Phoenix Education Partners (NYSE:PXED) Stock: Insider John Terrence Woods Sells 400 Shares

Phoenix Education Partners, Inc. (NYSE:PXED – Get Free Report) insider John Terrence Woods sold 400 shares of Phoenix Education Partners stock in a transaction that occurred on Friday, October 23rd. The stock was sold at an average price of $25.04, for a total transaction of $10,016.00. Following the completion of the transaction, the insider directly owned 62,682 shares in the company, valued at approximately $1,569,557.28. The trade was a 0.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Terrence Woods also recently made the following trade(s):

  • On Monday, October 12th, John Terrence Woods sold 850 shares of Phoenix Education Partners stock. The shares were sold at an average price of $25.00, for a total transaction of $21,250.00.
  • On Friday, October 9th, John Terrence Woods sold 19,453 shares of Phoenix Education Partners stock. The shares were sold at an average price of $25.89, for a total transaction of $503,638.17.

Phoenix Education Partners Stock Down 1.0%

NYSE PXED traded down $0.24 on Tuesday, hitting $24.49. The stock had a trading volume of 70,260 shares, compared to its average volume of 101,922. The business’s fifty day moving average price is $26.49 and its 200 day moving average price is $29.11. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.92. Phoenix Education Partners, Inc. has a 52-week low of $23.42 and a 52-week high of $37.66. The stock has a market cap of $882.86 million and a price-to-earnings ratio of 11.39.

Analyst Ratings Changes

Several research firms have recently issued reports on PXED. Zacks Research upgraded shares of Phoenix Education Partners from a “strong sell” rating to a “hold” rating in a report on Thursday, October 1st. Morgan Stanley lowered their target price on shares of Phoenix Education Partners from $40.00 to $38.00 and set an “overweight” rating for the company in a research note on Tuesday, October 13th. BMO Capital Markets dropped their target price on shares of Phoenix Education Partners from $36.00 to $33.00 and set an “outperform” rating on the stock in a research report on Monday, October 5th. B. Riley Financial cut their price target on shares of Phoenix Education Partners from $54.00 to $51.00 and set a “buy” rating on the stock in a research note on Tuesday, July 21st. Finally, Jefferies Financial Group raised shares of Phoenix Education Partners to a “strong-buy” rating in a report on Wednesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $40.60.

Get Our Latest Stock Analysis on PXED

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of PXED. State of Alaska Department of Revenue acquired a new position in Phoenix Education Partners in the 3rd quarter worth approximately $51,000. Curated Wealth Partners LLC acquired a new stake in Phoenix Education Partners during the 3rd quarter valued at approximately $1,653,000. Wellington Management Group LLP lifted its stake in Phoenix Education Partners by 48.3% during the 2nd quarter. Wellington Management Group LLP now owns 743,112 shares of the company’s stock valued at $24,411,000 after acquiring an additional 241,997 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of Phoenix Education Partners in the 2nd quarter valued at $26,000. Finally, Bank of America Corp DE purchased a new stake in shares of Phoenix Education Partners in the 2nd quarter valued at $1,085,000.

About Phoenix Education Partners

(Get Free Report)

Phoenix Education Partners, Inc is a higher education company focused on serving working adults and other nontraditional students. Through the University of Phoenix, its principal operating institution, the company provides career-oriented undergraduate and graduate degree programs, professional certificates, and other educational offerings.

The University of Phoenix primarily delivers instruction through online learning, with programs designed to offer flexible scheduling for students balancing education with employment and other responsibilities.

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