SG Americas Securities LLC lifted its position in shares of Perdoceo Education Corporation (NASDAQ:PRDO – Free Report) by 1,002.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 218,829 shares of the company’s stock after buying an additional 198,974 shares during the quarter. SG Americas Securities LLC owned approximately 0.34% of Perdoceo Education worth $6,418,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada lifted its stake in Perdoceo Education by 19.2% in the first quarter. Royal Bank of Canada now owns 10,663 shares of the company’s stock worth $269,000 after acquiring an additional 1,717 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Perdoceo Education by 2.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,278 shares of the company’s stock valued at $1,417,000 after purchasing an additional 1,235 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Perdoceo Education by 49.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock valued at $38,964,000 after purchasing an additional 513,599 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Perdoceo Education by 117.5% in the 1st quarter. Jane Street Group LLC now owns 267,312 shares of the company’s stock worth $6,731,000 after purchasing an additional 144,395 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of Perdoceo Education by 12.9% during the second quarter. JPMorgan Chase & Co. now owns 358,825 shares of the company’s stock valued at $11,730,000 after purchasing an additional 40,987 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.
Analyst Ratings Changes
PRDO has been the topic of several research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a report on Thursday, January 22nd. Barrington Research restated an “outperform” rating and set a $42.00 target price on shares of Perdoceo Education in a report on Monday, January 5th. Finally, Zacks Research raised Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. One equities 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 has a consensus rating of “Buy” and an average price target of $42.00.
Perdoceo Education Stock Up 0.1%
NASDAQ:PRDO opened at $37.21 on Wednesday. Perdoceo Education Corporation has a fifty-two week low of $24.05 and a fifty-two week high of $38.50. The stock has a market capitalization of $2.32 billion, a P/E ratio of 15.44, a P/E/G ratio of 0.81 and a beta of 0.89. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.03 and a current ratio of 5.06. The company’s 50-day simple moving average is $33.42 and its 200-day simple moving average is $32.54.
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $211.64 million during the quarter, compared to analyst estimates of $209.95 million. During the same quarter in the previous year, the business posted $0.50 EPS. Perdoceo Education’s 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. On average, equities analysts anticipate that Perdoceo Education Corporation will post 2.41 earnings per share for the current fiscal year.
Perdoceo Education Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Monday, March 2nd. Perdoceo Education’s dividend payout ratio is currently 24.90%.
Insider Transactions at Perdoceo Education
In other Perdoceo Education news, CFO Ashish R. Ghia sold 11,089 shares of the stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $37.00, for a total value of $410,293.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Todd S. Nelson sold 4,387 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $36.65, for a total value of $160,783.55. Following the completion of the sale, the chief executive officer directly owned 347,981 shares of the company’s stock, valued at approximately $12,753,503.65. This represents a 1.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 176,318 shares of company stock valued at $6,127,875 in the last quarter. 2.11% of the stock is currently owned by corporate insiders.
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.
See Also
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