19,424 Shares in Perdoceo Education Corporation $PRDO Acquired by Virtus Advisers LLC

Virtus Advisers LLC acquired a new stake in shares of Perdoceo Education Corporation (NASDAQ:PRDO) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 19,424 shares of the company’s stock, valued at approximately $622,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC increased its position in Perdoceo Education by 72.6% in the fourth quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock worth $25,000 after buying an additional 341 shares during the period. Fifth Third Bancorp lifted its stake in Perdoceo Education by 108.2% in the fourth quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock valued at $28,000 after buying an additional 504 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Perdoceo Education by 34.6% during the fourth quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock valued at $40,000 after acquiring an additional 350 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in shares of Perdoceo Education by 48.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company’s stock valued at $63,000 after acquiring an additional 699 shares during the period. Finally, Mcguire Capital Advisors Inc. acquired a new position in shares of Perdoceo Education during the fourth quarter valued at $69,000. 93.46% of the stock is currently owned by institutional investors.

Insider Transactions at Perdoceo Education

In related news, Chairman Gregory L. Jackson sold 11,271 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $31.78, for a total value of $358,192.38. Following the completion of the sale, the chairman owned 64,949 shares of the company’s stock, valued at $2,064,079.22. This represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Kenda B. Gonzales sold 9,308 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $34.79, for a total transaction of $323,825.32. Following the completion of the sale, the director directly owned 48,158 shares of the company’s stock, valued at $1,675,416.82. The trade was a 16.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.46% of the stock is owned by insiders.

Perdoceo Education Price Performance

PRDO opened at $32.48 on Friday. Perdoceo Education Corporation has a 12 month low of $26.66 and a 12 month high of $38.50. The stock has a market cap of $2.03 billion, a P/E ratio of 11.85, a P/E/G ratio of 0.70 and a beta of 0.71. The stock’s 50 day moving average price is $32.78 and its 200 day moving average price is $33.75.

Perdoceo Education (NASDAQ:PRDO) last announced its earnings results on Thursday, August 6th. The company reported $0.80 earnings per share for the quarter, meeting the consensus estimate of $0.80. Perdoceo Education had a return on equity of 18.93% and a net margin of 20.62%.The firm had revenue of $213.35 million for the quarter, compared to the consensus estimate of $212.50 million. During the same quarter in the previous year, the business earned $0.67 EPS. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis. Perdoceo Education has set its Q3 2026 guidance at 0.730-0.740 EPS and its FY 2026 guidance at 3.100-3.160 EPS. Equities analysts anticipate that Perdoceo Education Corporation will post 3.13 EPS for the current year.

Perdoceo Education Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.17 per share. This is an increase from Perdoceo Education’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Tuesday, September 1st. Perdoceo Education’s dividend payout ratio (DPR) is presently 21.90%.

Analyst Ratings Changes

A number of research firms recently weighed in on PRDO. Barrington Research set a $44.00 price objective on shares of Perdoceo Education in a report on Friday, May 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research note on Friday, July 17th. Finally, Wall Street Zen lowered shares of Perdoceo Education from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $44.00.

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.