Koss Olinger Consulting LLC Sells 1,814 Shares of Perdoceo Education Corporation $PRDO

Koss Olinger Consulting LLC lessened its holdings in shares of Perdoceo Education Corporation (NASDAQ:PRDO) by 7.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,042 shares of the company’s stock after selling 1,814 shares during the period. Koss Olinger Consulting LLC’s holdings in Perdoceo Education were worth $721,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. LSV Asset Management boosted its stake in Perdoceo Education by 1.5% in the 1st quarter. LSV Asset Management now owns 1,874,274 shares of the company’s stock worth $47,194,000 after purchasing an additional 26,969 shares in the last quarter. American Century Companies Inc. boosted its stake in Perdoceo Education by 10.2% in the 1st quarter. American Century Companies Inc. now owns 1,792,952 shares of the company’s stock worth $45,147,000 after purchasing an additional 165,762 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Perdoceo Education by 49.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock valued at $38,964,000 after acquiring an additional 513,599 shares in the last quarter. Millennium Management LLC increased its position in shares of Perdoceo Education by 48.9% during the first quarter. Millennium Management LLC now owns 1,297,465 shares of the company’s stock valued at $32,670,000 after acquiring an additional 425,893 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Perdoceo Education by 58.9% during the first quarter. Bank of New York Mellon Corp now owns 1,088,105 shares of the company’s stock valued at $27,398,000 after acquiring an additional 403,157 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Insider Transactions at Perdoceo Education

In other news, SVP Greg E. Jansen sold 30,234 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $33.00, for a total value of $997,722.00. Following the transaction, the senior vice president owned 96,279 shares in the company, valued at $3,177,207. This represents a 23.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Ashish R. Ghia sold 53,081 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $30.70, for a total transaction of $1,629,586.70. Following the completion of the transaction, the chief financial officer owned 157,632 shares in the company, valued at $4,839,302.40. This trade represents a 25.19% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 205,656 shares of company stock worth $6,871,148. 2.11% of the stock is currently owned by corporate insiders.

Perdoceo Education Price Performance

PRDO opened at $37.03 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.26 and a current ratio of 4.27. The stock has a market capitalization of $2.41 billion, a P/E ratio of 16.03, a P/E/G ratio of 0.98 and a beta of 0.88. The company’s 50-day simple moving average is $34.82 and its two-hundred day simple moving average is $31.75. Perdoceo Education Corporation has a 52-week low of $21.33 and a 52-week high of $38.02.

Perdoceo Education (NASDAQ:PRDO) last posted its earnings results on Thursday, July 31st. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.02. The business had revenue of $209.58 million for the quarter, compared to analysts’ expectations of $206.92 million. Perdoceo Education had a net margin of 20.09% and a return on equity of 17.13%. The business’s revenue for the quarter was up 25.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.60 EPS. Perdoceo Education has set its Q3 2025 guidance at 0.600-0.620 EPS. FY 2025 guidance at 2.480-2.550 EPS. As a group, analysts predict that Perdoceo Education Corporation will post 2.41 EPS for the current year.

Perdoceo Education Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were paid a $0.15 dividend. This is a boost from Perdoceo Education’s previous quarterly dividend of $0.13. The ex-dividend date was Tuesday, September 2nd. This represents a $0.60 annualized dividend and a dividend yield of 1.6%. Perdoceo Education’s dividend payout ratio (DPR) is currently 25.97%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Perdoceo Education from a “strong-buy” rating to a “buy” rating in a research report on Monday. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research report on Wednesday, October 8th. Finally, Barrington Research reissued an “outperform” rating and set a $42.00 price target on shares of Perdoceo Education in a research report on Tuesday, October 21st. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, Perdoceo Education currently has a consensus rating of “Buy” and a consensus price target of $42.00.

Perdoceo Education Profile

Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. It operates in two segments, Colorado Technical University and The American InterContinental University System. The Colorado Technical University segment offers academic programs, such as business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice.