Perdoceo Education (NASDAQ:PRDO) CEO Todd Nelson Sells 11,346 Shares of Stock

Perdoceo Education Corporation (NASDAQ:PRDO) CEO Todd Nelson sold 11,346 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $35.00, for a total transaction of $397,110.00. Following the transaction, the chief executive officer directly owned 432,368 shares of the company’s stock, valued at $15,132,880. This trade represents a 2.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Perdoceo Education Trading Up 1.3%

Shares of Perdoceo Education stock opened at $35.11 on Wednesday. Perdoceo Education Corporation has a twelve month low of $24.05 and a twelve month high of $38.02. The company has a quick ratio of 5.03, a current ratio of 5.06 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average price of $32.49 and a 200-day moving average price of $32.34. The firm has a market cap of $2.19 billion, a price-to-earnings ratio of 14.57, a PEG ratio of 0.76 and a beta of 0.89.

Perdoceo Education (NASDAQ:PRDO) last posted its earnings results on Thursday, February 19th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.05. Perdoceo Education had a return on equity of 17.59% and a net margin of 18.90%.The company had revenue of $211.64 million for the quarter, compared to the consensus estimate of $209.95 million. During the same period in the previous year, the business earned $0.50 earnings per share. The firm’s revenue for the quarter was up 20.0% on a year-over-year basis. 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 research analysts anticipate that Perdoceo Education Corporation will post 2.41 EPS for the current fiscal year.

Perdoceo Education Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Monday, March 2nd were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.7%. Perdoceo Education’s dividend payout ratio (DPR) is 24.90%.

Institutional Investors Weigh In On Perdoceo Education

Several institutional investors have recently modified their holdings of the stock. Royal Bank of Canada boosted its stake in shares of Perdoceo Education by 19.2% during the 1st quarter. Royal Bank of Canada now owns 10,663 shares of the company’s stock worth $269,000 after purchasing an additional 1,717 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Perdoceo Education by 2.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,278 shares of the company’s stock worth $1,417,000 after purchasing an additional 1,235 shares during the period. Goldman Sachs Group Inc. lifted its stake in Perdoceo Education by 49.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock worth $38,964,000 after purchasing an additional 513,599 shares during the last quarter. Jane Street Group LLC lifted its stake in Perdoceo Education by 117.5% in the first quarter. Jane Street Group LLC now owns 267,312 shares of the company’s stock worth $6,731,000 after purchasing an additional 144,395 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Perdoceo Education by 7.0% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,816 shares of the company’s stock valued at $517,000 after buying an additional 1,033 shares during the period. 93.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

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.