strategic education inc. (nasdaq: stra) is dedicated to enabling economic mobility with education. through a suite of innovative programs and services, we help our working adult students advance their careers and improve their lives. our various learning pathways, include:- strayer university- capella university- jack welch management institute- hackbright academy- devmountain- new york code + design academy- sophia- degrees@work- generation codewith a focus on improving college affordability, student engagement and workforce readiness, we are supporting the growing majority of non-traditional students and ensuring that our graduates have the skills required to succeed in today’s jobs.
Company profile
Ticker
STRA
Exchange
Website
CEO
Raymond McDonnell
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
STRAYER EDUCATION INC
SEC CIK
Corporate docs
Subsidiaries
Capella Education Company, Inc. • Capella Learning Solutions, LLC • Capella University, LLC • Hackbright Academy, LLC • SEI Newco, Inc. • Sophia Learning, LLC • Strayer University, LLC • Workforce Edge, LLC • Latino American Education Holdings Pty Ltd • SEI Australia Education Pty Ltd ...
IRS number
521975978
STRA stock data
Latest filings (excl ownership)
S-3ASR
Automatic shelf registration
25 Apr 24
10-Q
2024 Q1
Quarterly report
25 Apr 24
8-K
Results of Operations and Financial Condition
25 Apr 24
ARS
2023 FY
Annual report to shareholders
11 Mar 24
DEFA14A
Additional proxy soliciting materials
11 Mar 24
DEF 14A
Definitive proxy
11 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Results of Operations and Financial Condition
29 Feb 24
8-K
Regulation FD Disclosure
7 Nov 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
Transcripts
STRA
Earnings call transcript
2024 Q1
25 Apr 24
STRA
Earnings call transcript
2023 Q4
29 Feb 24
STRA
Earnings call transcript
2023 Q3
2 Nov 23
STRA
Earnings call transcript
2023 Q2
27 Jul 23
STRA
Earnings call transcript
2023 Q1
27 Apr 23
STRA
Earnings call transcript
2022 Q4
22 Feb 23
STRA
Earnings call transcript
2022 Q3
3 Nov 22
STRA
Earnings call transcript
2022 Q2
27 Jul 22
STRA
Earnings call transcript
2022 Q1
30 Apr 22
STRA
Earnings call transcript
2021 Q4
25 Feb 22
Latest ownership filings
4
VIET D DINH
2 May 24
4
ROBERT R GRUSKY
1 May 24
144
Notice of proposed sale of securities
30 Apr 24
144
Notice of proposed sale of securities
29 Apr 24
4
William J Slocum
26 Apr 24
4
G THOMAS WAITE III
26 Apr 24
4
Michael Thawley
26 Apr 24
4
Benjamin E Sasse
26 Apr 24
4
Michael A. McRobbie
26 Apr 24
4
Jerry Lavell Johnson
26 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 181.45 mm | 181.45 mm | 181.45 mm | 181.45 mm | 181.45 mm | 181.45 mm |
Cash burn (monthly) | 5.55 mm | 8.08 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 39.75 mm | 57.91 mm | n/a | n/a | n/a | n/a |
Cash remaining | 141.70 mm | 123.54 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 25.6 | 15.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
1.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 22 |
Opened positions | 0 |
Closed positions | 174 |
Increased positions | 8 |
Reduced positions | 10 |
13F shares | Current |
---|---|
Total value | 7.33 bn |
Total shares | 313.31 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
International Assets Investment Management | 178.18 k | $1.93 mm |
New York State Teachers Retirement System | 38.30 k | $3.54 mm |
Exchange Traded Concepts | 17.92 k | $1.66 bn |
Asset Management One | 16.25 k | $1.52 bn |
State of Alaska, Department of Revenue | 13.52 k | $1.25 mm |
Mirae Asset Global Investments | 13.27 k | $1.23 bn |
Raymond James Financial Services Advisors | 11.40 k | $1.05 bn |
Arizona State Retirement System | 6.15 k | $568.45 mm |
Wealthsource Partners | 5.07 k | $468.69 mm |
Nisa Investment Advisors | 4.62 k | $426.38 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Apr 24 | Dinh Viet D | Common Stock | Buy | Acquire P | No | No | 114.83 | 4,300 | 493.77 k | 15,020 |
29 Apr 24 | Grusky Robert R | Common Stock | Sell | Dispose S | No | No | 120.99 | 462 | 55.90 k | 11,945 |
24 Apr 24 | Waite G Thomas Iii | Common Stock | Grant | Acquire A | No | No | 0 | 1,193 | 0.00 | 15,128 |
24 Apr 24 | Michael Thawley | Common Stock | Grant | Acquire A | No | No | 0 | 1,193 | 0.00 | 7,355 |
News
BMO Capital Maintains Outperform on Strategic Education, Raises Price Target to $130
29 Apr 24
Barrington Research Maintains Outperform on Strategic Education, Raises Price Target to $135
25 Apr 24
Why Caterpillar Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
25 Apr 24
12 Consumer Discretionary Stocks Moving In Thursday's Intraday Session
25 Apr 24
Why Strategic Education Shares Are Soaring Today?
25 Apr 24
Press releases
Strayer University Names Dr. Antoinette 'Toni' Farmer-Thompson President
30 Apr 24
Strategic Education, Inc. Reports First Quarter 2024 Results
25 Apr 24
Harvard Business Review Analytic Services Survey Highlights Missed Opportunities for Those Without Tuition Assistance Benefits
27 Mar 24
Strategic Education, Inc. Schedules First Quarter 2024 Results Conference Call
21 Mar 24
Strayer University Places Sixth in NSA Codebreaker Challenge
14 Mar 24