Kenda Gonzales Sells 9,308 Shares of Perdoceo Education (NASDAQ:PRDO) Stock

Perdoceo Education Corporation (NASDAQ:PRDOGet Free Report) Director Kenda Gonzales sold 9,308 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were 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 approximately $1,675,416.82. The trade was a 16.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Perdoceo Education Stock Performance

NASDAQ:PRDO traded up $0.13 during mid-day trading on Friday, reaching $34.27. 398,728 shares of the company’s stock were exchanged, compared to its average volume of 604,139. Perdoceo Education Corporation has a one year low of $26.66 and a one year high of $38.50. The business’s fifty day simple moving average is $35.06 and its two-hundred day simple moving average is $32.59. The firm has a market capitalization of $2.15 billion, a PE ratio of 13.13, a price-to-earnings-growth ratio of 0.71 and a beta of 0.69.

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

Perdoceo Education Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Monday, June 1st will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Monday, June 1st. Perdoceo Education’s dividend payout ratio is presently 22.99%.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on PRDO

Hedge Funds Weigh In On Perdoceo Education

Institutional investors have recently modified their holdings of the business. CBIZ Investment Advisory Services LLC acquired a new stake in Perdoceo Education in the third quarter valued at about $25,000. Salomon & Ludwin LLC raised its stake in Perdoceo Education by 72.6% during the fourth 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 lifted its holdings in shares of Perdoceo Education by 108.2% in the fourth quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock worth $28,000 after acquiring an additional 504 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Perdoceo Education by 34.6% in the fourth quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock worth $40,000 after acquiring an additional 350 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of Perdoceo Education by 48.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company’s stock valued at $63,000 after purchasing an additional 699 shares in 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.

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