New insider activity at Legacy Education Inc. ( (LGCY) ) has taken place on March 15, 2025.
Significant shareholder Robert DeRose has made a notable investment in Legacy Education Inc. by purchasing 3,000 shares of the company’s stock. This transaction is valued at $19,994, highlighting DeRose’s confidence in the company’s future prospects.
Recent Updates on LGCY stock
Legacy Education Inc. has shown a robust financial performance in its recent Q2 earnings report, with a 29% increase in revenue to $13.6 million and a notable rise in student enrollment, driven by strategic acquisitions such as Contra Costa Medical Career College. This acquisition added 14 new programs and significantly boosted enrollment figures. Despite challenges like the Los Angeles fires and regulatory scrutiny, the company demonstrated resilience by maintaining operations and transitioning to online learning. The strong financial metrics, including a net income of $1.4 million and an EBITDA increase to $1.8 million, underscore effective financial management. Legacy Education’s strategic focus on expanding healthcare programs and its successful integration of acquisitions position it favorably for future growth, reflecting optimism in its forward-looking guidance.
More about Legacy Education Inc.
YTD Price Performance: -20.83%
Average Trading Volume: 88,879
Technical Sentiment Consensus Rating: Strong Buy