Perdoceo Education Corporation $PRDO Shares Sold by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC trimmed its position in shares of Perdoceo Education Corporation (NASDAQ:PRDO) by 33.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 105,892 shares of the company’s stock after selling 53,872 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Perdoceo Education were worth $3,106,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. SG Americas Securities LLC grew its holdings in Perdoceo Education by 1,002.1% during the 4th quarter. SG Americas Securities LLC now owns 218,829 shares of the company’s stock worth $6,418,000 after acquiring an additional 198,974 shares in the last quarter. Diversified Trust Co. raised its holdings in shares of Perdoceo Education by 10.9% in the 4th quarter. Diversified Trust Co. now owns 13,273 shares of the company’s stock valued at $389,000 after purchasing an additional 1,308 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Perdoceo Education in the 4th quarter valued at $296,000. NorthCrest Asset Manangement LLC purchased a new stake in shares of Perdoceo Education during the 4th quarter worth $346,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Perdoceo Education by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 378,378 shares of the company’s stock worth $14,250,000 after purchasing an additional 19,553 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Perdoceo Education Stock Up 0.1%

PRDO stock opened at $37.21 on Wednesday. The stock has a market cap of $2.32 billion, a P/E ratio of 15.44, a PEG ratio of 0.81 and a beta of 0.89. The company has a current ratio of 5.06, a quick ratio of 5.03 and a debt-to-equity ratio of 0.04. Perdoceo Education Corporation has a twelve month low of $24.05 and a twelve month high of $38.50. The company’s 50 day moving average is $33.42 and its two-hundred day moving average is $32.54.

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

Perdoceo Education Dividend Announcement

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

Insiders Place Their Bets

In other news, CEO Todd S. Nelson sold 40,000 shares of the business’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $35.24, for a total value of $1,409,600.00. Following the completion of the sale, the chief executive officer directly owned 392,368 shares of the company’s stock, valued at approximately $13,827,048.32. The trade was a 9.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Ashish R. Ghia sold 33,271 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer directly owned 155,691 shares of the company’s stock, valued at approximately $5,461,640.28. This trade represents a 17.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 176,318 shares of company stock valued at $6,127,875. 2.11% of the stock is currently owned by insiders.

Analysts Set New Price Targets

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

About Perdoceo Education

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.