The COO of Grand Canyon Education is Exercising Options

By Carrie Williams

Yesterday it was reported that the COO of Grand Canyon Education (LOPEResearch Report), William Stan Meyer, exercised options to sell 20,000 LOPE shares at $15.34 a share, for a total transaction value of $2.52M.

Following William Stan Meyer’s last LOPE Sell transaction on November 09, 2016, the stock climbed by 70.8%. In addition to William Stan Meyer, 3 other LOPE executives reported Sell trades in the last month.

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LOPE’s market cap is $6.08B and the company has a P/E ratio of 26.20. Currently, Grand Canyon Education has an average volume of 495.9K.

The insider sentiment on Grand Canyon Education has been negative according to 39 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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Grand Canyon Education, Inc. engages in the provision of education services. It offers graduate and undergraduate degree programs and certificates across colleges. The company was founded by Christopher C. Richardson and Brent D. Richardson in November 2003 and is headquartered in Phoenix, AZ.