Notable Runner: Could Strayer Education Inc Change Direction After Making 52-Week High?

Notable Runner: Could Strayer Education Inc Change Direction After Making 52 Week High?

The stock of Strayer Education Inc (NASDAQ:STRA) hit a new 52-week high and has $109.29 target or 52.00% above today’s $71.90 share price. The 5 months bullish chart indicates low risk for the $815.22M company. The 1-year high was reported on Nov, 21 by Barchart.com. If the $109.29 price target is reached, the company will be worth $423.91M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 27,225 shares traded hands. Strayer Education Inc (NASDAQ:STRA) has risen 50.54% since April 19, 2016 and is uptrending. It has outperformed by 46.68% the S&P500.

Strayer Education Inc (NASDAQ:STRA) Ratings Coverage

Out of 2 analysts covering Strayer Education Inc. (NASDAQ:STRA), 0 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 0 are positive. Strayer Education Inc. has been the topic of 3 analyst reports since October 29, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Wednesday, February 3 by Credit Suisse.

According to Zacks Investment Research, “STRAYER EDUCATION, INC. The College is a regional proprietary institution of higher education offering undergraduate and graduate degree programs to more than 7,000 students at eight campuses in Washington, D.C. and Northern Virginia.”

Insitutional Activity: The institutional sentiment decreased to 0.86 in Q2 2016. Its down 0.16, from 1.02 in 2016Q1. The ratio dropped, as 19 funds sold all Strayer Education Inc shares owned while 42 reduced positions. 14 funds bought stakes while 48 increased positions. They now own 10.12 million shares or 0.68% less from 10.19 million shares in 2016Q1.
Wells Fargo & Mn holds 0% or 4,101 shares in its portfolio. Envestnet Asset holds 2,734 shares or 0% of its portfolio. Sei Invs accumulated 1,538 shares or 0% of the stock. First Advsr Lp last reported 0% of its portfolio in the stock. Blackrock Institutional Trust Na accumulated 277,554 shares or 0% of the stock. The Texas-based Dimensional Fund Advsrs L P has invested 0.01% in Strayer Education Inc (NASDAQ:STRA). Burgundy Asset Mgmt Ltd owns 372,606 shares or 0.18% of their US portfolio. Hightower Lc has 7,456 shares for 0% of their US portfolio. Alliancebernstein Limited Partnership, a New York-based fund reported 38,610 shares. Ingalls Snyder Limited Liability last reported 0.1% of its portfolio in the stock. Invesco Limited owns 28,066 shares or 0% of their US portfolio. Citigroup holds 6,327 shares or 0% of its portfolio. Quaker Capital Invests Llc accumulated 113,258 shares or 2.29% of the stock. Blackrock Ltd Liability Corp accumulated 5,257 shares or 0% of the stock. Credit Suisse Ag last reported 0% of its portfolio in the stock.

Insider Transactions: Since August 8, 2016, the stock had 0 insider buys, and 1 sale for $3,642 net activity. $3,642 worth of shares were sold by Aprahamian Thomas J on Monday, August 8.

More notable recent Strayer Education Inc (NASDAQ:STRA) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on December 21, 2009, also Businesswire.com with their article: “Strayer Education, Inc. Acquires the New York Code and Design Academy” published on January 15, 2016, Nasdaq.com published: “Strayer Education Inc Q3 Earnings Drop 23%” on October 26, 2016. More interesting news about Strayer Education Inc (NASDAQ:STRA) were released by: Businesswire.com and their article: “Strayer Education, Inc. Reports Second Quarter Revenues and Earnings; and …” published on July 27, 2016 as well as Businesswire.com‘s news article titled: “Strayer Education, Inc., Launches Strayer@Work to Offer ‘No Cost – No Debt …” with publication date: May 04, 2015.

STRA Company Profile

Strayer Education, Inc., incorporated on May 10, 1996, is an education services holding company. The Firm provides post-secondary education services. The Firm offers a range of academic programs through its subsidiaries, Strayer University, Inc. (the University) and New York Code and Design Academy (NYCDA). The University offers undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, public administration and criminal justice at approximately 80 physical campuses located in the Mid-Atlantic and Southern regions of the United States, and online. The University also offers an executive Master of Business Administration (MBA) online through its Jack Welch Management Institute. The Company’s subsidiary, NYCDA, provides non-degree courses in Web and application software development, primarily at its campus in New York City.

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