SG Americas Securities LLC Lowers Stake in Perdoceo Education Corporation $PRDO

SG Americas Securities LLC lessened its position in Perdoceo Education Corporation (NASDAQ:PRDO) by 71.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,519 shares of the company’s stock after selling 156,310 shares during the period. SG Americas Securities LLC’s holdings in Perdoceo Education were worth $2,326,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Royal Bank of Canada raised its holdings in Perdoceo Education by 19.2% in the 1st quarter. Royal Bank of Canada now owns 10,663 shares of the company’s stock valued at $269,000 after acquiring an additional 1,717 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Perdoceo Education by 2.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,278 shares of the company’s stock valued at $1,417,000 after purchasing an additional 1,235 shares during the period. Goldman Sachs Group Inc. increased its stake in Perdoceo Education by 49.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock valued at $38,964,000 after purchasing an additional 513,599 shares during the last quarter. Jane Street Group LLC increased its stake in Perdoceo Education by 117.5% in the first quarter. Jane Street Group LLC now owns 267,312 shares of the company’s stock valued at $6,731,000 after purchasing an additional 144,395 shares during the last quarter. Finally, Marshall Wace LLP lifted its position in Perdoceo Education by 192.2% during the second quarter. Marshall Wace LLP now owns 80,212 shares of the company’s stock worth $2,622,000 after buying an additional 52,762 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Insider Buying and Selling at Perdoceo Education

In related news, SVP Greg E. Jansen sold 30,158 shares of the 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 completion of the sale, the senior vice president owned 82,970 shares of the company’s stock, valued at approximately $3,152,860. This represents a 26.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michele A. Peppers sold 14,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $34.50, for a total transaction of $483,000.00. Following the completion of the transaction, the insider owned 35,748 shares in the company, valued at $1,233,306. The trade was a 28.14% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 68,428 shares of company stock worth $2,482,197. Company insiders own 1.46% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Barrington Research set a $44.00 price target on Perdoceo Education in a research note on Friday, May 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research note 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 analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $44.00.

Perdoceo Education Trading Up 3.9%

Shares of PRDO opened at $33.25 on Thursday. Perdoceo Education Corporation has a twelve month low of $26.66 and a twelve month high of $38.50. The firm has a market capitalization of $2.08 billion, a P/E ratio of 12.74, a price-to-earnings-growth ratio of 0.69 and a beta of 0.70. The stock’s fifty day simple moving average is $33.73 and its 200 day simple moving average is $33.21.

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

Perdoceo Education Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Monday, June 1st were issued a dividend of $0.15 per share. The ex-dividend date was Monday, June 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.8%. Perdoceo Education’s payout ratio is presently 22.99%.

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.