Insider Selling: Perdoceo Education (NASDAQ:PRDO) Insider Sells $483,000.00 in Stock

Perdoceo Education Corporation (NASDAQ:PRDO) insider Michele Peppers sold 14,000 shares of Perdoceo Education stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $34.50, for a total value of $483,000.00. Following the completion of the transaction, the insider directly owned 35,748 shares in the company, valued at $1,233,306. This represents a 28.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Perdoceo Education Price Performance

NASDAQ PRDO opened at $34.01 on Friday. The firm has a market capitalization of $2.13 billion, a P/E ratio of 13.03, a P/E/G ratio of 0.75 and a beta of 0.73. Perdoceo Education Corporation has a 1-year low of $26.66 and a 1-year high of $38.50. The business’s 50-day simple moving average is $35.42 and its 200-day simple moving average is $32.46.

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

Perdoceo Education Dividend Announcement

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

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Perdoceo Education

Hedge funds and other institutional investors have recently bought and sold shares of the business. Summit Global Investments purchased a new stake in Perdoceo Education during the 3rd quarter worth approximately $1,422,000. Envestnet Asset Management Inc. increased its holdings in Perdoceo Education by 215.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 190,888 shares of the company’s stock worth $7,189,000 after purchasing an additional 130,321 shares during the last quarter. Decker Retirement Planning Inc. purchased a new stake in Perdoceo Education during the 4th quarter worth approximately $3,765,000. Clark Capital Management Group Inc. increased its holdings in Perdoceo Education by 67.1% during the 3rd quarter. Clark Capital Management Group Inc. now owns 331,710 shares of the company’s stock worth $12,492,000 after purchasing an additional 133,233 shares during the last quarter. Finally, Callodine Capital Management LP increased its holdings in shares of Perdoceo Education by 11.9% in the 3rd quarter. Callodine Capital Management LP now owns 709,582 shares of the company’s stock valued at $26,723,000 after acquiring an additional 75,553 shares during the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

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.