JPMorgan Chase & Co. Increases Stake in Perdoceo Education Corporation $PRDO

JPMorgan Chase & Co. increased its stake in Perdoceo Education Corporation (NASDAQ:PRDO) by 5.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 378,378 shares of the company’s stock after purchasing an additional 19,553 shares during the period. JPMorgan Chase & Co. owned 0.59% of Perdoceo Education worth $14,250,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of PRDO. Blue Trust Inc. increased its stake in Perdoceo Education by 81.5% during the 3rd quarter. Blue Trust Inc. now owns 833 shares of the company’s stock valued at $31,000 after purchasing an additional 374 shares in the last quarter. Global Retirement Partners LLC lifted its stake in shares of Perdoceo Education by 49.9% during the third quarter. Global Retirement Partners LLC now owns 1,154 shares of the company’s stock worth $43,000 after buying an additional 384 shares during the period. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Perdoceo Education by 4.1% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 10,579 shares of the company’s stock worth $398,000 after buying an additional 414 shares during the period. Richardson Financial Services Inc. grew its holdings in shares of Perdoceo Education by 166.2% during the third 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, Lazard Asset Management LLC increased its position in shares of Perdoceo Education by 9.1% in the 2nd quarter. Lazard Asset Management LLC now owns 7,280 shares of the company’s stock valued at $237,000 after acquiring an additional 605 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Perdoceo Education Stock Up 0.1%

NASDAQ:PRDO opened at $37.89 on Friday. 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’s fifty day moving average price is $33.08 and its 200-day moving average price is $32.49. Perdoceo Education Corporation has a 1-year low of $24.05 and a 1-year high of $38.50. The firm has a market capitalization of $2.37 billion, a P/E ratio of 15.72, a PEG ratio of 0.83 and a beta of 0.89.

Perdoceo Education (NASDAQ:PRDO) last posted its earnings results on Thursday, February 19th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.05. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.59%. The company had revenue of $211.64 million during the quarter, compared to the consensus estimate of $209.95 million. During the same period in the previous year, the firm posted $0.50 earnings per share. The firm’s quarterly revenue was up 20.0% on a year-over-year basis. 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. As a group, equities research analysts anticipate that Perdoceo Education Corporation will post 2.41 EPS for the current year.

Perdoceo Education Dividend Announcement

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

Analyst Ratings Changes

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

Insider Activity

In related news, SVP David C. Czeszewski sold 36,225 shares of Perdoceo Education stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $32.81, for a total transaction of $1,188,542.25. Following the completion of the transaction, the senior vice president directly owned 68,875 shares in the company, valued at approximately $2,259,788.75. This trade represents a 34.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Ashish R. Ghia sold 33,271 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $35.08, for a total value of $1,167,146.68. Following the completion of the transaction, the chief financial officer directly owned 155,691 shares of the company’s stock, valued at $5,461,640.28. The trade was a 17.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 176,318 shares of company stock valued at $6,127,875 in the last quarter. 2.11% of the stock is currently owned by company insiders.

Perdoceo Education Profile

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.