Perdoceo Education (NASDAQ:PRDO) Director Sells $323,825.32 in Stock

Perdoceo Education Corporation (NASDAQ:PRDO) Director Kenda Gonzales sold 9,308 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $34.79, for a total value of $323,825.32. Following the transaction, the director directly owned 48,158 shares in the company, valued at $1,675,416.82. This trade represents a 16.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Perdoceo Education Stock Up 0.4%

Shares of NASDAQ:PRDO traded up $0.13 during midday trading on Friday, hitting $34.27. The stock had a trading volume of 398,728 shares, compared to its average volume of 604,139. The company has a market cap of $2.15 billion, a P/E ratio of 13.13, a PEG ratio of 0.71 and a beta of 0.69. Perdoceo Education Corporation has a 12 month low of $26.66 and a 12 month high of $38.50. The business’s 50-day simple moving average is $35.06 and its 200-day simple moving average is $32.59.

Perdoceo Education (NASDAQ:PRDO) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. The firm 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 company’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter last year, the company posted $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. As a group, equities 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 declared 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 dividend on an annualized basis and a yield of 1.8%. Perdoceo Education’s dividend payout ratio (DPR) is presently 22.99%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Edgestream Partners L.P. lifted its position in Perdoceo Education by 54.4% during the first quarter. Edgestream Partners L.P. now owns 108,110 shares of the company’s stock worth $4,023,000 after acquiring an additional 38,080 shares during the last quarter. RBF Capital LLC bought a new position in shares of Perdoceo Education during the first quarter worth approximately $1,488,000. Amundi lifted its holdings in Perdoceo Education by 37.6% during the 1st quarter. Amundi now owns 12,261 shares of the company’s stock worth $456,000 after purchasing an additional 3,353 shares during the last quarter. Royal Bank of Canada lifted its holdings in 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 purchasing an additional 5,470 shares during the last quarter. Finally, Empowered Funds LLC boosted its stake in Perdoceo Education by 13.5% in the 1st quarter. Empowered Funds LLC now owns 104,674 shares of the company’s stock valued at $3,895,000 after purchasing an additional 12,413 shares during the period. 93.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

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.