Inspire Investing LLC acquired a new position in shares of Perdoceo Education Corporation (NASDAQ:PRDO – Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 50,890 shares of the company’s stock, valued at approximately $1,894,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Seizert Capital Partners LLC boosted its holdings in shares of Perdoceo Education by 35.7% during the fourth quarter. Seizert Capital Partners LLC now owns 115,009 shares of the company’s stock worth $3,373,000 after purchasing an additional 30,283 shares during the period. Decker Retirement Planning Inc. purchased a new position in Perdoceo Education during the fourth quarter valued at approximately $3,765,000. Clark Capital Management Group Inc. increased its stake in Perdoceo Education by 67.1% in the 3rd quarter. Clark Capital Management Group Inc. now owns 331,710 shares of the company’s stock valued at $12,492,000 after buying an additional 133,233 shares during the period. GSA Capital Partners LLP increased its stake in Perdoceo Education by 392.3% in the 4th quarter. GSA Capital Partners LLP now owns 61,197 shares of the company’s stock valued at $1,795,000 after buying an additional 48,765 shares during the period. Finally, Callodine Capital Management LP lifted its position in Perdoceo Education by 11.9% in the 3rd quarter. Callodine Capital Management LP now owns 709,582 shares of the company’s stock worth $26,723,000 after buying an additional 75,553 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on the stock. Zacks Research downgraded shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Barrington Research set a $44.00 target price on Perdoceo Education in a research note on Friday, May 8th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research report on Tuesday, April 21st. 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, Perdoceo Education presently has a consensus rating of “Moderate Buy” and a consensus price target of $44.00.
Insider Activity at Perdoceo Education
In other Perdoceo Education news, Director Patrick W. Gross sold 3,647 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $34.98, for a total value of $127,572.06. Following the transaction, the director directly owned 114,970 shares in the company, valued at $4,021,650.60. The trade was a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 $1,233,306. The trade was a 28.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 68,428 shares of company stock valued at $2,482,197. Corporate insiders own 1.46% of the company’s stock.
Perdoceo Education Stock Down 0.6%
Shares of NASDAQ:PRDO opened at $32.00 on Wednesday. The business has a 50 day moving average price of $33.80 and a 200 day moving average price of $33.18. Perdoceo Education Corporation has a twelve month low of $26.66 and a twelve month high of $38.50. The company has a market cap of $2.01 billion, a price-to-earnings ratio of 12.26, a PEG ratio of 0.69 and a beta of 0.69.
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.84 by $0.06. Perdoceo Education had a net margin of 19.91% and a return on equity of 18.51%. The firm had revenue of $221.74 million during the quarter, compared to analysts’ expectations of $218.40 million. During the same period in the prior year, the company earned $0.70 EPS. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. 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. Analysts anticipate that Perdoceo Education Corporation will post 3.11 EPS for the current year.
Perdoceo Education Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Monday, June 1st were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Monday, June 1st. Perdoceo Education’s payout ratio is presently 22.99%.
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.
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