Perdoceo Education (NASDAQ:PRDO) CFO Sells $410,293.00 in Stock

Perdoceo Education Corporation (NASDAQ:PRDOGet Free Report) CFO Ashish Ghia sold 11,089 shares of Perdoceo Education stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $37.00, for a total value of $410,293.00. Following the completion of the sale, the chief financial officer directly owned 144,602 shares of the company’s stock, valued at $5,350,274. The trade was a 7.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Perdoceo Education Trading Up 3.4%

PRDO traded up $1.25 during mid-day trading on Wednesday, hitting $37.86. 1,080,786 shares of the stock were exchanged, compared to its average volume of 597,930. The firm’s fifty day moving average is $32.82 and its two-hundred day moving average is $32.42. Perdoceo Education Corporation has a 1-year low of $24.05 and a 1-year high of $38.02. The company has a market cap of $2.37 billion, a PE ratio of 15.71, a PEG ratio of 0.78 and a beta of 0.89. The company has a current ratio of 5.06, a quick ratio of 5.03 and a debt-to-equity ratio of 0.04.

Perdoceo Education (NASDAQ:PRDOGet Free Report) last released its 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 company had revenue of $211.64 million during the quarter, compared to the consensus estimate of $209.95 million. Perdoceo Education had a return on equity of 17.59% and a net margin of 18.90%.Perdoceo Education’s revenue was up 20.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.50 EPS. 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. Equities analysts forecast that Perdoceo Education Corporation will post 2.41 earnings per share for the current fiscal year.

Perdoceo Education Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, March 2nd. Perdoceo Education’s dividend payout ratio (DPR) is currently 24.90%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Barrington Research reaffirmed an “outperform” rating and set a $42.00 price objective on shares of Perdoceo Education in a research report on Monday, January 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a report on Thursday, January 22nd. Finally, Zacks Research raised Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $42.00.

Read Our Latest Stock Analysis on Perdoceo Education

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Copeland Capital Management LLC acquired a new position in Perdoceo Education during the 3rd quarter worth approximately $35,497,000. Goldman Sachs Group Inc. raised its holdings in shares of Perdoceo Education by 49.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock valued at $38,964,000 after purchasing an additional 513,599 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Perdoceo Education by 183,302.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 390,647 shares of the company’s stock worth $11,458,000 after purchasing an additional 390,434 shares during the last quarter. Prudential Financial Inc. lifted its position in shares of Perdoceo Education by 129.1% during the 2nd quarter. Prudential Financial Inc. now owns 572,527 shares of the company’s stock worth $18,716,000 after purchasing an additional 322,605 shares during the last quarter. Finally, Cerity Partners LLC grew its stake in shares of Perdoceo Education by 874.1% during the fourth quarter. Cerity Partners LLC now owns 325,400 shares of the company’s stock worth $9,544,000 after purchasing an additional 291,994 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

About Perdoceo Education

(Get Free Report)

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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Insider Buying and Selling by Quarter for Perdoceo Education (NASDAQ:PRDO)

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