Price Change to Note: Could Capella Education Company See a Reversal After Breaking Its 52-Week High?

Price Change to Note: Could Capella Education Company See a Reversal After Breaking Its 52 Week High?

The stock of Capella Education Company (NASDAQ:CPLA) hit a new 52-week high and has $92.32 target or 24.00% above today’s $74.45 share price. The 5 months bullish chart indicates low risk for the $862.36M company. The 1-year high was reported on Nov, 2 by Barchart.com. If the $92.32 price target is reached, the company will be worth $206.97M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 27,373 shares traded hands. Capella Education Company (NASDAQ:CPLA) has risen 40.29% since March 31, 2016 and is uptrending. It has outperformed by 37.77% the S&P500.

Capella Education Company (NASDAQ:CPLA) Ratings Coverage

Out of 5 analysts covering Capella Education (NASDAQ:CPLA), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. $70 is the highest target while $47 is the lowest. The $55.80 average target is -25.05% below today’s ($74.45) stock price. Capella Education has been the topic of 5 analyst reports since July 30, 2015 according to StockzIntelligence Inc. Barrington Research maintained Capella Education Company (NASDAQ:CPLA) rating on Wednesday, October 26. Barrington Research has “Outperform” rating and $70 price target. Credit Suisse initiated it with “Outperform” rating and $57 target price in Wednesday, February 3 report.

According to Zacks Investment Research, “CAPELLA EDUCATION COMPANY is a pioneer in developing high quality, online degree programs for adults. Their programs are delivered through its wholly owned subsidiary, They has an accredited online academic institution. Their university is known for its rigorous curricula that combine strong academic content and real world practicality, presented in a flexible, online format geared for adult students.”

Insitutional Activity: The institutional sentiment decreased to 1.23 in Q2 2016. Its down 0.04, from 1.27 in 2016Q1. The ratio dived, as 14 funds sold all Capella Education Company shares owned while 38 reduced positions. 12 funds bought stakes while 52 increased positions. They now own 9.13 million shares or 12.56% less from 10.44 million shares in 2016Q1.
Ubs Asset Management Americas last reported 0% of its portfolio in the stock. Moreover, Acadian Asset Management Limited Company has 0.01% invested in Capella Education Company (NASDAQ:CPLA) for 36,587 shares. Secor Cap Advsr L P has invested 0.03% of its portfolio in Capella Education Company (NASDAQ:CPLA). Robertson Opportunity Cap Ltd Liability Company, a Texas-based fund reported 135,000 shares. Blackrock Fund holds 710,729 shares or 0.01% of its portfolio. Strs Ohio accumulated 14,400 shares or 0% of the stock. The New Jersey-based Prudential has invested 0.01% in Capella Education Company (NASDAQ:CPLA). Swiss Bank & Trust holds 0% or 19,200 shares in its portfolio. Retail Bank Of New York Mellon Corp owns 161,876 shares or 0% of their US portfolio. Texas Permanent School Fund holds 0.01% or 8,125 shares in its portfolio. The Minnesota-based Disciplined Growth Investors Mn has invested 0.18% in Capella Education Company (NASDAQ:CPLA). Northern Corporation accumulated 161,787 shares or 0% of the stock. California State Teachers Retirement Sys last reported 23,722 shares in the company. Royal Bank Of Canada has 0% invested in the company for 4,326 shares. Moreover, Loomis Sayles Limited Partnership has 0% invested in Capella Education Company (NASDAQ:CPLA) for 49 shares.

Insider Transactions: Since May 18, 2016, the stock had 0 insider purchases, and 4 sales for $1.50 million net activity. On Wednesday, May 18 Tukua Darrell R sold $13,057 worth of the stock or 250 shares. Polacek Steven L. sold 2,894 shares worth $179,428. On Wednesday, August 17 the insider GILLIGAN J KEVIN sold $1.00M.

More notable recent Capella Education Company (NASDAQ:CPLA) news were published by: Businesswire.com which released: “Capella Education Company Reports Third Quarter 2016 Results” on October 25, 2016, also Businesswire.com with their article: “Capella Education Company Enters into an Amended and Restated Revolving Credit …” published on December 21, 2015, Businesswire.com published: “Hackbright Academy Joins Capella Education Company to Further Goal of Closing …” on April 22, 2016. More interesting news about Capella Education Company (NASDAQ:CPLA) were released by: Businesswire.com and their article: “Capella Education Company Reports Second Quarter 2016 Results” published on July 26, 2016 as well as Businesswire.com‘s news article titled: “Capella Education Company Reports First Quarter 2016 Results” with publication date: April 26, 2016.

CPLA Company Profile

Capella Education Company, incorporated on December 27, 1991, is an online postsecondary education services company. The Company’s academic programs are delivered through its subsidiary, Capella University (the University), which is an online academic institution offering online postsecondary education services primarily to working adults. The University offers a variety of doctoral, master’s and bachelor’s programs in the public service leadership, nursing and health sciences, behavioral health and human services, business management and information technology, and education markets. The University offers over 1,840 online courses and approximately 50 academic programs with over 160 specializations to nearly 37,000 learners. The Company’s subsidiary, DevMountain, LLC, is involved in software coding industry.

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