Perdoceo Education (NASDAQ:PRDO) SVP Sells $401,795.65 in Stock

Perdoceo Education Corporation (NASDAQ:PRDO) SVP Julia Leeman sold 11,315 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $35.51, for a total transaction of $401,795.65. Following the completion of the transaction, the senior vice president owned 21,924 shares of the company’s stock, valued at approximately $778,521.24. This trade represents a 34.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Perdoceo Education Stock Performance

Shares of NASDAQ:PRDO traded down $0.20 during trading on Wednesday, hitting $34.92. The company’s stock had a trading volume of 515,156 shares, compared to its average volume of 589,147. The business has a 50 day moving average price of $35.37 and a two-hundred day moving average price of $32.47. The company has a market capitalization of $2.19 billion, a PE ratio of 13.38, a P/E/G ratio of 0.76 and a beta of 0.73. Perdoceo Education Corporation has a fifty-two week low of $26.66 and a fifty-two week high of $38.50.

Perdoceo Education (NASDAQ:PRDO) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.84 by $0.06. The business had revenue of $221.74 million during the quarter, compared to the consensus estimate of $218.40 million. Perdoceo Education had a net margin of 19.91% and a return on equity of 18.51%. The company’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.70 earnings per share. Perdoceo Education has set its FY 2026 guidance at 3.050-3.160 EPS and its Q2 2026 guidance at 0.790-0.800 EPS. As a group, equities analysts expect that Perdoceo Education Corporation will post 3.11 earnings per share for the current fiscal year.

Perdoceo Education Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Monday, June 1st will be paid a $0.15 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.60 annualized dividend and a dividend yield of 1.7%. Perdoceo Education’s payout ratio is 22.99%.

Hedge Funds Weigh In On Perdoceo Education

A number of institutional investors and hedge funds have recently modified their holdings of PRDO. Copeland Capital Management LLC grew its stake in shares of Perdoceo Education by 82.1% during the fourth quarter. Copeland Capital Management LLC now owns 1,716,850 shares of the company’s stock worth $50,355,000 after purchasing an additional 774,285 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in 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 acquiring an additional 513,599 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in 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 valued at $11,458,000 after acquiring an additional 390,434 shares during the last quarter. Cerity Partners LLC lifted its position in Perdoceo Education by 874.1% in the fourth quarter. Cerity Partners LLC now owns 325,400 shares of the company’s stock valued at $9,544,000 after acquiring an additional 291,994 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in Perdoceo Education by 10.6% in the fourth quarter. First Trust Advisors LP now owns 2,905,796 shares of the company’s stock valued at $85,227,000 after acquiring an additional 278,825 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on PRDO. Zacks Research downgraded shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a research note on Tuesday, April 21st. 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 issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $44.00.

About Perdoceo Education

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.