Insider Selling: Perdoceo Education (NASDAQ:PRDO) Director Sells $127,572.06 in Stock

Perdoceo Education Corporation (NASDAQ:PRDO) Director Patrick Gross sold 3,647 shares of Perdoceo Education 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 owned 114,970 shares in the company, valued at $4,021,650.60. This represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Perdoceo Education Stock Down 2.9%

PRDO stock opened at $34.01 on Friday. Perdoceo Education Corporation has a 52-week low of $26.66 and a 52-week high of $38.50. The stock’s 50 day moving average is $35.42 and its two-hundred day moving average is $32.46. The company has a market capitalization of $2.13 billion, a PE ratio of 13.03, a P/E/G ratio of 0.75 and a beta of 0.73.

Perdoceo Education (NASDAQ:PRDO) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.06. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.The company had revenue of $221.74 million for the quarter, compared to the consensus estimate of $218.40 million. During the same period in the previous year, the business earned $0.70 EPS. Perdoceo Education’s revenue for the quarter was up 4.1% compared to the same quarter last year. 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. As a group, sell-side analysts anticipate that Perdoceo Education Corporation will post 3.11 EPS for the current year.

Perdoceo Education Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Monday, June 1st will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Monday, June 1st. Perdoceo Education’s payout ratio is 22.99%.

Institutional Investors Weigh In On Perdoceo Education

Institutional investors have recently made changes to their positions in the company. CBIZ Investment Advisory Services LLC bought a new stake in shares of Perdoceo Education in the 3rd quarter valued at approximately $25,000. Salomon & Ludwin LLC increased its holdings in shares of Perdoceo Education by 72.6% in the 4th quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock valued at $25,000 after acquiring an additional 341 shares during the last quarter. Fifth Third Bancorp boosted its position in Perdoceo Education by 108.2% during the 4th quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock valued at $28,000 after purchasing an additional 504 shares during the period. First Horizon Corp acquired a new position in Perdoceo Education during the 3rd quarter valued at approximately $29,000. Finally, Richardson Financial Services Inc. boosted its position in Perdoceo Education by 166.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 836 shares of the company’s stock valued at $31,000 after purchasing an additional 522 shares during the period. 93.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on PRDO. Zacks Research downgraded Perdoceo Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a report on Tuesday, April 21st. Finally, Barrington Research set a $44.00 price target on Perdoceo Education in a report on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $44.00.

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.