Michele Peppers Sells 14,000 Shares of Perdoceo Education (NASDAQ:PRDO) Stock

Perdoceo Education Corporation (NASDAQ:PRDO) insider Michele Peppers sold 14,000 shares of Perdoceo Education stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $34.50, for a total value of $483,000.00. Following the completion of the sale, the insider directly owned 35,748 shares of the company’s stock, valued at $1,233,306. The trade was a 28.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Perdoceo Education Trading Up 0.3%

Shares of NASDAQ PRDO opened at $35.03 on Friday. Perdoceo Education Corporation has a twelve month low of $26.66 and a twelve month high of $38.50. The stock has a fifty day simple moving average of $35.42 and a 200-day simple moving average of $32.45. The stock has a market capitalization of $2.20 billion, a PE ratio of 13.42, a PEG ratio of 0.75 and a beta of 0.73.

Perdoceo Education (NASDAQ:PRDO) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.The business had revenue of $221.74 million during the quarter, compared to analysts’ expectations of $218.40 million. During the same period in the previous year, the firm posted $0.70 earnings per share. The company’s revenue was up 4.1% on a year-over-year basis. Perdoceo Education has set its FY 2026 guidance at 3.050-3.160 EPS and its Q2 2026 guidance at 0.790-0.800 EPS. On average, equities analysts predict that Perdoceo Education Corporation will post 3.11 earnings per share for the current year.

Perdoceo Education Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Monday, June 1st will be 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 of this dividend is Monday, June 1st. Perdoceo Education’s payout ratio is presently 22.99%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. CBIZ Investment Advisory Services LLC acquired a new position in shares of Perdoceo Education during the 3rd quarter worth about $25,000. Salomon & Ludwin LLC boosted its position in shares of Perdoceo Education by 72.6% during the 4th quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock worth $25,000 after acquiring an additional 341 shares in the last quarter. Fifth Third Bancorp boosted its position in shares of Perdoceo Education by 108.2% during the 4th quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock worth $28,000 after acquiring an additional 504 shares in the last quarter. First Horizon Corp acquired a new position in shares of Perdoceo Education during the 3rd quarter worth about $29,000. Finally, Richardson Financial Services Inc. lifted its holdings in shares of Perdoceo Education by 166.2% in the 3rd quarter. Richardson Financial Services Inc. now owns 836 shares of the company’s stock valued at $31,000 after purchasing an additional 522 shares during the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on PRDO shares. Zacks Research cut Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Barrington Research set a $44.00 target price on Perdoceo Education in a research note on Friday, May 8th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research note on Tuesday, April 21st. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.00.

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.