JPMorgan Chase & Co. Has $14.25 Million Stock Position in Perdoceo Education Corporation $PRDO

JPMorgan Chase & Co. grew its position in Perdoceo Education Corporation (NASDAQ:PRDO) by 5.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 378,378 shares of the company’s stock after purchasing an additional 19,553 shares during the period. JPMorgan Chase & Co.’s holdings in Perdoceo Education were worth $14,250,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Cresset Asset Management LLC bought a new position in Perdoceo Education during the second quarter valued at approximately $2,453,000. Summit Global Investments bought a new stake in Perdoceo Education in the third quarter worth approximately $1,422,000. Envestnet Asset Management Inc. increased its stake in shares of Perdoceo Education by 215.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 190,888 shares of the company’s stock worth $7,189,000 after purchasing an additional 130,321 shares during the last quarter. Acadian Asset Management LLC increased its stake in shares of Perdoceo Education by 110.8% during the 2nd quarter. Acadian Asset Management LLC now owns 923,698 shares of the company’s stock worth $30,173,000 after purchasing an additional 485,571 shares during the last quarter. Finally, Exchange Traded Concepts LLC raised its holdings in shares of Perdoceo Education by 47.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 159,764 shares of the company’s stock valued at $6,017,000 after purchasing an additional 51,472 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP David C. Czeszewski sold 36,225 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $32.81, for a total transaction of $1,188,542.25. Following the completion of the transaction, the senior vice president directly owned 68,875 shares in the company, valued at $2,259,788.75. This represents a 34.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.11% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

PRDO has been the subject of a number of recent research reports. Wall Street Zen cut shares of Perdoceo Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 12th. Zacks Research upgraded Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Barrington Research reissued an “outperform” rating and set a $42.00 price objective on shares of Perdoceo Education in a report on Monday, January 5th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to MarketBeat, Perdoceo Education currently has an average rating of “Buy” and an average price target of $42.00.

Perdoceo Education Trading Up 1.1%

Shares of NASDAQ:PRDO opened at $34.24 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.03 and a current ratio of 5.06. The stock’s 50-day moving average is $31.63 and its 200-day moving average is $32.21. The company has a market cap of $2.14 billion, a P/E ratio of 14.21, a P/E/G ratio of 0.74 and a beta of 0.89. Perdoceo Education Corporation has a 52-week low of $23.87 and a 52-week high of $38.02.

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

Perdoceo Education Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, March 2nd will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 1.8%. Perdoceo Education’s payout ratio is 24.90%.

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.