Edgestream Partners L.P. Acquires 38,080 Shares of Perdoceo Education Corporation $PRDO

Edgestream Partners L.P. lifted its stake in Perdoceo Education Corporation (NASDAQ:PRDO) by 54.4% in the 1st quarter, HoldingsChannel reports. The firm owned 108,110 shares of the company’s stock after acquiring an additional 38,080 shares during the period. Edgestream Partners L.P.’s holdings in Perdoceo Education were worth $4,023,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. RBF Capital LLC purchased a new position in Perdoceo Education during the first quarter valued at $1,488,000. Amundi grew its holdings in Perdoceo Education by 37.6% during the first quarter. Amundi now owns 12,261 shares of the company’s stock valued at $456,000 after purchasing an additional 3,353 shares during the period. Royal Bank of Canada increased its position in Perdoceo Education by 8.3% in the first 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 in the last quarter. Empowered Funds LLC increased its position in Perdoceo Education by 13.5% in the first 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 in the last quarter. Finally, Quantinno Capital Management LP raised its stake in shares of Perdoceo Education by 12.7% in the first quarter. Quantinno Capital Management LP now owns 27,984 shares of the company’s stock worth $1,041,000 after buying an additional 3,155 shares during the period. 93.46% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, SVP Julia A. Leeman sold 11,315 shares of Perdoceo Education stock in a transaction that occurred 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 sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michele A. Peppers sold 14,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $34.50, for a total value of $483,000.00. Following the completion of the transaction, the insider directly owned 35,748 shares in the company, valued at approximately $1,233,306. This represents a 28.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 38,270 shares of company stock worth $1,336,193. Company insiders own 1.46% of the company’s stock.

Perdoceo Education Stock Performance

PRDO opened at $31.81 on Friday. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 12.19, a price-to-earnings-growth ratio of 0.70 and a beta of 0.70. The firm’s fifty day moving average is $33.19 and its 200 day moving average is $33.69. 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 issued its quarterly earnings results on Thursday, May 7th. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. The business had revenue of $221.74 million during the quarter, compared to analyst estimates of $218.40 million. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.Perdoceo Education’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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. On average, equities research analysts predict that Perdoceo Education Corporation will post 3.11 earnings per share for the current year.

Perdoceo Education Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Monday, June 1st were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.9%. Perdoceo Education’s dividend payout ratio is 22.99%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on PRDO shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research report on Friday, July 17th. Zacks Research lowered shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Barrington Research set a $44.00 target price on shares of Perdoceo Education in a report on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus 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.