Insider Selling: Perdoceo Education (NASDAQ:PRDO) Director Sells $323,825.32 in Stock

Perdoceo Education Corporation (NASDAQ:PRDO) Director Kenda Gonzales sold 9,308 shares of Perdoceo Education stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $34.79, for a total transaction of $323,825.32. Following the sale, the director directly owned 48,158 shares in the company, valued at approximately $1,675,416.82. The trade was a 16.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Perdoceo Education Stock Performance

PRDO stock opened at $34.27 on Monday. The firm has a market cap of $2.15 billion, a PE ratio of 13.13, a PEG ratio of 0.73 and a beta of 0.70. The firm’s 50 day moving average price is $34.99 and its 200-day moving average price is $32.62. Perdoceo Education Corporation has a one year low of $26.66 and a one year high of $38.50.

Perdoceo Education (NASDAQ:PRDO) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.84 by $0.06. The firm had revenue of $221.74 million for the quarter, compared to analyst estimates of $218.40 million. Perdoceo Education had a net margin of 19.91% and a return on equity of 18.51%. The business’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.70 EPS. 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. Equities research analysts predict that Perdoceo Education Corporation will post 3.11 EPS for the current fiscal year.

Perdoceo Education Dividend Announcement

The company also recently declared 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 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, June 1st. Perdoceo Education’s payout ratio is presently 22.99%.

Analysts Set New Price Targets

Several analysts have recently commented on PRDO shares. Barrington Research set a $44.00 price target on shares of Perdoceo Education in a research report on Friday, May 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research report on Tuesday, April 21st. Finally, Zacks Research lowered Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $44.00.

Hedge Funds Weigh In On Perdoceo Education

Institutional investors and hedge funds have recently modified their holdings of the company. CBIZ Investment Advisory Services LLC acquired a new position in shares of Perdoceo Education during the third quarter worth $25,000. Salomon & Ludwin LLC grew its stake in shares of 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 purchasing an additional 341 shares in the last quarter. Fifth Third Bancorp grew its stake in shares of 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 purchasing an additional 504 shares in the last quarter. IFP Advisors Inc grew its stake in shares of Perdoceo Education by 34.6% during the fourth quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock worth $40,000 after purchasing an additional 350 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in shares of Perdoceo Education by 48.8% during the fourth 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. Institutional investors and hedge funds own 93.46% of the company’s stock.

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.