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)
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
8-K
Results of Operations and Financial Condition
2 Nov 23
8-K
Departure of Directors or Certain Officers
1 Sep 23
10-Q
2023 Q2
Quarterly report
27 Jul 23
Transcripts
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
STRA
Earnings call transcript
2021 Q3
6 Nov 21
Latest ownership filings
SC 13D/A
INCLUSIVE CAPITAL PARTNERS, L.P.
15 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
4
Tal Darmon
29 Feb 24
4
Christa Hokenson
29 Feb 24
4
LIZETTE BENEDI HERRAIZ
29 Feb 24
4
DANIEL WAYNE JACKSON
29 Feb 24
4
RAYMOND KARL MCDONNELL
29 Feb 24
4
ROBERT S SILBERMAN
29 Feb 24
144
Notice of proposed sale of securities
27 Feb 24
144
Notice of proposed sale of securities
27 Feb 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 | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
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) | 33.07 mm | 48.18 mm | n/a | n/a | n/a | n/a |
Cash remaining | 148.38 mm | 133.27 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 26.8 | 16.5 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
28 Feb 24 | Darmon Tal | Common Stock | Grant | Acquire A | No | No | 0 | 4,471 | 0.00 | 22,879 |
28 Feb 24 | Robert S Silberman | Common Stock | Grant | Acquire A | No | No | 0 | 34,189 | 0.00 | 277,772 |
28 Feb 24 | Daniel Wayne Jackson | Common Stock | Grant | Acquire A | No | No | 0 | 21,040 | 0.00 | 92,810 |
28 Feb 24 | Christa Hokenson | Common Stock | Grant | Acquire A | No | No | 0 | 10,520 | 0.00 | 52,260 |
28 Feb 24 | Lizette Benedi Herraiz | Common Stock | Grant | Acquire A | No | No | 0 | 10,520 | 0.00 | 57,681 |
27 Feb 24 | Robert S Silberman | Common Stock | Payment of exercise | Dispose F | No | No | 95.85 | 9,940 | 952.75 k | 243,583 |
27 Feb 24 | Daniel Wayne Jackson | Common Stock | Sell | Dispose S | No | Yes | 95.95 | 3,713 | 356.26 k | 71,770 |
27 Feb 24 | Daniel Wayne Jackson | Common Stock | Payment of exercise | Dispose F | No | No | 95.85 | 3,127 | 299.72 k | 75,483 |
27 Feb 24 | Christa Hokenson | Common Stock | Payment of exercise | Dispose F | No | No | 95.85 | 1,080 | 103.52 k | 41,740 |
27 Feb 24 | Lizette Benedi Herraiz | Common Stock | Payment of exercise | Dispose F | No | No | 95.85 | 1,284 | 123.07 k | 47,161 |
News
Unveiling 4 Analyst Insights On Strategic Education
5 Mar 24
B of A Securities Maintains Buy on Strategic Education, Raises Price Target to $124
5 Mar 24
BMO Capital Maintains Outperform on Strategic Education, Raises Price Target to $123
1 Mar 24
Truist Securities Maintains Hold on Strategic Education, Raises Price Target to $110
1 Mar 24
Barrington Research Maintains Outperform on Strategic Education, Raises Price Target to $125
29 Feb 24
Press releases
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
Strategic Education, Inc. Publishes 2023 Annual Report and Letter to Shareholders
11 Mar 24
Strategic Education, Inc. Reports Fourth Quarter 2023 Results
29 Feb 24