76,600 Shares in Perdoceo Education Corporation $PRDO Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new stake in shares of Perdoceo Education Corporation (NASDAQ:PRDO) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 76,600 shares of the company’s stock, valued at approximately $2,451,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. BlackRock Inc. acquired a new stake in Perdoceo Education in the 2nd quarter valued at $294,217,000. Vanguard Group Inc. boosted its position in shares of 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 during the period. Dimensional Fund Advisors LP boosted its position in shares of 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 during the period. First Trust Advisors LP raised its holdings in shares of Perdoceo Education by 2.2% during the 1st quarter. First Trust Advisors LP now owns 2,970,195 shares of the company’s stock valued at $110,521,000 after buying an additional 64,399 shares during the period. Finally, State Street Corp raised its stake in shares of Perdoceo Education by 0.8% during the fourth quarter. State Street Corp now owns 2,411,020 shares of the company’s stock valued at $70,715,000 after purchasing an additional 19,658 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insider Transactions at Perdoceo Education

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

Perdoceo Education Trading Down 0.7%

Shares of NASDAQ PRDO opened at $33.57 on Friday. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 12.25, a price-to-earnings-growth ratio of 0.72 and a beta of 0.71. Perdoceo Education Corporation has a 12-month low of $26.66 and a 12-month high of $38.50. The stock’s 50 day simple moving average is $32.89 and its 200 day simple moving average is $33.80.

Perdoceo Education (NASDAQ:PRDO) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. Perdoceo Education had a return on equity of 18.93% and a net margin of 20.62%.The firm had revenue of $213.35 million during the quarter, compared to the consensus estimate of $212.50 million. During the same period in the prior year, the business earned $0.67 EPS. The firm’s revenue was up 1.8% on a year-over-year basis. 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. As a group, equities analysts forecast that Perdoceo Education Corporation will post 3.13 earnings per share for the current fiscal year.

Perdoceo Education Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.17 per share. This is an increase from Perdoceo Education’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Tuesday, September 1st. Perdoceo Education’s payout ratio is currently 21.90%.

Analyst Ratings Changes

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