Perdoceo Education (NASDAQ:PRDO) CFO Ashish Ghia Sells 11,089 Shares

Perdoceo Education Corporation (NASDAQ:PRDOGet Free Report) CFO Ashish Ghia sold 11,089 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $37.00, for a total transaction of $410,293.00. Following the completion of the transaction, the chief financial officer directly owned 144,602 shares in the company, valued at $5,350,274. This represents a 7.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Perdoceo Education Price Performance

Perdoceo Education stock opened at $37.86 on Thursday. The stock has a market cap of $2.37 billion, a price-to-earnings ratio of 15.71, a price-to-earnings-growth ratio of 0.80 and a beta of 0.89. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.06 and a quick ratio of 5.03. Perdoceo Education Corporation has a 1 year low of $24.05 and a 1 year high of $38.02. The firm has a 50-day moving average of $32.96 and a two-hundred day moving average of $32.46.

Perdoceo Education (NASDAQ:PRDOGet Free Report) last issued its earnings results on Thursday, February 19th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.05. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.59%. The business had revenue of $211.64 million for the quarter, compared to analyst estimates of $209.95 million. During the same period last year, the company posted $0.50 earnings per share. The company’s quarterly revenue 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. On average, research analysts forecast that Perdoceo Education Corporation will post 2.41 earnings per share for the current year.

Perdoceo Education Announces Dividend

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

Analyst Upgrades and Downgrades

PRDO has been the topic of a number of recent research reports. Barrington Research reissued an “outperform” rating and set a $42.00 price target on shares of Perdoceo Education in a research report on Monday, January 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research note on Thursday, January 22nd. Finally, Zacks Research upgraded shares of Perdoceo Education from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $42.00.

Get Our Latest Report on PRDO

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of PRDO. Rockefeller Capital Management L.P. lifted its position in Perdoceo Education by 48.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company’s stock valued at $63,000 after acquiring an additional 699 shares during the last quarter. Mcguire Capital Advisors Inc. acquired a new stake in Perdoceo Education in the fourth quarter valued at approximately $69,000. Invesco Ltd. grew its holdings in Perdoceo Education by 17.3% in the fourth quarter. Invesco Ltd. now owns 556,175 shares of the company’s stock worth $16,313,000 after purchasing an additional 81,878 shares during the last quarter. Vident Advisory LLC grew its holdings in Perdoceo Education by 17.8% in the fourth quarter. Vident Advisory LLC now owns 20,685 shares of the company’s stock worth $607,000 after purchasing an additional 3,128 shares during the last quarter. Finally, State of Tennessee Department of Treasury increased its position in shares of Perdoceo Education by 39.8% during the fourth quarter. State of Tennessee Department of Treasury now owns 47,929 shares of the company’s stock worth $1,535,000 after purchasing an additional 13,642 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

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.

Further Reading

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

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