Perdoceo Education (NASDAQ:PRDO) CEO Sells $1,409,600.00 in Stock

Perdoceo Education Corporation (NASDAQ:PRDO) CEO Todd Nelson sold 40,000 shares of Perdoceo Education stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $35.24, for a total value of $1,409,600.00. Following the completion of the sale, the chief executive officer owned 392,368 shares of the company’s stock, valued at approximately $13,827,048.32. The trade was a 9.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Perdoceo Education Trading Up 3.4%

Shares of Perdoceo Education stock traded up $1.25 on Wednesday, reaching $37.86. 1,080,786 shares of the company’s stock were exchanged, compared to its average volume of 597,930. The company has a market capitalization of $2.37 billion, a P/E ratio of 15.71, a price-to-earnings-growth ratio of 0.78 and a beta of 0.89. Perdoceo Education Corporation has a 52 week low of $24.05 and a 52 week high of $38.02. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.03 and a current ratio of 5.06. The firm’s 50-day moving average is $32.82 and its two-hundred day moving average is $32.42.

Perdoceo Education (NASDAQ:PRDO) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.59 earnings per share for the quarter, beating 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 analyst estimates of $209.95 million. During the same quarter in the previous year, the business posted $0.50 EPS. Perdoceo Education’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. Sell-side analysts predict that Perdoceo Education Corporation will post 2.41 EPS for the current fiscal year.

Perdoceo Education Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. CBIZ Investment Advisory Services LLC bought a new position in shares of Perdoceo Education in the third quarter valued at $25,000. Salomon & Ludwin LLC grew its holdings in shares of Perdoceo Education by 72.6% during the fourth quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock valued at $25,000 after buying an additional 341 shares during the last quarter. Fifth Third Bancorp increased its position in shares of Perdoceo Education by 108.2% during the fourth quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock worth $28,000 after acquiring an additional 504 shares in the last quarter. First Horizon Corp acquired a new stake in shares of Perdoceo Education in the 3rd quarter worth about $29,000. Finally, Blue Trust Inc. raised its holdings in shares of Perdoceo Education by 81.5% in the 3rd quarter. Blue Trust Inc. now owns 833 shares of the company’s stock worth $31,000 after acquiring an additional 374 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. 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 target price on shares of Perdoceo Education in a research report on Monday, January 5th. Finally, Weiss Ratings reiterated 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 assigned a Buy rating to the company’s stock. Based on data from MarketBeat, Perdoceo Education currently has a consensus rating of “Buy” and an average 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.