ITT Educational Services Inc. (NYSE:ESI) major shareholder Yude Zhang bought 206,092 shares of the business’s stock in a transaction that occurred on Friday, July 1st. The shares were acquired at an average price of $1.94 per share, for a total transaction of $399,818.48. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Yude Zhang also recently made the following trade(s):
- On Tuesday, July 5th, Yude Zhang purchased 350,642 shares of ITT Educational Services stock. The stock was purchased at an average price of $1.92 per share, for a total transaction of $673,232.64.
ITT Educational Services Inc. (NYSE:ESI) traded down 2.16% during mid-day trading on Wednesday, hitting $1.81. 109,098 shares of the stock traded hands. The firm has a market capitalization of $42.89 million and a P/E ratio of 2.58. ITT Educational Services Inc. has a 1-year low of $1.57 and a 1-year high of $6.10. The company has a 50-day moving average of $2.00 and a 200 day moving average of $2.63.
ITT Educational Services (NYSE:ESI) last announced its earnings results on Friday, April 29th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by $0.02. The business earned $191.50 million during the quarter, compared to analyst estimates of $190.85 million. During the same quarter last year, the firm earned $0.44 earnings per share. The business’s revenue was down 16.7% on a year-over-year basis. On average, equities research analysts anticipate that ITT Educational Services Inc. will post $0.43 EPS for the current year.
A number of research analysts have recently issued reports on ESI shares. Zacks Investment Research downgraded shares of ITT Educational Services from a “buy” rating to a “hold” rating in a research report on Monday. Barrington Research restated an “outperform” rating and issued a $6.00 price target on shares of ITT Educational Services in a research report on Friday, March 11th. Finally, Piper Jaffray Cos. restated a “hold” rating and issued a $4.75 price target (up previously from $3.50) on shares of ITT Educational Services in a research report on Tuesday, March 15th.
ITT Educational Services, Inc is a provider of postsecondary degree programs in the United States. The Company offers master, bachelor and associate degree programs to over 45,000 students, and short-term information technology and business learning solutions for career advancers and other professionals.
What are top analysts saying about ITT Educational Services Inc.? – Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts’ recommendations for for ITT Educational Services Inc. and related companies.
Posted by Theresa Metz