Strategic Education Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:SQE Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
02 Aug 24	Buy€437,659	Viet Dinh	Individual	5,000	€87.53
24 May 24	Buy€49,306,318	Inclusive Capital Partners, L.P.	Company	465,000	€108.19
06 May 24	Sell€67,299	Robert Grusky	Individual	600	€113.69
30 Apr 24	Buy€461,773	Viet Dinh	Individual	4,300	€107.39
29 Apr 24	Sell€52,169	Robert Grusky	Individual	462	€112.92

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of SQE?
Owner Type	Number of Shares	Ownership Percentage
State or Government	10,163	0.0418%
Individual Insiders	811,924	3.34%
General Public	929,354	3.82%
Institutions	22,573,029	92.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 81.83% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
15.5%	BlackRock, Inc.	3,765,808	€289.8m	2.35%	0.01%
11.5%	The Vanguard Group, Inc.	2,793,685	€215.0m	1.65%	no data
9.41%	T. Rowe Price Group, Inc.	2,288,735	€176.1m	-6.35%	0.02%
7.55%	Marshfield Associates, Inc.	1,836,491	€141.3m	0.38%	3.73%
6.14%	Dimensional Fund Advisors LP	1,492,524	€114.8m	-0.18%	0.02%
5.17%	Burgundy Asset Management Ltd.	1,258,680	€96.8m	1.65%	1.01%
3.84%	State Street Global Advisors, Inc.	935,030	€71.9m	5.04%	no data
2.54%	Van Lanschot Kempen Investment Management N.V.	618,286	€47.6m	12.9%	0.4%
2.39%	Royal Bank of Canada, Banking & Securities Investments	582,000	€44.8m	6.19%	0.03%
2.3%	Geode Capital Management, LLC	560,081	€43.1m	-0.21%	no data
1.79%	Disciplined Growth Investors, Inc.	435,530	€33.5m	-5.53%	0.82%
1.63%	Envestnet Asset Management, Inc.	397,265	€30.6m	4.1%	0.01%
1.6%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	389,098	€29.9m	8.27%	0.01%
1.33%	Charles Schwab Investment Management, Inc.	324,676	€25.0m	3.49%	no data
1.14%	Robert Silberman	277,772	€21.4m	0%	no data
1.11%	BNY Asset Management	269,416	€20.7m	4.95%	no data
1.07%	Northern Trust Global Investments	259,971	€20.0m	11.3%	no data
0.9%	Triodos Investment Management BV	220,000	€16.9m	0%	1.08%
0.89%	Renaissance Technologies LLC	215,818	€16.6m	-4.1%	0.03%
0.8%	Karl McDonnell	195,548	€15.0m	0%	no data
0.73%	Morgan Stanley, Investment Banking and Brokerage Investments	177,268	€13.6m	-39.7%	no data
0.72%	Arrowstreet Capital, Limited Partnership	175,141	€13.5m	207%	0.01%
0.69%	Norges Bank Investment Management	168,215	€12.9m	-2.54%	no data
0.55%	Oberweis Asset Management, Inc.	134,500	€10.3m	30.6%	0.47%
0.55%	Invesco Capital Management LLC	133,159	€10.2m	3.58%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/28 00:09
End of Day Share Price	2025/02/28 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Strategic Education, Inc. is covered by 27 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jeffrey Meuler	Baird
Gary Bisbee	Barclays
Alexander Paris	Barrington Research Associates, Inc.