Perdoceo Education (NASDAQ:PRDO) CEO Todd Nelson Sells 40,000 Shares of Stock

Perdoceo Education Corporation (NASDAQ:PRDOGet Free Report) CEO Todd Nelson sold 40,000 shares of the company’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $35.24, for a total transaction of $1,409,600.00. Following the completion of the sale, the chief executive officer directly owned 392,368 shares of the company’s stock, valued at $13,827,048.32. This represents a 9.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Perdoceo Education Stock Performance

NASDAQ:PRDO opened at $37.86 on Thursday. 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 firm has a market capitalization of $2.37 billion, a price-to-earnings ratio of 15.71, a PEG ratio of 0.80 and a beta of 0.89. The company’s 50-day moving average is $32.96 and its two-hundred day moving average is $32.46. Perdoceo Education Corporation has a 1-year low of $24.05 and a 1-year high of $38.02.

Perdoceo Education (NASDAQ:PRDOGet Free Report) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.59 EPS 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 firm had revenue of $211.64 million for the quarter, compared to analyst estimates of $209.95 million. During the same quarter in the previous year, the company earned $0.50 EPS. The business’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. Analysts forecast that Perdoceo Education Corporation will post 2.41 EPS for the current year.

Perdoceo Education Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Monday, March 2nd were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, March 2nd. Perdoceo Education’s dividend payout ratio (DPR) is presently 24.90%.

Institutional Investors Weigh In On Perdoceo Education

Hedge funds have recently added to or reduced their stakes in the business. CBIZ Investment Advisory Services LLC acquired a new position in shares of Perdoceo Education in the third quarter worth $25,000. Salomon & Ludwin LLC raised its stake in shares of Perdoceo Education by 72.6% in the fourth quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock valued at $25,000 after acquiring an additional 341 shares in the last quarter. Fifth Third Bancorp boosted its holdings in Perdoceo Education by 108.2% in the fourth quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock valued at $28,000 after purchasing an additional 504 shares during the period. First Horizon Corp purchased a new position in Perdoceo Education in the third quarter valued at $29,000. Finally, Blue Trust Inc. grew its stake in Perdoceo Education by 81.5% during the 3rd quarter. Blue Trust Inc. now owns 833 shares of the company’s stock worth $31,000 after purchasing an additional 374 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a report on Thursday, January 22nd. Barrington Research reiterated an “outperform” rating and set a $42.00 price target on shares of Perdoceo Education in a research report on Monday, January 5th. Finally, Zacks Research raised shares of Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to data from MarketBeat, Perdoceo Education has an average rating of “Buy” and a consensus price target of $42.00.

View Our Latest Analysis on Perdoceo Education

About Perdoceo Education

(Get Free Report)

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.

Featured Stories

Insider Buying and Selling by Quarter for Perdoceo Education (NASDAQ:PRDO)

Receive News & Ratings for Perdoceo Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perdoceo Education and related companies with MarketBeat.com's FREE daily email newsletter.