPS. Equities research analysts anticipate that Grand Canyon Education, Inc. will post 8.81 earnings per share for the current year.

Grand Canyon Education Company Profile

Grand Canyon Education, Inc provides a suite of higher‐education services through a long-term agreement with Grand Canyon University (GCU), one of the nation’s largest private Christian universities. The company’s offerings encompass a full range of academic and operational support functions, including enrollment management, student recruitment, curriculum development, instructional delivery, and technology infrastructure. Through its online program management capabilities, Grand Canyon Education helps design, market and deliver undergraduate, graduate and certificate programs to meet the needs of both traditional and non‐traditional learners.

Core services include digital marketing, admissions support, student success coaching, learning management systems and faculty recruitment.