Perdoceo Education Corporation (NASDAQ:PRDO – Get Free Report) CEO Todd Nelson sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The shares were 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 directly owned 392,368 shares in the company, 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 document filed with the SEC, which is available through this link.
Perdoceo Education Stock Up 0.1%
Perdoceo Education stock opened at $37.89 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.06 and a quick ratio of 5.03. The stock has a market capitalization of $2.37 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 0.83 and a beta of 0.89. The business has a 50 day simple moving average of $33.08 and a 200-day simple moving average of $32.49. Perdoceo Education Corporation has a 12 month low of $24.05 and a 12 month high of $38.50.
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last announced its earnings results on Thursday, February 19th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.05. The firm had revenue of $211.64 million for the quarter, compared to analyst estimates of $209.95 million. Perdoceo Education had a return on equity of 17.59% and a net margin of 18.90%.The business’s revenue was up 20.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.50 EPS. 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, analysts anticipate that Perdoceo Education Corporation will post 2.41 EPS for the current fiscal year.
Perdoceo Education Dividend Announcement
Institutional Trading of Perdoceo Education
Several large investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. lifted its stake in Perdoceo Education by 48.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company’s stock worth $63,000 after purchasing an additional 699 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in shares of Perdoceo Education in the fourth quarter valued at approximately $69,000. Invesco Ltd. lifted its position in Perdoceo Education by 17.3% during the fourth quarter. Invesco Ltd. now owns 556,175 shares of the company’s stock worth $16,313,000 after buying an additional 81,878 shares in the last quarter. Vident Advisory LLC boosted its stake in Perdoceo Education by 17.8% during the fourth quarter. Vident Advisory LLC now owns 20,685 shares of the company’s stock worth $607,000 after buying an additional 3,128 shares during the last quarter. Finally, State of Tennessee Department of Treasury grew its stake in shares of Perdoceo Education by 39.8% in the 4th quarter. State of Tennessee Department of Treasury now owns 47,929 shares of the company’s stock valued at $1,535,000 after buying an additional 13,642 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on PRDO shares. Barrington Research restated an “outperform” rating and set a $42.00 price target on shares of Perdoceo Education in a research report on Monday, January 5th. Zacks Research upgraded Perdoceo Education from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $42.00.
Read Our Latest Analysis on Perdoceo Education
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.
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