Ashish Ghia Sells 11,089 Shares of Perdoceo Education (NASDAQ:PRDO) Stock

Perdoceo Education Corporation (NASDAQ:PRDOGet Free Report) CFO Ashish Ghia sold 11,089 shares of Perdoceo Education stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $37.00, for a total value of $410,293.00. Following the transaction, the chief financial officer directly owned 144,602 shares in the company, valued at approximately $5,350,274. This trade represents a 7.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Perdoceo Education Price Performance

Shares of PRDO opened at $37.89 on Friday. The business’s 50-day moving average is $33.08 and its 200-day moving average is $32.49. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.06 and a quick ratio of 5.03. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of 15.72, a P/E/G ratio of 0.83 and a beta of 0.89. Perdoceo Education Corporation has a fifty-two week low of $24.05 and a fifty-two week high of $38.50.

Perdoceo Education (NASDAQ:PRDOGet Free Report) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.54 by $0.05. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.59%. The business had revenue of $211.64 million during the quarter, compared to analysts’ expectations of $209.95 million. During the same period last year, the company posted $0.50 earnings per share. The firm’s quarterly revenue was up 20.0% compared to the same quarter last year. Perdoceo Education has set its Q1 2026 guidance at 0.830-0.850 EPS and its FY 2026 guidance at 2.970-3.120 EPS. Equities research analysts expect that Perdoceo Education Corporation will post 2.41 EPS for the current fiscal year.

Perdoceo Education Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were paid a $0.15 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 1.6%. Perdoceo Education’s payout ratio is 24.90%.

Institutional Trading of Perdoceo Education

Several large investors have recently modified their holdings of the company. CBIZ Investment Advisory Services LLC bought a new position in shares of Perdoceo Education during the 3rd quarter worth about $25,000. Salomon & Ludwin LLC lifted its stake in shares of Perdoceo Education by 72.6% in the fourth 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 period. Fifth Third Bancorp grew its position in Perdoceo Education by 108.2% during the fourth quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock worth $28,000 after buying an additional 504 shares in the last quarter. First Horizon Corp acquired a new stake in Perdoceo Education during the third quarter worth about $29,000. Finally, Blue Trust Inc. increased its stake in Perdoceo Education by 81.5% during the third quarter. Blue Trust Inc. now owns 833 shares of the company’s stock valued at $31,000 after acquiring an additional 374 shares during the period. 93.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Zacks Research raised Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Barrington Research reaffirmed an “outperform” rating and set a $42.00 price objective on shares of Perdoceo Education in a research report on Monday, January 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $42.00.

Read Our Latest Report on PRDO

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.

Featured Articles

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

Receive News & Ratings for Perdoceo Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perdoceo Education and related companies with MarketBeat.com's FREE daily email newsletter.