Insider Selling: Perdoceo Education (NASDAQ:PRDO) CFO Sells 11,089 Shares of Stock

Perdoceo Education Corporation (NASDAQ:PRDOGet Free Report) CFO Ashish Ghia sold 11,089 shares of the business’s stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $37.00, for a total value of $410,293.00. Following the transaction, the chief financial officer directly owned 144,602 shares in the company, valued at $5,350,274. This trade represents a 7.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Perdoceo Education Trading Up 3.4%

NASDAQ:PRDO traded up $1.25 during trading hours on Wednesday, hitting $37.86. The company had a trading volume of 1,080,786 shares, compared to its average volume of 597,930. Perdoceo Education Corporation has a 1 year low of $24.05 and a 1 year high of $38.02. The company has a market cap of $2.37 billion, a P/E ratio of 15.71, a P/E/G ratio of 0.78 and a beta of 0.89. The company has a 50-day moving average of $32.82 and a 200 day moving average of $32.42. The company has a current ratio of 5.06, a quick ratio of 5.03 and a debt-to-equity ratio of 0.04.

Perdoceo Education (NASDAQ:PRDOGet Free Report) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.59 EPS for the quarter, topping the consensus estimate 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 return on equity of 17.59% and a net margin of 18.90%.The company’s quarterly revenue was up 20.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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. Sell-side analysts expect that Perdoceo Education Corporation will post 2.41 earnings per share for the current year.

Perdoceo Education Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 1.6%. Perdoceo Education’s payout ratio is 24.90%.

Institutional Investors Weigh In On Perdoceo Education

A number of institutional investors have recently made changes to their positions in the stock. Salomon & Ludwin LLC raised its stake in shares of Perdoceo Education by 72.6% in the 4th 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. IFP Advisors Inc increased its holdings in Perdoceo Education by 34.6% in the 4th quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock valued at $40,000 after purchasing an additional 350 shares during the last quarter. Blue Trust Inc. increased its holdings in 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 during the last quarter. Global Retirement Partners LLC raised its position in Perdoceo Education by 49.9% in the third quarter. Global Retirement Partners LLC now owns 1,154 shares of the company’s stock valued at $43,000 after purchasing an additional 384 shares during the period. Finally, Vanguard Personalized Indexing Management LLC raised its position in Perdoceo Education by 4.1% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 10,579 shares of the company’s stock valued at $398,000 after purchasing an additional 414 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently weighed in on PRDO shares. Zacks Research raised shares of Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Barrington Research reaffirmed an “outperform” rating and set a $42.00 price target on shares of Perdoceo Education in a research report on Monday, January 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $42.00.

Get Our Latest Stock Analysis on Perdoceo Education

About Perdoceo Education

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Perdoceo Education (NASDAQ:PRDO)

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