Insider Selling: Perdoceo Education (NASDAQ:PRDO) Chairman Sells $358,192.38 in Stock

Perdoceo Education Corporation (NASDAQ:PRDO) Chairman Gregory Jackson sold 11,271 shares of the company’s stock in a transaction 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 transaction, the chairman directly owned 64,949 shares in the company, valued at $2,064,079.22. This trade represents a 14.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Perdoceo Education Trading Up 0.3%

Shares of NASDAQ:PRDO traded up $0.10 during trading on Wednesday, hitting $31.34. 839,481 shares of the company’s stock were exchanged, compared to its average volume of 650,051. Perdoceo Education Corporation has a 1-year low of $26.66 and a 1-year high of $38.50. The firm has a market cap of $1.97 billion, a P/E ratio of 11.44, a PEG ratio of 0.67 and a beta of 0.71. The firm has a 50-day moving average price of $33.05 and a two-hundred day moving average price of $33.73.

Perdoceo Education (NASDAQ:PRDO) last issued its earnings results on Thursday, August 6th. The company reported $0.80 EPS for the quarter, meeting the consensus estimate of $0.80. The company had revenue of $213.35 million during the quarter, compared to analysts’ expectations of $212.50 million. Perdoceo Education had a net margin of 20.62% and a return on equity of 18.93%. The business’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS. 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, research analysts predict that Perdoceo Education Corporation will post 3.13 EPS for the current year.

Perdoceo Education Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Tuesday, September 1st will be given a $0.17 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.2%. This is an increase from Perdoceo Education’s previous quarterly dividend of $0.15. Perdoceo Education’s dividend payout ratio is currently 24.82%.

Institutional Investors Weigh In On Perdoceo Education

Several institutional investors and hedge funds have recently bought and sold shares of PRDO. Salomon & Ludwin LLC increased its stake in shares of Perdoceo Education by 72.6% in the 4th quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock valued at $25,000 after purchasing an additional 341 shares during the last quarter. Fifth Third Bancorp raised its holdings in Perdoceo Education by 108.2% in the 4th quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock valued at $28,000 after buying an additional 504 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Perdoceo Education by 34.6% during the fourth quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock worth $40,000 after purchasing an additional 350 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in Perdoceo Education by 48.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company’s stock worth $63,000 after buying an additional 699 shares during the period. Finally, Mcguire Capital Advisors Inc. bought a new stake in Perdoceo Education in the fourth quarter valued at approximately $69,000. Institutional investors own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

PRDO has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of Perdoceo Education from a “buy” rating to a “hold” rating in a research note on Saturday. Barrington Research set a $44.00 price objective on Perdoceo Education in a research note on Friday, May 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research report on Friday, July 17th. Finally, Zacks Research lowered shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Perdoceo Education currently has an average rating of “Moderate Buy” and a consensus 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.