Perdoceo Education Corporation $PRDO Shares Bought by Sei Investments Co.

Sei Investments Co. increased its position in Perdoceo Education Corporation (NASDAQ:PRDO) by 11.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 262,978 shares of the company’s stock after purchasing an additional 26,250 shares during the quarter. Sei Investments Co. owned 0.42% of Perdoceo Education worth $9,785,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the business. Salomon & Ludwin LLC increased its stake in Perdoceo Education by 72.6% during the fourth quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock valued at $25,000 after purchasing an additional 341 shares during the last quarter. IFP Advisors Inc lifted its position in Perdoceo Education by 34.6% in the fourth quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock worth $40,000 after purchasing an additional 350 shares during the period. DGS Capital Management LLC lifted its holdings in Perdoceo Education by 0.9% in the 1st quarter. DGS Capital Management LLC now owns 47,534 shares of the company’s stock valued at $1,769,000 after acquiring an additional 410 shares during the last quarter. Fifth Third Bancorp boosted its stake in shares of Perdoceo Education by 108.2% during the 4th quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock worth $28,000 after acquiring an additional 504 shares in the last quarter. Finally, Lazard Asset Management LLC boosted its holdings in shares of Perdoceo Education by 9.1% in the second quarter. Lazard Asset Management LLC now owns 7,280 shares of the company’s stock worth $237,000 after buying an additional 605 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analyst Ratings Changes

PRDO has been the topic of a number of recent research reports. Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a research note on Friday, July 17th. Barrington Research set a $44.00 target price on Perdoceo Education in a research note on Friday, May 8th. Finally, Zacks Research cut Perdoceo Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Perdoceo Education has an average rating of “Moderate Buy” and a consensus price target of $44.00.

Perdoceo Education Price Performance

NASDAQ:PRDO opened at $31.81 on Friday. The stock has a market capitalization of $1.99 billion, a PE ratio of 12.19, a price-to-earnings-growth ratio of 0.68 and a beta of 0.70. Perdoceo Education Corporation has a fifty-two week low of $26.66 and a fifty-two week high of $38.50. The business’s 50-day simple moving average is $33.19 and its 200-day simple moving average is $33.69.

Perdoceo Education (NASDAQ:PRDO) last posted its quarterly earnings data 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. The company had revenue of $221.74 million during the quarter, compared to analysts’ expectations of $218.40 million. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.Perdoceo Education’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.70 earnings per share. 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, research analysts expect that Perdoceo Education Corporation will post 3.11 earnings per share for the current year.

Perdoceo Education Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Monday, June 1st were given a dividend of $0.15 per share. The ex-dividend date was Monday, June 1st. This represents a $0.60 annualized dividend and a yield of 1.9%. Perdoceo Education’s dividend payout ratio (DPR) is 22.99%.

Insider Transactions at Perdoceo Education

In other news, SVP Julia A. Leeman sold 11,315 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $35.51, for a total value of $401,795.65. Following the completion of the sale, the senior vice president owned 21,924 shares of the company’s stock, 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 legal filing with the SEC, which can be accessed through this link. Also, Director Patrick W. Gross sold 3,647 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $34.98, for a total value of $127,572.06. Following the sale, the director directly owned 114,970 shares in the company, valued at $4,021,650.60. This represents a 3.07% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 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.

Perdoceo Education Company 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.