Gregory Jackson Sells 11,271 Shares of Perdoceo Education (NASDAQ:PRDO) Stock

Perdoceo Education Corporation (NASDAQ:PRDOGet Free Report) Chairman Gregory Jackson sold 11,271 shares of Perdoceo Education stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $31.78, for a total transaction of $358,192.38. Following the sale, the chairman owned 64,949 shares of the company’s stock, valued at $2,064,079.22. The trade was a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Perdoceo Education Price Performance

NASDAQ PRDO opened at $31.88 on Friday. The stock’s fifty day moving average price is $33.00 and its 200 day moving average price is $33.73. Perdoceo Education Corporation has a 1 year low of $26.66 and a 1 year high of $38.50. The company has a market cap of $2.00 billion, a price-to-earnings ratio of 11.64, a PEG ratio of 0.67 and a beta of 0.71.

Perdoceo Education (NASDAQ:PRDOGet Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.80 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.80. Perdoceo Education had a return on equity of 18.93% and a net margin of 20.62%.The company had revenue of $213.35 million during the quarter, compared to analyst estimates of $212.50 million. During the same quarter last year, the business posted $0.67 EPS. The firm’s quarterly revenue 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. Research analysts expect that Perdoceo Education Corporation will post 3.13 earnings per share for the current year.

Perdoceo Education Increases Dividend

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

Wall Street Analysts Forecast Growth

PRDO has been the topic of a number of recent research reports. Wall Street Zen lowered Perdoceo Education from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Zacks Research lowered shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Barrington Research set a $44.00 price objective on shares of Perdoceo Education in a research note on Friday, May 8th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a report on Friday, July 17th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $44.00.

Check Out Our Latest Report on PRDO

Hedge Funds Weigh In On Perdoceo Education

Institutional investors and hedge funds have recently modified their holdings of the stock. Salomon & Ludwin LLC grew its holdings 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 during the period. Fifth Third Bancorp lifted its holdings 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 acquiring an additional 504 shares during the period. IFP Advisors Inc lifted its holdings in Perdoceo Education by 34.6% in 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 position in Perdoceo Education by 48.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company’s stock worth $63,000 after purchasing an additional 699 shares in the last quarter. Finally, Mcguire Capital Advisors Inc. purchased a new stake in Perdoceo Education in the 4th quarter worth approximately $69,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Perdoceo Education Company Profile

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

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