Northwestern Mutual Wealth Management Co. Purchases 390,434 Shares of Perdoceo Education Corporation $PRDO

Northwestern Mutual Wealth Management Co. lifted its position in Perdoceo Education Corporation (NASDAQ:PRDO) by 183,302.3% during the 4th quarter, Holdings Channel reports. The firm owned 390,647 shares of the company’s stock after acquiring an additional 390,434 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Perdoceo Education were worth $11,458,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Pacific Ridge Capital Partners LLC grew its holdings in shares of Perdoceo Education by 14.6% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 50,370 shares of the company’s stock worth $1,477,000 after purchasing an additional 6,411 shares during the last quarter. Versor Investments LP grew its holdings in shares of Perdoceo Education by 135.6% in the fourth quarter. Versor Investments LP now owns 23,907 shares of the company’s stock worth $701,000 after purchasing an additional 13,761 shares during the last quarter. Manning & Napier Advisors LLC grew its holdings in shares of Perdoceo Education by 7.4% in the fourth quarter. Manning & Napier Advisors LLC now owns 168,227 shares of the company’s stock worth $4,934,000 after purchasing an additional 11,606 shares during the last quarter. Seizert Capital Partners LLC grew its holdings in shares of Perdoceo Education by 35.7% in the fourth quarter. Seizert Capital Partners LLC now owns 115,009 shares of the company’s stock worth $3,373,000 after purchasing an additional 30,283 shares during the last quarter. Finally, Strs Ohio grew its holdings in shares of Perdoceo Education by 13.6% in the fourth quarter. Strs Ohio now owns 29,200 shares of the company’s stock worth $856,000 after purchasing an additional 3,500 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

Perdoceo Education Stock Down 0.1%

NASDAQ:PRDO opened at $33.78 on Friday. The stock has a market cap of $2.12 billion, a P/E ratio of 12.94, a price-to-earnings-growth ratio of 0.72 and a beta of 0.73. The firm’s fifty day simple moving average is $35.39 and its 200 day simple moving average is $32.41. Perdoceo Education Corporation has a twelve month low of $26.66 and a twelve month high of $38.50.

Perdoceo Education (NASDAQ:PRDO) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.06. The business had revenue of $221.74 million for the quarter, compared to analysts’ expectations of $218.40 million. Perdoceo Education had a net margin of 19.91% and a return on equity of 18.51%. The firm’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 business posted $0.70 earnings per share. 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. On average, analysts expect that Perdoceo Education Corporation will post 3.11 EPS for the current fiscal year.

Perdoceo Education Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Monday, June 1st will be issued a $0.15 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.60 annualized dividend and a yield of 1.8%. Perdoceo Education’s payout ratio is 22.99%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on PRDO. Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a report on Tuesday, April 21st. Barrington Research set a $44.00 price target on shares of Perdoceo Education in a report on Friday, May 8th. Finally, Zacks Research cut shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $44.00.

Insider Buying and Selling at Perdoceo Education

In other Perdoceo Education news, SVP David C. Czeszewski sold 36,225 shares of the firm’s stock in a transaction 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 owned 68,875 shares of the company’s stock, 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 filing with the SEC, which can be accessed through this link. Also, insider Michele A. Peppers sold 14,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $34.50, for a total value of $483,000.00. Following the transaction, the insider directly owned 35,748 shares of the company’s stock, valued at $1,233,306. This represents a 28.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 235,438 shares of company stock valued at $8,286,247. Company insiders own 1.46% of the company’s stock.

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.