RBF Capital LLC purchased a new stake in Perdoceo Education Corporation (NASDAQ:PRDO – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 40,000 shares of the company’s stock, valued at approximately $1,488,000.
Several other large investors have also bought and sold shares of the stock. Vanguard Group Inc. lifted its position in shares of Perdoceo Education by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 4,465,353 shares of the company’s stock valued at $130,969,000 after purchasing an additional 115,797 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Perdoceo Education by 2.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,907,383 shares of the company’s stock valued at $145,395,000 after buying an additional 108,727 shares during the last quarter. First Trust Advisors LP increased its stake in Perdoceo Education by 2.2% in the 1st quarter. First Trust Advisors LP now owns 2,970,195 shares of the company’s stock valued at $110,521,000 after buying an additional 64,399 shares during the last quarter. State Street Corp lifted its position in shares of Perdoceo Education by 0.8% during the 4th quarter. State Street Corp now owns 2,411,020 shares of the company’s stock worth $70,715,000 after buying an additional 19,658 shares in the last quarter. Finally, Copeland Capital Management LLC lifted its position in shares of Perdoceo Education by 8.0% during the 1st quarter. Copeland Capital Management LLC now owns 1,854,135 shares of the company’s stock worth $68,992,000 after buying an additional 137,285 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
PRDO has been the subject of several recent analyst reports. Barrington Research set a $44.00 target price on Perdoceo Education in a report on Friday, May 8th. Zacks Research cut Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a research note on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $44.00.
Insider Buying and Selling at Perdoceo Education
In other news, SVP Julia A. Leeman sold 11,315 shares of Perdoceo Education stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $35.51, for a total value of $401,795.65. Following the completion of the transaction, the senior vice president directly owned 21,924 shares in the company, valued at approximately $778,521.24. The trade was a 34.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michele A. Peppers sold 14,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $34.50, for a total value of $483,000.00. Following the sale, the insider directly owned 35,748 shares in the company, valued at $1,233,306. This trade represents a 28.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 38,270 shares of company stock valued at $1,336,193 over the last 90 days. 1.46% of the stock is currently owned by corporate insiders.
Perdoceo Education Price Performance
NASDAQ:PRDO opened at $34.55 on Thursday. The company has a market capitalization of $2.17 billion, a P/E ratio of 13.24, a P/E/G ratio of 0.70 and a beta of 0.70. The business has a fifty day simple moving average of $33.26 and a two-hundred day simple moving average of $33.70. Perdoceo Education Corporation has a 1 year low of $26.66 and a 1 year high of $38.50.
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.06. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.The company had revenue of $221.74 million during the quarter, compared to the consensus estimate of $218.40 million. During the same quarter in the prior year, the company earned $0.70 EPS. The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. 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. As a group, analysts anticipate that Perdoceo Education Corporation will post 3.11 earnings per share for the current year.
Perdoceo Education Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Monday, June 1st were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.60 annualized dividend and a yield of 1.7%. Perdoceo Education’s dividend payout ratio (DPR) is 22.99%.
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.
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