Quantbot Technologies LP purchased a new position in Perdoceo Education Corporation (NASDAQ:PRDO – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 53,760 shares of the company’s stock, valued at approximately $1,720,000.
Other institutional investors have also added to or reduced their stakes in the company. IFP Advisors Inc increased its stake in shares of Perdoceo Education by 34.6% in the 4th quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock worth $40,000 after acquiring an additional 350 shares in the last quarter. DGS Capital Management LLC boosted its stake in Perdoceo Education by 0.9% during the first quarter. DGS Capital Management LLC now owns 47,534 shares of the company’s stock worth $1,769,000 after acquiring an additional 410 shares in the last quarter. Fifth Third Bancorp grew its holdings in Perdoceo Education by 108.2% in the fourth quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock worth $28,000 after purchasing an additional 504 shares during the period. Lazard Asset Management LLC grew its holdings in Perdoceo Education by 9.1% in the second quarter. Lazard Asset Management LLC now owns 7,280 shares of the company’s stock worth $237,000 after purchasing an additional 605 shares during the period. Finally, LVZ Inc. increased its position in Perdoceo Education by 3.7% during the 1st quarter. LVZ Inc. now owns 17,715 shares of the company’s stock valued at $659,000 after buying an additional 636 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.
Insiders Place Their Bets
In related news, Director Kenda B. Gonzales sold 9,308 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $34.79, for a total transaction of $323,825.32. Following the sale, the director owned 48,158 shares of the company’s stock, valued at $1,675,416.82. This trade represents a 16.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Gregory L. Jackson sold 11,271 shares of Perdoceo Education stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $31.78, for a total transaction of $358,192.38. Following the completion of the transaction, the chairman directly owned 64,949 shares in the company, valued at approximately $2,064,079.22. The trade was a 14.79% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.46% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on PRDO
Perdoceo Education Stock Performance
Shares of NASDAQ:PRDO opened at $33.01 on Tuesday. The firm’s 50 day simple moving average is $32.77 and its 200-day simple moving average is $33.76. The firm has a market cap of $2.07 billion, a PE ratio of 12.05, a price-to-earnings-growth ratio of 0.70 and a beta of 0.71. Perdoceo Education Corporation has a one year low of $26.66 and a one year high of $38.50.
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.80 earnings per share for the quarter, hitting the consensus estimate of $0.80. Perdoceo Education had a return on equity of 18.93% and a net margin of 20.62%.The business had revenue of $213.35 million during the quarter, compared to analysts’ expectations of $212.50 million. During the same period in the prior year, the business earned $0.67 EPS. The business’s revenue for the quarter was up 1.8% compared to the same quarter last year. Perdoceo Education has set its Q3 2026 guidance at 0.730-0.740 EPS and its FY 2026 guidance at 3.100-3.160 EPS. Equities research analysts predict that Perdoceo Education Corporation will post 3.13 EPS for the current fiscal year.
Perdoceo Education Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.17 per share. This is an increase from Perdoceo Education’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Tuesday, September 1st. Perdoceo Education’s dividend payout ratio (DPR) is currently 21.90%.
Perdoceo Education 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.
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