Perdoceo Education (NASDAQ:PRDO) CFO Ashish Ghia Sells 33,271 Shares

Perdoceo Education Corporation (NASDAQ:PRDO) CFO Ashish Ghia sold 33,271 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $35.08, for a total transaction of $1,167,146.68. Following the sale, the chief financial officer owned 155,691 shares of the company’s stock, valued at approximately $5,461,640.28. This trade represents a 17.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Perdoceo Education Trading Up 0.3%

PRDO stock traded up $0.12 during midday trading on Friday, hitting $34.56. The stock had a trading volume of 2,893,446 shares, compared to its average volume of 584,223. The company has a current ratio of 5.06, a quick ratio of 5.03 and a debt-to-equity ratio of 0.04. The firm has a market cap of $2.16 billion, a P/E ratio of 14.34, a price-to-earnings-growth ratio of 0.75 and a beta of 0.89. The business has a fifty day moving average price of $32.59 and a two-hundred day moving average price of $32.36. Perdoceo Education Corporation has a 1-year low of $24.05 and a 1-year high of $38.02.

Perdoceo Education (NASDAQ:PRDO) last issued its quarterly earnings results on Thursday, February 19th. The company reported $0.59 earnings per share 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 firm had revenue of $211.64 million during the quarter, compared to the consensus estimate of $209.95 million. During the same period last year, the business posted $0.50 EPS. The business’s revenue was up 20.0% compared to the same quarter last year. 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. On average, sell-side analysts predict that Perdoceo Education Corporation will post 2.41 earnings per share for the current fiscal year.

Perdoceo Education Dividend Announcement

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

Institutional Investors Weigh In On Perdoceo Education

Hedge funds have recently added to or reduced their stakes in the company. Copeland Capital Management LLC bought a new stake in shares of Perdoceo Education during the third quarter valued at approximately $35,497,000. Goldman Sachs Group Inc. grew its position in 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 during the period. Northwestern Mutual Wealth Management Co. increased its stake in 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 valued at $11,458,000 after purchasing an additional 390,434 shares in the last quarter. Prudential Financial Inc. increased its stake in Perdoceo Education by 129.1% during the 2nd quarter. Prudential Financial Inc. now owns 572,527 shares of the company’s stock valued at $18,716,000 after purchasing an additional 322,605 shares in the last quarter. Finally, Cerity Partners LLC raised its holdings in 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 buying an additional 291,994 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analyst Upgrades and Downgrades

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