Todd Nelson Sells 11,346 Shares of Perdoceo Education (NASDAQ:PRDO) Stock

Perdoceo Education Corporation (NASDAQ:PRDO) CEO Todd Nelson sold 11,346 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $35.00, for a total value of $397,110.00. Following the transaction, the chief executive officer owned 432,368 shares of the company’s stock, valued at approximately $15,132,880. This trade represents a 2.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Perdoceo Education Stock Performance

NASDAQ PRDO traded up $0.44 on Tuesday, reaching $35.11. 754,325 shares of the stock were exchanged, compared to its average volume of 535,463. The company has a current ratio of 5.06, a quick ratio of 5.03 and a debt-to-equity ratio of 0.04. Perdoceo Education Corporation has a one year low of $24.05 and a one year high of $38.02. The firm has a market capitalization of $2.19 billion, a PE ratio of 14.57, a PEG ratio of 0.78 and a beta of 0.89. The company’s 50-day simple moving average is $32.42 and its two-hundred day simple moving average is $32.32.

Perdoceo Education (NASDAQ:PRDO) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.05. The business had revenue of $211.64 million during the quarter, compared to analyst estimates of $209.95 million. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.59%. The company’s revenue was up 20.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.50 earnings per share. 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. Analysts expect that Perdoceo Education Corporation will post 2.41 EPS for the current fiscal year.

Perdoceo Education Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Monday, March 2nd were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.60 annualized dividend and a yield of 1.7%. Perdoceo Education’s dividend payout ratio is currently 24.90%.

Hedge Funds Weigh In On Perdoceo Education

Institutional investors have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. increased its holdings in Perdoceo Education by 48.8% in the 4th 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. bought a new position in shares of Perdoceo Education during the 4th quarter valued at about $69,000. Invesco Ltd. boosted its holdings in shares of Perdoceo Education by 17.3% during the 4th quarter. Invesco Ltd. now owns 556,175 shares of the company’s stock valued at $16,313,000 after purchasing an additional 81,878 shares during the last quarter. Vident Advisory LLC grew its position in shares of Perdoceo Education by 17.8% during the fourth quarter. Vident Advisory LLC now owns 20,685 shares of the company’s stock valued at $607,000 after purchasing an additional 3,128 shares in the last quarter. Finally, State of Tennessee Department of Treasury increased its holdings in shares of Perdoceo Education by 39.8% in 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 during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Zacks Research raised Perdoceo Education from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Barrington Research reiterated an “outperform” rating and set a $42.00 target price on shares of Perdoceo Education in a research report on Monday, January 5th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $42.00.

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.