Perdoceo Education (NASDAQ:PRDO) Director Kenda Gonzales Sells 9,308 Shares

Perdoceo Education Corporation (NASDAQ:PRDO) Director Kenda Gonzales sold 9,308 shares of the stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $34.79, for a total value of $323,825.32. Following the sale, the director directly owned 48,158 shares in the company, valued at $1,675,416.82. This represents a 16.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Perdoceo Education Stock Performance

Shares of PRDO opened at $34.27 on Friday. The business’s 50-day moving average is $34.99 and its two-hundred day moving average is $32.61. The company has a market capitalization of $2.15 billion, a P/E ratio of 13.13, a P/E/G ratio of 0.73 and a beta of 0.69. 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 announced its quarterly earnings results on Thursday, May 7th. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.06. The company had revenue of $221.74 million for the quarter, compared to the consensus estimate of $218.40 million. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period last year, the firm earned $0.70 EPS. 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. Analysts forecast that Perdoceo Education Corporation will post 3.11 EPS for the current year.

Perdoceo Education Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Monday, June 1st will be given a dividend of $0.15 per share. The ex-dividend date is Monday, June 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.8%. Perdoceo Education’s dividend payout ratio (DPR) is 22.99%.

Wall Street Analysts Forecast Growth

PRDO has been the topic of a number of analyst reports. Barrington Research set a $44.00 target price on Perdoceo Education in a research report on Friday, May 8th. Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a research report on Tuesday, April 21st. Finally, Zacks Research cut Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $44.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Edgestream Partners L.P. increased its holdings in shares of Perdoceo Education by 54.4% during the 1st quarter. Edgestream Partners L.P. now owns 108,110 shares of the company’s stock worth $4,023,000 after buying an additional 38,080 shares during the last quarter. RBF Capital LLC acquired a new stake in shares of Perdoceo Education during the 1st quarter worth approximately $1,488,000. Amundi increased its holdings in shares of Perdoceo Education by 37.6% during the 1st quarter. Amundi now owns 12,261 shares of the company’s stock worth $456,000 after buying an additional 3,353 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Perdoceo Education by 8.3% during the 1st quarter. Royal Bank of Canada now owns 71,553 shares of the company’s stock worth $2,662,000 after buying an additional 5,470 shares during the last quarter. Finally, Empowered Funds LLC increased its holdings in shares of Perdoceo Education by 13.5% during the 1st quarter. Empowered Funds LLC now owns 104,674 shares of the company’s stock worth $3,895,000 after buying an additional 12,413 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

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.