Miller Value Partners LLC Purchases Shares of 40,288 Perdoceo Education Corporation $PRDO

Miller Value Partners LLC acquired a new position in shares of Perdoceo Education Corporation (NASDAQ:PRDO) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 40,288 shares of the company’s stock, valued at approximately $1,289,000.

A number of other large investors have also recently made changes to their positions in the business. IFP Advisors Inc grew its holdings in shares of Perdoceo Education by 34.6% during the fourth quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock valued at $40,000 after buying an additional 350 shares during the last quarter. DGS Capital Management LLC raised its holdings in shares of Perdoceo Education by 0.9% in the 1st 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 during the last quarter. Fifth Third Bancorp raised its holdings in shares of Perdoceo Education by 108.2% in the 4th quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock worth $28,000 after acquiring an additional 504 shares during the last quarter. Lazard Asset Management LLC lifted its position in Perdoceo Education by 9.1% in the 2nd quarter. Lazard Asset Management LLC now owns 7,280 shares of the company’s stock valued at $237,000 after acquiring an additional 605 shares in the last quarter. Finally, LVZ Inc. boosted its stake 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 purchasing an additional 636 shares during the last quarter. 93.46% of the stock is owned by institutional investors.

Perdoceo Education Stock Up 1.2%

PRDO stock opened at $33.41 on Wednesday. The firm has a market cap of $2.09 billion, a PE ratio of 12.19, a P/E/G ratio of 0.70 and a beta of 0.71. The business has a 50 day moving average of $32.79 and a 200-day moving average of $33.78. Perdoceo Education Corporation has a 12-month low of $26.66 and a 12-month high of $38.50.

Perdoceo Education (NASDAQ:PRDO) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $212.50 million. During the same period last year, the company posted $0.67 earnings per share. Perdoceo Education’s quarterly revenue 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. On average, research analysts expect that Perdoceo Education Corporation will post 3.13 earnings per share for the current year.

Perdoceo Education Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Tuesday, September 1st. This is a positive change from Perdoceo Education’s previous quarterly dividend of $0.15. Perdoceo Education’s dividend payout ratio (DPR) is presently 21.90%.

Insider Transactions at Perdoceo Education

In related news, Director Kenda B. Gonzales sold 9,308 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $34.79, for a total transaction of $323,825.32. Following the completion of the transaction, the director owned 48,158 shares in the company, valued at approximately $1,675,416.82. This represents a 16.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Gregory L. Jackson sold 11,271 shares of Perdoceo Education stock in a transaction dated 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 sale, the chairman directly owned 64,949 shares in the company, valued at approximately $2,064,079.22. This represents a 14.79% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.46% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have commented on PRDO. Barrington Research set a $44.00 price objective on Perdoceo Education in a report on Friday, May 8th. Wall Street Zen cut Perdoceo Education from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a report on Friday, July 17th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.00.

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.