Azzad Asset Management Invests $2M in Grand Canyon Education

The investment firm acquired 9,250 shares of the education company's stock in the third quarter.

Published on Feb. 9, 2026

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Azzad Asset Management Inc. ADV acquired a new position in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 9,250 shares of the company's stock, valued at approximately $2,030,000.

Why it matters

Grand Canyon Education is a major player in the online education space, providing a range of academic and operational support services to Grand Canyon University. This investment by Azzad Asset Management signals confidence in the company's growth potential and market position.

The details

Azzad Asset Management, a registered investment advisor, added 9,250 shares of Grand Canyon Education stock to its portfolio in the third quarter. The shares were valued at approximately $2.03 million. The investment comes as Grand Canyon Education continues to expand its online program management capabilities, helping design, market and deliver undergraduate, graduate and certificate programs.

  • Azzad Asset Management acquired the shares in the 3rd quarter of 2026.

The players

Azzad Asset Management Inc. ADV

A registered investment advisor that acquired a new position in shares of Grand Canyon Education, Inc.

Grand Canyon Education, Inc.

A provider of higher education services through a long-term agreement with Grand Canyon University.

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The takeaway

This investment by Azzad Asset Management underscores the continued growth and market relevance of Grand Canyon Education's online education platform and services. As the education landscape evolves, the company's ability to support universities in delivering flexible, technology-enabled programs will likely remain in high demand.