Vanguard Group Inc. Sells 19,728 Shares of Perdoceo Education Corporation $PRDO

Vanguard Group Inc. cut its position in shares of Perdoceo Education Corporation (NASDAQ:PRDO) by 0.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,349,556 shares of the company’s stock after selling 19,728 shares during the quarter. Vanguard Group Inc. owned approximately 6.70% of Perdoceo Education worth $163,804,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Copeland Capital Management LLC purchased a new position in shares of Perdoceo Education in the 3rd quarter worth approximately $35,497,000. Goldman Sachs Group Inc. boosted its position in Perdoceo Education by 49.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock worth $38,964,000 after purchasing an additional 513,599 shares during the period. Acadian Asset Management LLC increased its stake in shares of Perdoceo Education by 110.8% in the second quarter. Acadian Asset Management LLC now owns 923,698 shares of the company’s stock worth $30,173,000 after purchasing an additional 485,571 shares in the last quarter. Prudential Financial Inc. raised 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 valued at $18,716,000 after purchasing an additional 322,605 shares during the period. Finally, SG Capital Management LLC purchased a new stake in shares of Perdoceo Education during the 2nd quarter valued at approximately $6,282,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Perdoceo Education Price Performance

PRDO opened at $33.41 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.03 and a current ratio of 5.06. The stock has a market capitalization of $2.09 billion, a PE ratio of 13.86, a price-to-earnings-growth ratio of 0.73 and a beta of 0.89. The stock’s 50 day moving average price is $31.46 and its 200-day moving average price is $32.18. Perdoceo Education Corporation has a 52-week low of $23.87 and a 52-week high of $38.02.

Perdoceo Education (NASDAQ:PRDO) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.05. The business had revenue of $211.64 million for the quarter, compared to analysts’ expectations of $209.95 million. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.59%. The firm’s revenue for the quarter was up 20.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. On average, equities research analysts predict that Perdoceo Education Corporation will post 2.41 EPS for the current year.

Perdoceo Education Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Monday, March 2nd will be issued a $0.15 dividend. The ex-dividend date is Monday, March 2nd. This represents a $0.60 annualized dividend and a yield of 1.8%. Perdoceo Education’s dividend payout ratio (DPR) is 24.90%.

Analysts Set New Price Targets

PRDO has been the topic of a number of analyst reports. Zacks Research raised shares of Perdoceo Education from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a report on Thursday, January 22nd. Barrington Research restated an “outperform” rating and issued a $42.00 target price on shares of Perdoceo Education in a research note on Monday, January 5th. Finally, Wall Street Zen lowered shares of Perdoceo Education from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 12th. One research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $42.00.

Insiders Place Their Bets

In other Perdoceo Education news, SVP David C. Czeszewski sold 36,225 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $32.81, for a total transaction of $1,188,542.25. Following the transaction, the senior vice president owned 68,875 shares in the company, valued at approximately $2,259,788.75. This represents a 34.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.11% of the company’s stock.

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.