Insider Selling: Perdoceo Education (NASDAQ:PRDO) CEO Sells 40,000 Shares of Stock

Perdoceo Education Corporation (NASDAQ:PRDO) CEO Todd Nelson sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $35.24, for a total value of $1,409,600.00. Following the completion of the transaction, the chief executive officer directly owned 392,368 shares of the company’s stock, valued at $13,827,048.32. This represents a 9.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Perdoceo Education Trading Up 3.4%

NASDAQ PRDO traded up $1.25 during trading hours on Wednesday, reaching $37.86. The company’s stock had a trading volume of 1,080,786 shares, compared to its average volume of 597,930. The firm has a fifty day simple moving average of $32.82 and a 200-day simple moving average of $32.42. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.06 and a quick ratio of 5.03. Perdoceo Education Corporation has a 52 week low of $24.05 and a 52 week high of $38.02. The stock has a market cap of $2.37 billion, a P/E ratio of 15.71, a P/E/G ratio of 0.78 and a beta of 0.89.

Perdoceo Education (NASDAQ:PRDO) last posted its earnings results on Thursday, February 19th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.05. The firm had revenue of $211.64 million for the quarter, compared to analyst estimates of $209.95 million. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.59%. The company’s revenue for the quarter was up 20.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.50 EPS. 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. Equities analysts forecast that Perdoceo Education Corporation will post 2.41 earnings per share for the current fiscal year.

Perdoceo Education Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Monday, March 2nd were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, March 2nd. Perdoceo Education’s dividend payout ratio is presently 24.90%.

Institutional Investors Weigh In On Perdoceo Education

Several large investors have recently modified their holdings of PRDO. CBIZ Investment Advisory Services LLC bought a new stake in Perdoceo Education during the third quarter valued at $25,000. Salomon & Ludwin LLC raised its position in shares of Perdoceo Education by 72.6% in the 4th quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock worth $25,000 after acquiring an additional 341 shares in the last quarter. Fifth Third Bancorp raised its position in shares of Perdoceo Education by 108.2% in the 4th quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock worth $28,000 after acquiring an additional 504 shares in the last quarter. First Horizon Corp acquired a new position in shares of Perdoceo Education in the 3rd quarter valued at about $29,000. Finally, Blue Trust Inc. boosted its position in shares of Perdoceo Education by 81.5% during the 3rd quarter. Blue Trust Inc. now owns 833 shares of the company’s stock valued at $31,000 after purchasing an additional 374 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have commented on PRDO shares. Zacks Research raised Perdoceo Education from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Barrington Research reissued an “outperform” rating and issued a $42.00 price target on shares of Perdoceo Education in a research note on Monday, January 5th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to data from MarketBeat, Perdoceo Education currently has a consensus rating of “Buy” and a consensus price target of $42.00.

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.