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Laureate Education Independent Director Pedro del Corro Garcia Lomas Sells 47% Of Holding
Anyone interested in Laureate Education, Inc. (NASDAQ:LAUR) should probably be aware that the Independent Director, Pedro del Corro Garcia Lomas, recently divested US$490k worth of shares in the company, at an average price of US$19.58 each. The eyebrow raising move amounted to a reduction of 47% in their holding.
See our latest analysis for Laureate Education
The Last 12 Months Of Insider Transactions At Laureate Education
In fact, the recent sale by Pedro del Corro Garcia Lomas was the biggest sale of Laureate Education shares made by an insider individual in the last twelve months, according to our records. So what is clear is that an insider saw fit to sell at around the current price of US$19.00. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).
Laureate Education insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.
Does Laureate Education Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 0.9% of Laureate Education shares, worth about US$26m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
So What Does This Data Suggest About Laureate Education Insiders?
Insiders sold Laureate Education shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. On the plus side, Laureate Education makes money, and is growing profits. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. In terms of investment risks, we've identified 1 warning sign with Laureate Education and understanding it should be part of your investment process.
Of course Laureate Education may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGS:LAUR
Laureate Education
Offers higher education programs and services to students through a network of universities and higher education institutions.
Outstanding track record and undervalued.