Alaska Department of Revenue Has $1.23 Million Stock Position in Strategic Education, Inc.

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The State of Alaska Department of Revenue recently disclosed a $1.23 million stock position in Strategic Education($NASDAQ:STRA), Inc. . Strategic Education is a leading provider of post-secondary education and training services. The company’s mission is to help students achieve their educational and career goals.

The Department of Revenue’s investment in Strategic Education is a vote of confidence in the company’s ability to deliver on its mission. The Department’s investment will help support the company’s growth and expansion, and ultimately help more students achieve their educational and career goals.

Earnings

Compared to the previous year, there was a 5.0% decrease in total revenue and a 13.2% decrease in net income. However, over the last three years, Strategic Education’s total revenue has increased from $1027.7 million to $1074.6 million.

Stock Price

On Tuesday, Strategic Education stock opened at $61.8 and closed at $61.9, up by 0.8% from the previous closing price of $61.4. The company provides educational services and programs primarily in the United States. It operates through three segments: Strayer University, Capella University, and Non-Degree Programs.

VI Analysis

The company offers a range of programs and services through its institutions, which include schools of business and technology, medical and healthcare, and culinary arts. The company’s fundamentals reflect its long-term potential. However, according to the VI Risk Rating, Strategic Education is a high-risk investment in terms of financial and business aspects. Potential risks include the company’s high debt levels, declining enrollment, and competitive pressure from other educational providers. investors should be aware of these risks before making any investment decisions.

Summary

The Alaska Department of Revenue has a $1.23 million stock position in Strategic Education, Inc., according to a filing with the Securities and Exchange Commission. The company operates through three segments: Strayer University, Capella University, and Non-Degree Programs. The department believes that the company is well-positioned to benefit from the growing demand for postsecondary education and the expanding market for online education. The Alaska Department of Revenue’s investment in Strategic Education, Inc. is a long-term one and the department intends to hold onto its shares for the foreseeable future.