Planned Solutions Inc. Makes New $201,000 Investment in Perdoceo Education Corporation $PRDO

Planned Solutions Inc. purchased a new stake in Perdoceo Education Corporation (NASDAQ:PRDO) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 6,135 shares of the company’s stock, valued at approximately $201,000.

Several other hedge funds also recently made changes to their positions in PRDO. IFP Advisors Inc purchased a new position in shares of Perdoceo Education in the first quarter valued at $25,000. Jefferies Financial Group Inc. purchased a new position in shares of Perdoceo Education in the first quarter valued at $206,000. AlphaQuest LLC grew its position in shares of Perdoceo Education by 4.7% in the first quarter. AlphaQuest LLC now owns 8,976 shares of the company’s stock valued at $226,000 after purchasing an additional 399 shares in the last quarter. Contravisory Investment Management Inc. purchased a new position in shares of Perdoceo Education in the second quarter valued at $227,000. Finally, Baron Wealth Management LLC purchased a new position in shares of Perdoceo Education in the second quarter valued at $228,000. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Perdoceo Education

In related news, CFO Ashish R. Ghia sold 53,081 shares of the business’s stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $30.70, for a total transaction of $1,629,586.70. Following the transaction, the chief financial officer owned 157,632 shares in the company, valued at $4,839,302.40. The trade was a 25.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Todd S. Nelson sold 40,000 shares of the business’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $35.17, for a total value of $1,406,800.00. Following the transaction, the chief executive officer owned 524,047 shares in the company, valued at approximately $18,430,732.99. This represents a 7.09% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 205,656 shares of company stock worth $6,871,148 over the last 90 days. 2.11% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research note on Wednesday, October 8th. Barrington Research lifted their price objective on Perdoceo Education from $40.00 to $42.00 and gave the company an “outperform” rating in a research note on Tuesday, September 23rd. Finally, Wall Street Zen raised Perdoceo Education from a “buy” rating to a “strong-buy” rating in a research note on Sunday. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Perdoceo Education presently has a consensus rating of “Buy” and a consensus target price of $42.00.

Perdoceo Education Trading Up 0.9%

Shares of PRDO stock opened at $35.11 on Friday. The firm has a market cap of $2.28 billion, a P/E ratio of 15.20, a price-to-earnings-growth ratio of 0.93 and a beta of 0.88. The business has a 50-day moving average price of $34.24 and a two-hundred day moving average price of $31.25. The company has a quick ratio of 4.26, a current ratio of 4.27 and a debt-to-equity ratio of 0.01. Perdoceo Education Corporation has a 12-month low of $20.55 and a 12-month high of $38.02.

Perdoceo Education (NASDAQ:PRDO) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.65 by $0.02. Perdoceo Education had a return on equity of 17.13% and a net margin of 20.09%.The firm had revenue of $209.58 million for the quarter, compared to the consensus estimate of $206.92 million. During the same quarter in the previous year, the business earned $0.60 earnings per share. The company’s quarterly revenue was up 25.7% on a year-over-year basis. Perdoceo Education has set its Q3 2025 guidance at 0.600-0.620 EPS. FY 2025 guidance at 2.480-2.550 EPS. Equities analysts anticipate that Perdoceo Education Corporation will post 2.41 EPS for the current fiscal year.

Perdoceo Education Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 1.7%. This is a boost from Perdoceo Education’s previous quarterly dividend of $0.13. Perdoceo Education’s dividend payout ratio (DPR) is presently 25.97%.

Perdoceo Education Company Profile

Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. It operates in two segments, Colorado Technical University and The American InterContinental University System. The Colorado Technical University segment offers academic programs, such as business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice.