Pacer Advisors Inc. Trims Position in Perdoceo Education Corporation $PRDO

Pacer Advisors Inc. trimmed its position in shares of Perdoceo Education Corporation (NASDAQ:PRDO) by 9.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 242,792 shares of the company’s stock after selling 24,987 shares during the period. Pacer Advisors Inc. owned 0.39% of Perdoceo Education worth $9,034,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of PRDO. Copeland Capital Management LLC increased its stake in Perdoceo Education by 82.1% in the 4th quarter. Copeland Capital Management LLC now owns 1,716,850 shares of the company’s stock worth $50,355,000 after buying an additional 774,285 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Perdoceo Education by 49.7% during 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 during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of 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 lifted its position in shares of 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 shares of Perdoceo Education by 874.1% in the fourth quarter. Cerity Partners LLC now owns 325,400 shares of the company’s stock worth $9,544,000 after acquiring an additional 291,994 shares during the period. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Perdoceo Education Stock Performance

Shares of NASDAQ PRDO opened at $32.92 on Wednesday. The company has a market cap of $2.06 billion, a P/E ratio of 12.61, a P/E/G ratio of 0.70 and a beta of 0.71. The firm’s fifty day moving average is $33.15 and its two-hundred day moving average is $33.72. Perdoceo Education Corporation has a 52-week low of $26.66 and a 52-week high of $38.50.

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

Analyst Ratings Changes

Several analysts recently issued reports on PRDO shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a research report on Friday, July 17th. Barrington Research set a $44.00 price target on Perdoceo Education in a report on Friday, May 8th. Finally, Zacks Research downgraded Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Perdoceo Education presently has a consensus rating of “Moderate Buy” and an average target price of $44.00.

Insider Transactions at Perdoceo Education

In other Perdoceo Education news, SVP Julia A. Leeman sold 11,315 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $35.51, for a total transaction of $401,795.65. Following the completion of the transaction, the senior vice president owned 21,924 shares in the company, valued at $778,521.24. This trade represents a 34.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Michele A. Peppers sold 14,000 shares of Perdoceo Education stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $34.50, for a total value of $483,000.00. Following the completion of the sale, the insider directly owned 35,748 shares in the company, valued at approximately $1,233,306. The trade was a 28.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 38,270 shares of company stock valued at $1,336,193 over the last three months. Corporate insiders own 1.46% of the company’s stock.

Perdoceo Education 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.