Todd Nelson Sells 40,000 Shares of Perdoceo Education (NASDAQ:PRDO) Stock

Perdoceo Education Corporation (NASDAQ:PRDO) CEO Todd Nelson sold 40,000 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $34.86, for a total transaction of $1,394,400.00. Following the completion of the transaction, the chief executive officer directly owned 443,714 shares in the company, valued at $15,467,870.04. This trade represents a 8.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Perdoceo Education Price Performance

Shares of PRDO opened at $34.28 on Thursday. Perdoceo Education Corporation has a 1-year low of $24.05 and a 1-year high of $38.02. The stock has a market cap of $2.14 billion, a PE ratio of 14.22, a price-to-earnings-growth ratio of 0.77 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. The firm has a fifty day moving average price of $32.55 and a 200 day moving average price of $32.35.

Perdoceo Education (NASDAQ:PRDO) last issued its quarterly earnings data on Thursday, February 19th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.05. Perdoceo Education had a return on equity of 17.59% and a net margin of 18.90%.The company had revenue of $211.64 million for the quarter, compared to analyst estimates of $209.95 million. During the same quarter last year, the company posted $0.50 earnings per share. The business’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. As a group, sell-side analysts anticipate that Perdoceo Education Corporation will post 2.41 EPS for the current year.

Perdoceo Education Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Monday, March 2nd were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Monday, March 2nd. Perdoceo Education’s dividend payout ratio (DPR) is currently 24.90%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Cresset Asset Management LLC acquired a new position in shares of Perdoceo Education during the 2nd quarter worth $2,453,000. Summit Global Investments purchased a new position in shares of Perdoceo Education in the 3rd quarter valued at about $1,422,000. Envestnet Asset Management Inc. lifted its stake in shares of Perdoceo Education by 215.2% in the third quarter. Envestnet Asset Management Inc. now owns 190,888 shares of the company’s stock valued at $7,189,000 after purchasing an additional 130,321 shares during the period. Exchange Traded Concepts LLC boosted its holdings in Perdoceo Education by 47.5% during the third quarter. Exchange Traded Concepts LLC now owns 159,764 shares of the company’s stock worth $6,017,000 after buying an additional 51,472 shares in the last quarter. Finally, Copeland Capital Management LLC purchased a new stake in Perdoceo Education during the third quarter worth about $35,497,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analysts Set New Price Targets

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

About Perdoceo Education

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.