Jupiter Topco LLC Takes Position in Perdoceo Education Corporation $PRDO

Jupiter Topco LLC bought a new position in shares of Perdoceo Education Corporation (NASDAQ:PRDO) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 29,952 shares of the company’s stock, valued at approximately $959,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada boosted its stake in Perdoceo Education by 19.2% during the 1st quarter. Royal Bank of Canada now owns 10,663 shares of the company’s stock valued at $269,000 after purchasing an additional 1,717 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Perdoceo Education by 2.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,278 shares of the company’s stock worth $1,417,000 after purchasing an additional 1,235 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Perdoceo Education by 49.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock worth $38,964,000 after purchasing an additional 513,599 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Perdoceo Education by 117.5% in the first quarter. Jane Street Group LLC now owns 267,312 shares of the company’s stock valued at $6,731,000 after purchasing an additional 144,395 shares in the last quarter. Finally, Marshall Wace LLP boosted its position in shares of Perdoceo Education by 192.2% during the second quarter. Marshall Wace LLP now owns 80,212 shares of the company’s stock valued at $2,622,000 after buying an additional 52,762 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analyst Ratings Changes

PRDO has been the subject of several recent research reports. Wall Street Zen downgraded Perdoceo Education from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a research note on Friday, July 17th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $44.00.

Perdoceo Education Stock Performance

NASDAQ:PRDO opened at $33.20 on Friday. Perdoceo Education Corporation has a 52 week low of $26.66 and a 52 week high of $38.50. The firm has a 50-day moving average price of $32.91 and a two-hundred day moving average price of $33.88. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 12.12, a price-to-earnings-growth ratio of 0.71 and a beta of 0.73.

Perdoceo Education (NASDAQ:PRDO) last announced its earnings results on Thursday, August 6th. The company reported $0.80 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.80. The firm had revenue of $213.35 million for the quarter, compared to the consensus estimate of $212.50 million. Perdoceo Education had a return on equity of 18.93% and a net margin of 20.62%.The company’s revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.67 EPS. Perdoceo Education has set its Q3 2026 guidance at 0.730-0.740 EPS and its FY 2026 guidance at 3.100-3.160 EPS. As a group, sell-side analysts forecast that Perdoceo Education Corporation will post 3.13 earnings per share for the current year.

Perdoceo Education Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Tuesday, September 1st will be paid a $0.17 dividend. This is a boost from Perdoceo Education’s previous quarterly dividend of $0.15. The ex-dividend date is Tuesday, September 1st. This represents a $0.68 dividend on an annualized basis and a yield of 2.0%. Perdoceo Education’s dividend payout ratio is currently 24.82%.

Insider Transactions at Perdoceo Education

In other news, Chairman Gregory L. Jackson sold 11,271 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $31.78, for a total transaction of $358,192.38. Following the completion of the sale, the chairman directly owned 64,949 shares of the company’s stock, valued at $2,064,079.22. This trade represents a 14.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.46% of the stock is 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.