28,616 Shares in Perdoceo Education Corporation $PRDO Acquired by Globeflex Capital L P

Globeflex Capital L P bought a new stake in shares of Perdoceo Education Corporation (NASDAQ:PRDO) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 28,616 shares of the company’s stock, valued at approximately $916,000.

Several other institutional investors have also added to or reduced their stakes in PRDO. BlackRock Inc. purchased a new stake in shares of Perdoceo Education in the 2nd quarter worth $294,217,000. Vanguard Group Inc. increased its position in Perdoceo Education by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 4,465,353 shares of the company’s stock worth $130,969,000 after buying an additional 115,797 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Perdoceo Education by 2.9% in the first quarter. Dimensional Fund Advisors LP now owns 3,907,383 shares of the company’s stock worth $145,395,000 after buying an additional 108,727 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Perdoceo Education by 2.2% in the first quarter. First Trust Advisors LP now owns 2,970,195 shares of the company’s stock worth $110,521,000 after buying an additional 64,399 shares during the period. Finally, State Street Corp lifted its position in shares of Perdoceo Education by 0.8% during the 4th quarter. State Street Corp now owns 2,411,020 shares of the company’s stock valued at $70,715,000 after buying an additional 19,658 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors.

Insider Transactions at Perdoceo Education

In other news, Chairman Gregory L. Jackson sold 11,271 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $31.78, for a total transaction of $358,192.38. Following the sale, the chairman directly owned 64,949 shares of the company’s stock, valued at $2,064,079.22. This represents a 14.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kenda B. Gonzales sold 9,308 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $34.79, for a total value of $323,825.32. Following the transaction, the director owned 48,158 shares of the company’s stock, valued at $1,675,416.82. This represents a 16.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.46% of the stock is currently owned by insiders.

Perdoceo Education Price Performance

Shares of PRDO opened at $33.01 on Tuesday. The firm has a market cap of $2.07 billion, a P/E ratio of 12.05, a price-to-earnings-growth ratio of 0.70 and a beta of 0.71. Perdoceo Education Corporation has a 1 year low of $26.66 and a 1 year high of $38.50. The company has a 50 day simple moving average of $32.77 and a two-hundred day simple moving average of $33.76.

Perdoceo Education (NASDAQ:PRDO) last released its earnings results on Thursday, August 6th. The company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The firm had revenue of $213.35 million for the quarter, compared to the consensus estimate of $212.50 million. Perdoceo Education had a net margin of 20.62% and a return on equity of 18.93%. The company’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.67 earnings per share. Perdoceo Education has set its Q3 2026 guidance at 0.730-0.740 EPS and its FY 2026 guidance at 3.100-3.160 EPS. On average, sell-side analysts anticipate that Perdoceo Education Corporation will post 3.13 earnings per share for the current year.

Perdoceo Education Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Tuesday, September 1st will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 2.1%. This is a positive change from Perdoceo Education’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Tuesday, September 1st. Perdoceo Education’s payout ratio is presently 21.90%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on PRDO shares. Wall Street Zen lowered shares of Perdoceo Education from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research note on Friday, July 17th. Finally, Barrington Research set a $44.00 target price on shares of Perdoceo Education in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Perdoceo Education has a consensus rating of “Moderate Buy” and an average target price of $44.00.

Perdoceo Education Profile

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.