Perdoceo Education Corporation (NASDAQ:PRDO - Get Free Report) CEO Todd Nelson sold 11,346 shares of the firm's stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $35.00, for a total value of $397,110.00. Following the sale, the chief executive officer directly owned 432,368 shares of the company's stock, valued at $15,132,880. This represents a 2.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Perdoceo Education Stock Performance
Shares of Perdoceo Education stock opened at $35.11 on Wednesday. The stock's fifty day moving average is $32.49 and its two-hundred day moving average is $32.34. The company has a market capitalization of $2.19 billion, a PE ratio of 14.57, a price-to-earnings-growth ratio of 0.76 and a beta of 0.89. The company has a quick ratio of 5.03, a current ratio of 5.06 and a debt-to-equity ratio of 0.04. Perdoceo Education Corporation has a 52 week low of $24.05 and a 52 week high of $38.02.
Perdoceo Education (NASDAQ:PRDO - Get Free Report) last released its earnings results on Thursday, February 19th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.05. The business had revenue of $211.64 million during the quarter, compared to the consensus estimate of $209.95 million. Perdoceo Education had a return on equity of 17.59% and a net margin of 18.90%.The business's revenue for the quarter was up 20.0% compared to the same quarter last year. During the same period last year, the company earned $0.50 earnings per share. Perdoceo Education has set its Q1 2026 guidance at 0.830-0.850 EPS and its FY 2026 guidance at 2.970-3.120 EPS. As a group, analysts expect that Perdoceo Education Corporation will post 2.41 earnings per share for the current year.
Perdoceo Education Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Monday, March 2nd. Perdoceo Education's payout ratio is 24.90%.
Institutional Trading of Perdoceo Education
Hedge funds have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. grew its holdings in Perdoceo Education by 48.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company's stock worth $63,000 after acquiring an additional 699 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new position in Perdoceo Education during the 4th quarter valued at about $69,000. Invesco Ltd. raised its holdings in shares of Perdoceo Education by 17.3% in the 4th quarter. Invesco Ltd. now owns 556,175 shares of the company's stock valued at $16,313,000 after purchasing an additional 81,878 shares in the last quarter. Vident Advisory LLC raised its holdings in shares of Perdoceo Education by 17.8% in the 4th quarter. Vident Advisory LLC now owns 20,685 shares of the company's stock valued at $607,000 after purchasing an additional 3,128 shares in the last quarter. Finally, State of Tennessee Department of Treasury lifted its position in shares of Perdoceo Education by 39.8% in the 4th quarter. State of Tennessee Department of Treasury now owns 47,929 shares of the company's stock worth $1,535,000 after purchasing an additional 13,642 shares during the period. 93.46% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of brokerages have recently commented on PRDO. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Perdoceo Education in a research report on Thursday, January 22nd. Barrington Research reiterated an "outperform" rating and issued a $42.00 price target on shares of Perdoceo Education in a report on Monday, January 5th. Finally, Zacks Research raised Perdoceo Education from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. Based on data from MarketBeat, Perdoceo Education currently has an average rating of "Buy" and an average target price of $42.00.
Read Our Latest Report on PRDO
About Perdoceo Education
(
Get Free Report)
Perdoceo Education Corporation (NASDAQ: PRDO) is a for-profit postsecondary education provider offering certificate, associate, bachelor's and master's degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers.
With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings.
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