5 Best Education Stocks to Buy In 2022

4. Grand Canyon Education, Inc. (NASDAQ:LOPE)

Number of Hedge Fund Holders: 23

Grand Canyon Education, Inc. (NASDAQ:LOPE) provides a host of services to American universities and colleges. These include academic services, learning management services, faculty training, class scheduling, and others. The firm is headquartered in Phoenix, Arizona.

Grand Canyon Education, Inc. (NASDAQ:LOPE) has one of the strongest gross margins in the industry, with the latest reading placing the metric at 55.5%, nearly two percentage points higher than the five year average. Additionally, the firm’s management is optimistic about future share price growth, as despite $76 million in second quarter operating cash flow, it chose to buy back $128 million worth of shares.

Grand Canyon Education, Inc. (NASDAQ:LOPE)’s shares have dropped by only 3% year to date, holding their ground against broader market sell offs. Insider Monkey’s 895 hedge fund survey for this year’s second quarter revealed that 23 had owned the company’s shares.

Out of these, Cliff Asness’ AQR Capital Management is Grand Canyon Education, Inc. (NASDAQ:LOPE)’s largest investor. It owns 394,101 shares that are worth $36 million.