Grand Canyon Education, Inc. (LOPE): Daniel E Bachus , Chief Financial Officer of Grand Canyon Education, Inc. sold 17,500 shares on May 12, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $41.64 per share for a total value of $728,700.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 16, 2016, Joseph N Mildenhall (Chief Information Officer) sold 25,000 shares at $41.65 per share price.On May 16, 2016, William Stan Meyer (Chief Operating Officer) sold 25,000 shares at $41.64 per share price.Also, On Mar 11, 2016, Brian M Roberts (General Counsel) sold 18,000 shares at $42.00 per share price.On Mar 11, 2016, Daniel E Bachus (Chief Financial Officer) sold 17,500 shares at $41.91 per share price.
Shares of Grand Canyon Education Inc (LOPE) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.09 points or -0.22% at $41.55 with 3,39,815 shares getting traded. Post opening the session at $41.69, the shares hit an intraday low of $41.31 and an intraday high of $41.82 and the price vacillated in this range throughout the day. The company has a market cap of $1,948 M and the number of outstanding shares has been calculated to be 4,68,85,699 shares. The 52-week high of Grand Canyon Education Inc is $45.17 and the 52-week low is $31.12.
Company has been under the radar of several Street Analysts.Grand Canyon Education Inc is Upgraded by Credit Suisse to Outperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 7, 2016.
Grand Canyon Education Inc. is engaged in the provision of postsecondary education. The Company is comprehensive regionally accredited university that offers 160 graduate and undergraduate degree programs through its eight colleges both online and on ground at its approximately 205 acre campus in Phoenix Arizona and onsite at facilities it leases and at facilities owned by third-party employers. The Company offers the degrees of Doctor of Education Doctor of Business Administration Doctor of Philosophy Master of Arts Master of Education Master of Business Administration and Executive Master of Business Administration Master of Public Administration Master of Public Health Master of Science Bachelor of Arts and Bachelor of Science and a range of programs for its degrees. It also offers certificate programs which consist of a series of courses focused on a particular area of study.