Todd Nelson Sells 40,000 Shares of Perdoceo Education (NASDAQ:PRDO) Stock

Perdoceo Education Corporation (NASDAQ:PRDO) CEO Todd Nelson sold 40,000 shares of Perdoceo Education stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $34.86, for a total value of $1,394,400.00. Following the completion of the transaction, the chief executive officer owned 443,714 shares in the company, valued at $15,467,870.04. The trade was a 8.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Perdoceo Education Stock Performance

NASDAQ PRDO traded up $0.44 during trading on Tuesday, hitting $35.11. The company’s stock had a trading volume of 754,325 shares, compared to its average volume of 535,463. Perdoceo Education Corporation has a 52 week low of $24.05 and a 52 week high of $38.02. The firm has a market cap of $2.19 billion, a P/E ratio of 14.57, a price-to-earnings-growth ratio of 0.78 and a beta of 0.89. The firm has a 50 day moving average price of $32.42 and a 200 day moving average price of $32.32. The company has a quick ratio of 5.03, a current ratio of 5.06 and a debt-to-equity ratio of 0.04.

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

Perdoceo Education Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Monday, March 2nd were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, March 2nd. Perdoceo Education’s payout ratio is currently 24.90%.

Hedge Funds Weigh In On Perdoceo Education

A number of hedge funds have recently modified their holdings of PRDO. CBIZ Investment Advisory Services LLC acquired a new stake in Perdoceo Education in the 3rd quarter valued at $25,000. Salomon & Ludwin LLC lifted its holdings in shares of Perdoceo Education by 72.6% during the fourth quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock valued at $25,000 after acquiring an additional 341 shares during the period. Fifth Third Bancorp lifted its holdings in shares of Perdoceo Education by 108.2% during the fourth quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock valued at $28,000 after acquiring an additional 504 shares during the period. First Horizon Corp acquired a new stake in shares of Perdoceo Education in the 3rd quarter valued at $29,000. Finally, Blue Trust Inc. boosted its stake in shares of Perdoceo Education by 81.5% in the 3rd quarter. Blue Trust Inc. now owns 833 shares of the company’s stock valued at $31,000 after purchasing an additional 374 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

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.