Chief Financial Officer Of Grand Canyon Education Sold $512K In Stock

On November 14, a recent SEC filing unveiled that Daniel E Bachus, Chief Financial Officer at Grand Canyon Education LOPE made an insider sell.

What Happened: Bachus's recent Form 4 filing with the U.S. Securities and Exchange Commission on Thursday unveiled the sale of 3,000 shares of Grand Canyon Education. The total transaction value is $512,520.

As of Friday morning, Grand Canyon Education shares are down by 0.0%, currently priced at $164.88.

About Grand Canyon Education

Grand Canyon Education Inc is a publicly traded education services company dedicated to serving colleges and universities. GCE's university partner is Grand Canyon University, an Arizona non-profit corporation that operates a comprehensive regionally accredited university that offers graduate and undergraduate degree programs, emphases and certificates across nine colleges both online, on ground at its campus in Phoenix, Arizona and at four off-site classroom and laboratory sites. The Company generates all of its revenue through services agreements with its university partners.

Grand Canyon Education: Delving into Financials

Revenue Growth: Over the 3 months period, Grand Canyon Education showcased positive performance, achieving a revenue growth rate of 7.38% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.

Profitability Metrics:

  • Gross Margin: Achieving a high gross margin of 50.01%, the company performs well in terms of cost management and profitability within its sector.

  • Earnings per Share (EPS): Grand Canyon Education's EPS reflects a decline, falling below the industry average with a current EPS of 1.43.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.14.

Valuation Overview:

  • Price to Earnings (P/E) Ratio: Grand Canyon Education's P/E ratio of 21.67 is below the industry average, suggesting the stock may be undervalued.

  • Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 4.77 as compared to the industry average, the stock might be considered overvalued based on sales performance.

  • EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 14.36, Grand Canyon Education presents an attractive value opportunity.

Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.

Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.

Navigating the Impact of Insider Transactions on Investments

While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.

In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.

Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.

Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.

A Deep Dive into Insider Transaction Codes

Digging into the details of stock transactions, investors frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.

Check Out The Full List Of Grand Canyon Education's Insider Trades.

Insider Buying Alert: Profit from C-Suite Moves

Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. Click here for access.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsInsider TradesTrading IdeasBZI-IT
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!