Strategic Education (NASDAQ:STRA) Reaches New 1-Year Low – Should You Sell?

Shares of Strategic Education Inc. (NASDAQ:STRA) hit a new 52-week low on Friday . The company traded as low as $72.17 and last traded at $74.63, with a volume of 5178 shares changing hands. The stock had previously closed at $74.06.

Analysts Set New Price Targets

STRA has been the topic of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Strategic Education in a research note on Thursday, January 22nd. Barrington Research reissued an “outperform” rating and issued a $105.00 price objective on shares of Strategic Education in a research report on Monday, January 26th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $99.33.

Strategic Education Stock Performance

The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 15.62, a price-to-earnings-growth ratio of 0.77 and a beta of 0.55. The stock’s fifty day moving average is $81.77 and its two-hundred day moving average is $80.69.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in STRA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Strategic Education by 3.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,195 shares of the health services provider’s stock worth $1,360,000 after purchasing an additional 487 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Strategic Education by 40.2% in the 1st quarter. Jane Street Group LLC now owns 43,433 shares of the health services provider’s stock worth $3,647,000 after buying an additional 12,444 shares during the last quarter. CWM LLC boosted its holdings in shares of Strategic Education by 592.4% in the 2nd quarter. CWM LLC now owns 9,984 shares of the health services provider’s stock valued at $850,000 after buying an additional 8,542 shares during the period. International Assets Investment Management LLC grew its position in shares of Strategic Education by 10.9% during the 2nd quarter. International Assets Investment Management LLC now owns 3,606 shares of the health services provider’s stock valued at $307,000 after buying an additional 355 shares during the last quarter. Finally, D.A. Davidson & CO. grew its position in shares of Strategic Education by 16.9% during the 2nd quarter. D.A. Davidson & CO. now owns 12,980 shares of the health services provider’s stock valued at $1,105,000 after buying an additional 1,873 shares during the last quarter. 93.27% of the stock is owned by institutional investors and hedge funds.

Strategic Education Company Profile

Strategic Education, Inc is a publicly traded higher education services holding company headquartered in Herndon, Virginia. Through its primary operating subsidiaries, Strayer University and Capella University, the company delivers degree programs and professional development opportunities to working adults. Its offerings span undergraduate and graduate degrees, certificates, continuing education, and workforce training in fields such as business, technology, health services, education, and public administration.

Strayer University, with a network of physical campuses across the United States complemented by an online platform, provides associate’s through doctoral degrees designed to accommodate non-traditional students.