Julia Leeman Sells 11,315 Shares of Perdoceo Education (NASDAQ:PRDO) Stock

Perdoceo Education Corporation (NASDAQ:PRDO) SVP Julia Leeman sold 11,315 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $35.51, for a total transaction of $401,795.65. Following the completion of the sale, the senior vice president owned 21,924 shares in the company, valued at $778,521.24. This represents a 34.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Perdoceo Education Stock Up 0.3%

Perdoceo Education stock opened at $35.03 on Friday. Perdoceo Education Corporation has a 52 week low of $26.66 and a 52 week high of $38.50. The firm’s 50-day simple moving average is $35.42 and its 200 day simple moving average is $32.45. The firm has a market capitalization of $2.20 billion, a PE ratio of 13.42, a P/E/G ratio of 0.75 and a beta of 0.73.

Perdoceo Education (NASDAQ:PRDO) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.90 EPS for the quarter, topping 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 business had revenue of $221.74 million for the quarter, compared to analyst estimates of $218.40 million. During the same period in the previous year, the firm earned $0.70 EPS. The business’s revenue for the quarter 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. On average, research analysts expect that Perdoceo Education Corporation will post 3.11 EPS for the current fiscal year.

Perdoceo Education Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Sei Investments Co. raised its stake in Perdoceo Education by 11.1% in the 1st quarter. Sei Investments Co. now owns 262,978 shares of the company’s stock valued at $9,785,000 after purchasing an additional 26,250 shares during the last quarter. State of Wyoming raised its stake in Perdoceo Education by 35.8% in the 1st quarter. State of Wyoming now owns 19,573 shares of the company’s stock valued at $728,000 after purchasing an additional 5,164 shares during the last quarter. Cetera Investment Advisers raised its stake in Perdoceo Education by 18.2% in the 1st quarter. Cetera Investment Advisers now owns 16,800 shares of the company’s stock valued at $625,000 after purchasing an additional 2,591 shares during the last quarter. First Trust Advisors LP raised its stake in Perdoceo Education by 2.2% in the 1st quarter. First Trust Advisors LP now owns 2,970,195 shares of the company’s stock valued at $110,521,000 after purchasing an additional 64,399 shares during the last quarter. Finally, Meeder Asset Management Inc. acquired a new position in shares of Perdoceo Education during the 1st quarter valued at about $83,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on PRDO shares. Barrington Research set a $44.00 target price on shares of Perdoceo Education in a research note on Friday, May 8th. Zacks Research downgraded shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research note 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $44.00.

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.