Assenagon Asset Management S.A. Has $1.29 Million Stock Holdings in Perdoceo Education Corporation $PRDO

Assenagon Asset Management S.A. trimmed its holdings in Perdoceo Education Corporation (NASDAQ:PRDO) by 83.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,412 shares of the company’s stock after selling 202,625 shares during the period. Assenagon Asset Management S.A.’s holdings in Perdoceo Education were worth $1,293,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of PRDO. Salomon & Ludwin LLC raised its holdings in shares of Perdoceo Education by 72.6% during 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 in the last quarter. Fifth Third Bancorp boosted its holdings in Perdoceo Education by 108.2% in the fourth quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock worth $28,000 after purchasing an additional 504 shares in the last quarter. IFP Advisors Inc increased its position in 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 buying an additional 350 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in Perdoceo Education by 48.8% during the fourth 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 last quarter. Finally, Mcguire Capital Advisors Inc. bought a new position in Perdoceo Education during the fourth quarter valued at about $69,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

PRDO has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research report on Friday, July 17th. Zacks Research lowered Perdoceo Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Wall Street Zen downgraded Perdoceo Education from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Barrington Research set a $44.00 target price on Perdoceo Education in a research report on Friday, May 8th. Two 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, the company currently has an average rating of “Moderate Buy” and an average target price of $44.00.

Insider Activity at Perdoceo Education

In related news, Director Kenda B. Gonzales sold 9,308 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $34.79, for a total value of $323,825.32. Following the transaction, the director owned 48,158 shares of the company’s stock, valued at approximately $1,675,416.82. This trade represents a 16.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Gregory L. Jackson sold 11,271 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $31.78, for a total transaction of $358,192.38. Following the completion of the sale, the chairman owned 64,949 shares of the company’s stock, valued at approximately $2,064,079.22. This trade represents a 14.79% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.46% of the stock is currently owned by corporate insiders.

Perdoceo Education Stock Up 0.4%

Shares of PRDO opened at $32.01 on Friday. Perdoceo Education Corporation has a twelve month low of $26.66 and a twelve month high of $38.50. The stock has a market capitalization of $2.00 billion, a P/E ratio of 11.68, a P/E/G ratio of 0.68 and a beta of 0.71. The company has a 50 day moving average of $32.96 and a 200-day moving average of $33.72.

Perdoceo Education (NASDAQ:PRDO) last issued its earnings results on Thursday, August 6th. The company reported $0.80 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.80. Perdoceo Education had a net margin of 20.62% and a return on equity of 18.93%. The company had revenue of $213.35 million for the quarter, compared to analysts’ expectations of $212.50 million. During the same period in the prior year, the firm earned $0.67 EPS. Perdoceo Education’s quarterly revenue was up 1.8% compared to the same quarter last year. 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. On average, sell-side analysts anticipate that Perdoceo Education Corporation will post 3.13 earnings per share for the current fiscal year.

Perdoceo Education Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.17 per share. This is an increase from Perdoceo Education’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, September 1st. Perdoceo Education’s payout ratio is 21.90%.

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.