Insider Buying: Graham Holdings Co (GHC) Director Purchases 1,800 Shares of Stock

Graham Holdings Co (NYSE:GHC) Director Donald Graham acquired 1,800 shares of Graham stock in a transaction on Friday, August 3rd. The shares were purchased at an average price of $550.21 per share, with a total value of $990,378.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

NYSE:GHC traded down $2.40 on Friday, reaching $562.65. 15,000 shares of the stock traded hands, compared to its average volume of 21,332. The firm has a market cap of $3.01 billion, a P/E ratio of 17.03 and a beta of 0.57. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.90 and a current ratio of 2.00. Graham Holdings Co has a 12 month low of $536.90 and a 12 month high of $625.45.

Graham (NYSE:GHC) last released its quarterly earnings data on Wednesday, August 1st. The company reported $12.05 earnings per share for the quarter, beating analysts’ consensus estimates of $9.23 by $2.82. The business had revenue of $672.68 million during the quarter. Graham had a net margin of 12.32% and a return on equity of 6.48%.

A number of large investors have recently added to or reduced their stakes in GHC. Mount Yale Investment Advisors LLC grew its stake in shares of Graham by 70.1% in the second quarter. Mount Yale Investment Advisors LLC now owns 529 shares of the company’s stock worth $310,000 after acquiring an additional 218 shares during the period. Schroder Investment Management Group lifted its holdings in Graham by 1,174.0% during the second quarter. Schroder Investment Management Group now owns 1,677,716 shares of the company’s stock valued at $56,016,000 after purchasing an additional 1,546,029 shares in the last quarter. Millennium Management LLC purchased a new position in shares of Graham in the second quarter worth $2,350,000. Tower Research Capital LLC TRC lifted its holdings in shares of Graham by 334.5% in the second quarter. Tower Research Capital LLC TRC now owns 504 shares of the company’s stock worth $296,000 after buying an additional 388 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Graham by 39.6% in the second quarter. Bank of America Corp DE now owns 13,841 shares of the company’s stock worth $8,112,000 after buying an additional 3,929 shares in the last quarter. Institutional investors and hedge funds own 97.93% of the company’s stock.

About Graham

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company worldwide. It provides a range of certificate, diploma, and degree programs, as well as online education services; and test preparation business services in pre-college, graduate, health, and bar review, as well as publishes and sells test preparation and other books through retail channels.

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