Perdoceo Education (NASDAQ:PRDO) Insider Michele Peppers Sells 14,000 Shares

Perdoceo Education Corporation (NASDAQ:PRDOGet Free Report) insider Michele Peppers sold 14,000 shares of the company’s stock in a transaction 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 sale, the insider owned 35,748 shares of the company’s stock, valued at approximately $1,233,306. This represents a 28.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Perdoceo Education Trading Down 0.6%

Shares of NASDAQ:PRDO opened at $34.92 on Thursday. Perdoceo Education Corporation has a 12-month low of $26.66 and a 12-month high of $38.50. The business’s fifty day simple moving average is $35.40 and its 200-day simple moving average is $32.46. The company has a market capitalization of $2.19 billion, a PE ratio of 13.38, a P/E/G ratio of 0.75 and a beta of 0.73.

Perdoceo Education (NASDAQ:PRDOGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.The firm had revenue of $221.74 million during the quarter, compared to analysts’ expectations of $218.40 million. During the same period in the prior year, the business posted $0.70 EPS. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. 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. Research analysts predict that Perdoceo Education Corporation will post 3.11 EPS for the current year.

Perdoceo Education Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Monday, June 1st will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.7%. The ex-dividend date is Monday, June 1st. Perdoceo Education’s dividend payout ratio (DPR) is 22.99%.

Analysts Set New Price Targets

Several research firms have weighed in on PRDO. Barrington Research set a $44.00 target price on shares of Perdoceo Education in a research report on Friday, May 8th. Zacks Research lowered Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $44.00.

Check Out Our Latest Research Report on Perdoceo Education

Hedge Funds Weigh In On Perdoceo Education

Hedge funds and other institutional investors have recently bought and sold shares of the business. CBIZ Investment Advisory Services LLC purchased a new position in shares of Perdoceo Education during the 3rd quarter valued at about $25,000. First Horizon Corp purchased a new position in shares of Perdoceo Education during the 3rd quarter valued at about $29,000. Salomon & Ludwin LLC raised its stake in shares of Perdoceo Education by 72.6% during the 4th quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock valued at $25,000 after buying an additional 341 shares during the last quarter. Richardson Financial Services Inc. raised its stake in shares of Perdoceo Education by 166.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 836 shares of the company’s stock valued at $31,000 after buying an additional 522 shares during the last quarter. Finally, Fifth Third Bancorp raised its stake in shares of Perdoceo Education by 108.2% during the 4th 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. Institutional investors and hedge funds own 93.46% of the company’s stock.

About Perdoceo Education

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Perdoceo Education (NASDAQ:PRDO)

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