Clark Capital Management Group Inc. Buys 133,233 Shares of Perdoceo Education Corporation $PRDO

Clark Capital Management Group Inc. lifted its stake in shares of Perdoceo Education Corporation (NASDAQ:PRDO) by 67.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 331,710 shares of the company’s stock after purchasing an additional 133,233 shares during the quarter. Clark Capital Management Group Inc.’s holdings in Perdoceo Education were worth $12,492,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Cresset Asset Management LLC acquired a new stake in shares of Perdoceo Education during the 2nd quarter worth approximately $2,453,000. Summit Global Investments acquired a new position in Perdoceo Education during the third quarter valued at approximately $1,422,000. Envestnet Asset Management Inc. lifted its stake in Perdoceo Education by 215.2% during the third quarter. Envestnet Asset Management Inc. now owns 190,888 shares of the company’s stock worth $7,189,000 after purchasing an additional 130,321 shares during the last quarter. Exchange Traded Concepts LLC lifted its stake in Perdoceo Education by 47.5% during the third quarter. Exchange Traded Concepts LLC now owns 159,764 shares of the company’s stock worth $6,017,000 after purchasing an additional 51,472 shares during the last quarter. Finally, Copeland Capital Management LLC acquired a new stake in shares of Perdoceo Education in the 3rd quarter valued at $35,497,000. Institutional investors own 93.46% of the company’s stock.

Insider Transactions at Perdoceo Education

In other Perdoceo Education news, SVP David C. Czeszewski sold 36,225 shares of the stock in a transaction dated 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 completion of the transaction, the senior vice president directly owned 68,875 shares in the company, valued at approximately $2,259,788.75. This trade represents a 34.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.11% of the stock is currently owned by insiders.

Perdoceo Education Stock Performance

Shares of Perdoceo Education stock opened at $35.78 on Monday. The company’s 50 day moving average price is $32.35 and its two-hundred day moving average price is $32.31. The firm has a market capitalization of $2.24 billion, a P/E ratio of 14.85, a P/E/G ratio of 0.78 and a beta of 0.89. Perdoceo Education Corporation has a fifty-two week low of $24.05 and a fifty-two week high of $38.02. 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 (NASDAQ:PRDO) last announced its quarterly 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. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.59%. The company had revenue of $211.64 million during the quarter, compared to the consensus estimate of $209.95 million. During the same period in the prior year, the business earned $0.50 earnings per share. The company’s revenue for the quarter 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. On average, 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 announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Monday, March 2nd. Perdoceo Education’s dividend payout ratio is presently 24.90%.

Wall Street Analyst Weigh In

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

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.