The CAO of Career Education Corp (NASDAQ: CECO) is Selling Shares

By Carrie Williams

Today, the CAO of Career Education Corp (CECOResearch Report), Michele Peppers, sold shares of CECO for $110.5K.

Following Michele Peppers’ last CECO Sell transaction on August 31, 2018, the stock climbed by 6.0%. In addition to Michele Peppers, one other CECO executive reported Sell trades in the last month.

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Based on Career Education Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $156 million and GAAP net loss of $559K. In comparison, last year the company earned revenue of $142 million and had a net profit of $8.75 million. The company has a one-year high of $22.44 and a one-year low of $11.01. Currently, Career Education Corp has an average volume of 469.31K.

The insider sentiment on Career Education Corp has been negative according to 51 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Career Education Corp. engages in the provision of educational services. It operates through Colorado Technical University (CTU), and American InterContinental University (AIU) segments.