Perdoceo Education (NASDAQ:PRDO) Shares Break Below 200-Day Moving Average – Here’s Why

Perdoceo Education Corporation (NASDAQ:PRDO)’s share price crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $33.35 and traded as low as $32.64. Perdoceo Education shares last traded at $32.71, with a volume of 598,162 shares traded.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Wall Street Zen lowered Perdoceo Education from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a report on Thursday, October 15th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Perdoceo Education has a consensus rating of “Moderate Buy” and a consensus price target of $44.00.

Perdoceo Education Stock Performance

The company has a market capitalization of $1.97 billion, a PE ratio of 11.49, a price-to-earnings-growth ratio of 0.72 and a beta of 0.73. The stock’s fifty day simple moving average is $32.71 and its 200-day simple moving average is $33.35.

Perdoceo Education (NASDAQ:PRDO) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.80 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.80. The company had revenue of $213.35 million for the quarter, compared to analysts’ expectations of $212.50 million. Perdoceo Education had a net margin of 20.62% and a return on equity of 18.93%. The firm’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period last year, the company earned $0.67 EPS. 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. On average, equities analysts anticipate that Perdoceo Education Corporation will post 3.13 EPS for the current year.

Perdoceo Education Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.2%. This is a positive change from Perdoceo Education’s previous quarterly dividend of $0.15. The ex-dividend date was Tuesday, September 1st. Perdoceo Education’s payout ratio is 24.82%.

Insiders Place Their Bets

In other Perdoceo Education news, CEO Todd S. Nelson sold 46,199 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $32.89, for a total value of $1,519,485.11. Following the sale, the chief executive officer directly owned 301,782 shares of the company’s stock, valued at approximately $9,925,609.98. This trade represents a 13.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Gregory L. Jackson sold 11,271 shares of Perdoceo Education stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $31.78, for a total value of $358,192.38. Following the completion of the sale, the chairman owned 64,949 shares of the company’s stock, valued at $2,064,079.22. This trade represents a 14.79% decrease in their position. The SEC filing for this sale provides additional information. 1.46% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. DGS Capital Management LLC increased its position in Perdoceo Education by 0.9% during the first quarter. DGS Capital Management LLC now owns 47,534 shares of the company’s stock worth $1,769,000 after purchasing an additional 410 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Perdoceo Education by 0.5% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 104,318 shares of the company’s stock worth $3,338,000 after purchasing an additional 525 shares during the period. LVZ Inc. boosted its holdings in shares of Perdoceo Education by 3.7% in the 1st quarter. LVZ Inc. now owns 17,715 shares of the company’s stock valued at $659,000 after purchasing an additional 636 shares during the last quarter. Baron Wealth Management LLC boosted its holdings in shares of Perdoceo Education by 9.5% in the 2nd quarter. Baron Wealth Management LLC now owns 7,356 shares of the company’s stock valued at $235,000 after purchasing an additional 636 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Perdoceo Education by 48.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company’s stock valued at $63,000 after purchasing an additional 699 shares during the last quarter. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

Perdoceo Education Company Profile

Perdoceo Education Corporation (NASDAQ: PRDO) is a provider of postsecondary education focused primarily on online learning. Through its institutions, the company offers career-oriented academic programs designed for working adults and other nontraditional students.

Perdoceo’s education brands include American InterContinental University and Colorado Technical University, which offer associate, bachelor’s, master’s and doctoral degree programs in areas such as business, information technology, healthcare, criminal justice and engineering.