Apollo Group News

Due in part to their reputation for being unable to place alumni into the workforce, most for-profit schools have been posting a decline in student enrollment in recent quarters.

According to GuruFocus Insider Data , these are the largest insider sells during the past week.

The name "Apollo" immediately conjures up images and feelings of power. The Greek deity of truth and forays into outer space come to mind.

For months, there's been water leaking in Meyers High School. No one knows exactly where it's coming from or where it's going.

For-profit colleges are a $30 billion dollar industry that receive almost 90 percent of their money from the U.S. Government via federal student loans and grants from eligible students.

Shares of Apollo Group, Inc. hit a new 52-week high on Tuesday. The stock traded as high as $58.29 during mid-day trading and last traded at $57.69. The stock previously closed at $57.19. Separately, analysts at Citigroup raised their price target on shares of Apollo Group to $58.00 in a research note to investors on Friday, January 6th.

Rank-and-file shareholders have no voting power. The corporate board of directors serves at the pleasure of the company's founder, whose family has complete control.