A Director at Strategic Education Inc (NASDAQ: STRA) is Selling Shares

By Carrie Williams

Today, a Director at Strategic Education Inc (STRAResearch Report), Todd Milano, sold shares of STRA for $1.16M.

Following Todd Milano’s last STRA Sell transaction on December 13, 2018, the stock climbed by 54.7%. This is Milano’s first Sell trade following 3 Buy transactions.

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Based on Strategic Education Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $247 million and quarterly net profit of $11.5 million. In comparison, last year the company earned revenue of $116 million and had a net profit of $9.47 million. Currently, Strategic Education Inc has an average volume of 95.87K.

One of the top 25 analysts, according to TipRanks.com, recently recommended Buy STRA with a $194 price target.

The insider sentiment on Strategic Education Inc has been negative according to 78 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Todd Milano’s trades have generated a 10.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.