Perdoceo Education Corporation (NASDAQ:PRDO – Get Free Report) CEO Todd Nelson sold 4,387 shares of Perdoceo Education stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $36.65, for a total transaction of $160,783.55. Following the transaction, the chief executive officer owned 347,981 shares in the company, valued at approximately $12,753,503.65. This trade represents a 1.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Perdoceo Education Trading Up 3.4%
Shares of Perdoceo Education stock traded up $1.25 during trading on Wednesday, hitting $37.86. The company’s stock had a trading volume of 1,080,786 shares, compared to its average volume of 597,930. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.06 and a quick ratio of 5.03. Perdoceo Education Corporation has a 52 week low of $24.05 and a 52 week high of $38.02. The stock has a market cap of $2.37 billion, a price-to-earnings ratio of 15.71, a price-to-earnings-growth ratio of 0.78 and a beta of 0.89. The stock has a 50-day moving average price of $32.82 and a two-hundred day moving average price of $32.42.
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last announced its earnings results on Thursday, February 19th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.05. The business had revenue of $211.64 million during 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%.Perdoceo Education’s revenue for the quarter was up 20.0% compared to the same quarter last year. During the same period last year, the company 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. Equities research analysts anticipate that Perdoceo Education Corporation will post 2.41 EPS for the current fiscal year.
Perdoceo Education Dividend Announcement
Wall Street Analyst Weigh In
A number of research firms have weighed in on PRDO. Zacks Research raised shares of Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Barrington Research reaffirmed an “outperform” rating and issued a $42.00 price objective on shares of Perdoceo Education in a research note on Monday, January 5th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $42.00.
Check Out Our Latest Stock Report on Perdoceo Education
Hedge Funds Weigh In On Perdoceo Education
Institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada lifted its position in shares of Perdoceo Education by 19.2% during the 1st quarter. Royal Bank of Canada now owns 10,663 shares of the company’s stock valued at $269,000 after acquiring an additional 1,717 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Perdoceo Education by 2.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,278 shares of the company’s stock valued at $1,417,000 after purchasing an additional 1,235 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Perdoceo Education by 49.7% during the first 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. Jane Street Group LLC boosted its position in shares of Perdoceo Education by 117.5% during the 1st quarter. Jane Street Group LLC now owns 267,312 shares of the company’s stock worth $6,731,000 after purchasing an additional 144,395 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Perdoceo Education by 7.0% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,816 shares of the company’s stock worth $517,000 after purchasing an additional 1,033 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors.
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.
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