Patrick Gross Sells 3,647 Shares of Perdoceo Education (NASDAQ:PRDO) Stock

Perdoceo Education Corporation (NASDAQ:PRDO) Director Patrick Gross sold 3,647 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $34.98, for a total transaction of $127,572.06. Following the completion of the transaction, the director owned 114,970 shares of the company’s stock, valued at $4,021,650.60. This trade represents a 3.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Perdoceo Education Stock Up 0.3%

Perdoceo Education stock opened at $35.03 on Friday. The stock has a market capitalization of $2.20 billion, a PE ratio of 13.42, a price-to-earnings-growth ratio of 0.75 and a beta of 0.73. Perdoceo Education Corporation has a twelve month low of $26.66 and a twelve month high of $38.50. The company has a 50 day moving average of $35.42 and a 200-day moving average of $32.45.

Perdoceo Education (NASDAQ:PRDO) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.06. The company had revenue of $221.74 million during the quarter, compared to analysts’ expectations of $218.40 million. Perdoceo Education had a net margin of 19.91% and a return on equity of 18.51%. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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. Equities analysts anticipate that Perdoceo Education Corporation will post 3.11 EPS for the current fiscal year.

Perdoceo Education Announces Dividend

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

Wall Street Analyst Weigh In

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

Institutional Trading of Perdoceo Education

A number of large investors have recently added to or reduced their stakes in the company. Salomon & Ludwin LLC lifted its stake in Perdoceo Education by 72.6% in the fourth quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock valued at $25,000 after acquiring an additional 341 shares during the last quarter. IFP Advisors Inc lifted its stake in Perdoceo Education by 34.6% in the fourth quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock valued at $40,000 after acquiring an additional 350 shares during the last quarter. Global Retirement Partners LLC lifted its stake in Perdoceo Education by 49.9% in the third quarter. Global Retirement Partners LLC now owns 1,154 shares of the company’s stock valued at $43,000 after acquiring an additional 384 shares during the last quarter. DGS Capital Management LLC lifted its stake in Perdoceo Education by 0.9% in the first quarter. DGS Capital Management LLC now owns 47,534 shares of the company’s stock valued at $1,769,000 after acquiring an additional 410 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its stake in Perdoceo Education by 4.1% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 10,579 shares of the company’s stock valued at $398,000 after acquiring an additional 414 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

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.