Insider Selling: Perdoceo Education (NASDAQ:PRDO) CEO Sells $397,110.00 in Stock

Perdoceo Education Corporation (NASDAQ:PRDO) CEO Todd Nelson sold 11,346 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $35.00, for a total transaction of $397,110.00. Following the completion of the sale, the chief executive officer owned 432,368 shares of the company’s stock, valued at approximately $15,132,880. This represents a 2.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Perdoceo Education Stock Performance

PRDO stock opened at $34.44 on Friday. The business’s 50-day moving average price is $32.59 and its two-hundred day moving average price is $32.36. The company has a current ratio of 5.06, a quick ratio of 5.03 and a debt-to-equity ratio of 0.04. The firm has a market cap of $2.15 billion, a PE ratio of 14.29, a P/E/G ratio of 0.75 and a beta of 0.89. Perdoceo Education Corporation has a 1-year low of $24.05 and a 1-year high of $38.02.

Perdoceo Education (NASDAQ:PRDO) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.05. The company 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 company’s revenue for the quarter was up 20.0% compared to the same quarter last year. During the same period in the prior 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, research analysts forecast that Perdoceo Education Corporation will post 2.41 earnings per share for the current year.

Perdoceo Education Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Monday, March 2nd were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Monday, March 2nd. Perdoceo Education’s dividend payout ratio is presently 24.90%.

Institutional Investors Weigh In On Perdoceo Education

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Copeland Capital Management LLC acquired a new position in Perdoceo Education during the 3rd quarter worth approximately $35,497,000. Goldman Sachs Group Inc. raised its holdings in shares of Perdoceo Education by 49.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock valued at $38,964,000 after purchasing an additional 513,599 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Perdoceo Education by 183,302.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 390,647 shares of the company’s stock worth $11,458,000 after purchasing an additional 390,434 shares in the last quarter. Prudential Financial Inc. lifted its position in shares of Perdoceo Education by 129.1% in the second quarter. Prudential Financial Inc. now owns 572,527 shares of the company’s stock worth $18,716,000 after purchasing an additional 322,605 shares in the last quarter. Finally, Cerity Partners LLC boosted its holdings in Perdoceo Education by 874.1% during the fourth quarter. Cerity Partners LLC now owns 325,400 shares of the company’s stock worth $9,544,000 after purchasing an additional 291,994 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on PRDO. Barrington Research reaffirmed an “outperform” rating and issued a $42.00 price target on shares of Perdoceo Education in a research note on Monday, January 5th. Zacks Research upgraded shares of Perdoceo Education from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. According to data from MarketBeat.com, Perdoceo Education presently has a consensus rating of “Buy” and a consensus target price of $42.00.

Perdoceo Education Company 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.