Sei Investments Co. Has $9.79 Million Holdings in Perdoceo Education Corporation $PRDO

Sei Investments Co. lifted its stake in shares of Perdoceo Education Corporation (NASDAQ:PRDO) by 11.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 262,978 shares of the company’s stock after purchasing an additional 26,250 shares during the quarter. Sei Investments Co.’s holdings in Perdoceo Education were worth $9,785,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Salomon & Ludwin LLC increased its holdings in Perdoceo Education by 72.6% during the 4th quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock worth $25,000 after purchasing an additional 341 shares in the last quarter. Fifth Third Bancorp increased its position in shares of Perdoceo Education by 108.2% during the 4th 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 last quarter. IFP Advisors Inc increased its holdings in Perdoceo Education by 34.6% during the fourth quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock worth $40,000 after buying an additional 350 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of 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 during the period. Finally, Mcguire Capital Advisors Inc. bought a new stake in shares of Perdoceo Education in the fourth quarter valued at $69,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insider Activity

In other news, SVP Julia A. Leeman sold 11,315 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $35.51, for a total transaction of $401,795.65. Following the completion of the transaction, the senior vice president owned 21,924 shares in the company, valued at $778,521.24. This trade represents a 34.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Patrick W. Gross sold 3,647 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $34.98, for a total transaction of $127,572.06. Following the completion of the sale, the director owned 114,970 shares in the company, valued at $4,021,650.60. This represents a 3.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 38,270 shares of company stock valued at $1,336,193. 1.46% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on PRDO shares. Barrington Research set a $44.00 target price on Perdoceo Education in a research report on Friday, May 8th. Zacks Research cut shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. 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 issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $44.00.

Perdoceo Education Price Performance

Shares of Perdoceo Education stock opened at $31.81 on Friday. The firm’s 50-day moving average is $33.19 and its 200 day moving average is $33.69. Perdoceo Education Corporation has a 1 year low of $26.66 and a 1 year high of $38.50. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 12.19, a PEG ratio of 0.68 and a beta of 0.70.

Perdoceo Education (NASDAQ:PRDO) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.90 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $218.40 million. During the same period last year, the firm posted $0.70 earnings per share. Perdoceo Education’s 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. On average, equities analysts expect that Perdoceo Education Corporation will post 3.11 EPS for the current fiscal year.

Perdoceo Education Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Monday, June 1st were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Monday, June 1st. Perdoceo Education’s dividend payout ratio is currently 22.99%.

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.