JPMorgan Chase & Co. Increases Stock Position in Perdoceo Education Corporation $PRDO

JPMorgan Chase & Co. boosted its position in shares of Perdoceo Education Corporation (NASDAQ:PRDO) by 5.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 378,378 shares of the company’s stock after acquiring an additional 19,553 shares during the period. JPMorgan Chase & Co.’s holdings in Perdoceo Education were worth $14,250,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Copeland Capital Management LLC acquired a new position in shares of Perdoceo Education in the third quarter worth about $35,497,000. Goldman Sachs Group Inc. grew its position in shares of Perdoceo Education by 49.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock valued at $38,964,000 after acquiring an additional 513,599 shares during the period. Prudential Financial Inc. increased its stake in shares of Perdoceo Education by 129.1% in 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. Two Sigma Investments LP increased its stake in shares of Perdoceo Education by 106.2% in the 3rd quarter. Two Sigma Investments LP now owns 459,070 shares of the company’s stock valued at $17,289,000 after purchasing an additional 236,397 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in Perdoceo Education by 35.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 800,227 shares of the company’s stock worth $30,137,000 after purchasing an additional 211,528 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Perdoceo Education Stock Up 0.1%

PRDO stock opened at $37.89 on Friday. Perdoceo Education Corporation has a 52 week low of $24.05 and a 52 week high of $38.50. The company has a quick ratio of 5.03, a current ratio of 5.06 and a debt-to-equity ratio of 0.04. The firm has a 50-day simple moving average of $33.08 and a 200-day simple moving average of $32.49. The stock has a market capitalization of $2.37 billion, a P/E ratio of 15.72, a P/E/G ratio of 0.83 and a beta of 0.89.

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, beating analysts’ consensus estimates of $0.54 by $0.05. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.59%. The firm had revenue of $211.64 million for the quarter, compared to analyst estimates of $209.95 million. During the same period last year, the company posted $0.50 EPS. Perdoceo Education’s quarterly 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. Equities analysts forecast that Perdoceo Education Corporation will post 2.41 earnings per share for the current fiscal year.

Perdoceo Education Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

Insider Transactions at Perdoceo Education

In other Perdoceo Education news, SVP David C. Czeszewski sold 36,225 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $32.81, for a total value of $1,188,542.25. Following the transaction, the senior vice president owned 68,875 shares in the company, valued at approximately $2,259,788.75. This trade represents a 34.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Todd S. 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 sale, the chief executive officer directly 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 SEC filing for this sale provides additional information. Insiders have sold 176,318 shares of company stock valued at $6,127,875 over the last ninety days. Insiders own 2.11% of the company’s stock.

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.