Kenda Gonzales Sells 9,308 Shares of Perdoceo Education (NASDAQ:PRDO) Stock

Perdoceo Education Corporation (NASDAQ:PRDO) Director Kenda Gonzales sold 9,308 shares of Perdoceo Education stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $34.79, for a total transaction of $323,825.32. Following the transaction, the director directly owned 48,158 shares in the company, valued at approximately $1,675,416.82. The trade was a 16.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Perdoceo Education Stock Up 0.4%

Shares of PRDO stock opened at $34.27 on Friday. The firm has a market cap of $2.15 billion, a price-to-earnings ratio of 13.13, a PEG ratio of 0.73 and a beta of 0.69. The company’s 50 day moving average is $34.99 and its 200 day moving average is $32.61. Perdoceo Education Corporation has a 52-week low of $26.66 and a 52-week high of $38.50.

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

Perdoceo Education Announces Dividend

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

Analysts Set New Price Targets

Several brokerages recently issued reports on PRDO. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a report on Tuesday, April 21st. Barrington Research set a $44.00 target price on shares of Perdoceo Education in a research note on Friday, May 8th. Finally, Zacks Research downgraded shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Perdoceo Education presently has an average rating of “Moderate Buy” and a consensus price target of $44.00.

Institutional Investors Weigh In On Perdoceo Education

Several institutional investors have recently bought and sold shares of PRDO. Copeland Capital Management LLC boosted its stake in Perdoceo Education by 82.1% in the fourth quarter. Copeland Capital Management LLC now owns 1,716,850 shares of the company’s stock valued at $50,355,000 after acquiring an additional 774,285 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Perdoceo Education by 49.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock valued at $38,964,000 after acquiring an additional 513,599 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Perdoceo Education by 183,302.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 390,647 shares of the company’s stock valued at $11,458,000 after acquiring an additional 390,434 shares in the last quarter. Callodine Capital Management LP boosted its stake in Perdoceo Education by 36.6% in the first quarter. Callodine Capital Management LP now owns 1,316,540 shares of the company’s stock valued at $48,988,000 after acquiring an additional 352,850 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in Perdoceo Education by 874.1% in the fourth quarter. Cerity Partners LLC now owns 325,400 shares of the company’s stock valued at $9,544,000 after acquiring an additional 291,994 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

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.