Legato Capital Management LLC Acquires Shares of 16,350 Perdoceo Education Corporation $PRDO

Legato Capital Management LLC acquired a new stake in shares of Perdoceo Education Corporation (NASDAQ:PRDO) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 16,350 shares of the company’s stock, valued at approximately $480,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Summit Global Investments bought a new stake in Perdoceo Education during the 3rd quarter valued at about $1,422,000. Envestnet Asset Management Inc. increased its stake in Perdoceo Education by 215.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 190,888 shares of the company’s stock valued at $7,189,000 after purchasing an additional 130,321 shares in the last quarter. Decker Retirement Planning Inc. purchased a new stake in shares of Perdoceo Education during the 4th quarter valued at about $3,765,000. Seizert Capital Partners LLC boosted its holdings in shares of Perdoceo Education by 35.7% during the 4th quarter. Seizert Capital Partners LLC now owns 115,009 shares of the company’s stock valued at $3,373,000 after acquiring an additional 30,283 shares during the last quarter. Finally, Clark Capital Management Group Inc. boosted its holdings in shares of Perdoceo Education by 67.1% during the 3rd quarter. Clark Capital Management Group Inc. now owns 331,710 shares of the company’s stock valued at $12,492,000 after acquiring an additional 133,233 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Perdoceo Education news, SVP Greg E. Jansen sold 30,158 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $38.00, for a total transaction of $1,146,004.00. Following the sale, the senior vice president owned 82,970 shares in the company, valued at approximately $3,152,860. This trade represents a 26.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ashish R. Ghia sold 33,271 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at approximately $5,461,640.28. The trade was a 17.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 199,213 shares of company stock valued at $7,097,705 in the last 90 days. 1.46% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on PRDO shares. Barrington Research set a $44.00 price target on shares of Perdoceo Education in a report on Friday, May 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a report on Tuesday, April 21st. Finally, Zacks Research downgraded shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Perdoceo Education currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.00.

Perdoceo Education Trading Down 0.3%

PRDO opened at $33.89 on Wednesday. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 12.98, a PEG ratio of 0.73 and a beta of 0.73. The company’s 50 day moving average is $35.32 and its 200 day moving average is $32.48. Perdoceo Education Corporation has a 12-month low of $26.66 and a 12-month high of $38.50.

Perdoceo Education (NASDAQ:PRDO) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. The company had revenue of $221.74 million for the quarter, compared to the consensus estimate of $218.40 million. Perdoceo Education had a net margin of 19.91% and a return on equity of 18.51%. The firm’s revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.70 earnings per share. 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. As a group, analysts predict that Perdoceo Education Corporation will post 3.11 EPS for the current fiscal year.

Perdoceo Education Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Monday, June 1st will be issued a $0.15 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.8%. Perdoceo Education’s dividend payout ratio (DPR) is presently 22.99%.

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.