American Century Cos. Boosts Stake in Grand Canyon Education

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American Century Companies Inc. has significantly increased its stake in Grand Canyon Education, Inc. (NASDAQ:LOPE), a for-profit university, by acquiring an additional 113,176 shares during the third quarter of 2025. This move has resulted in American Century owning approximately 0.63% of Grand Canyon Education, or 175,966 shares, worth an estimated $38.6 million.

Why it matters

The increased investment by American Century in Grand Canyon Education, a major player in the for-profit higher education sector, signals the firm's confidence in the university's growth prospects and long-term potential. This move also highlights the ongoing consolidation and shifting dynamics within the for-profit education industry.

The details

According to a recent SEC filing, American Century Companies Inc. raised its stake in Grand Canyon Education by 180.2% during the third quarter of 2025. The investment firm now owns 175,966 shares of the company's stock, up from 62,790 shares held previously. This acquisition makes American Century one of the larger institutional investors in Grand Canyon Education, which has a market capitalization of $4.52 billion.

• American Century increased its stake in Grand Canyon Education during the third quarter of 2025.