26,055 Shares in Perdoceo Education Corporation $PRDO Acquired by Caxton Associates LLP

Key Points

• Caxton Associates LLP has acquired 26,055 shares of Perdoceo Education Corporation for approximately $656,000, reflecting recent institutional interest in the company.
• Perdoceo Education reported a quarterly EPS of $0.67, exceeding expectations, and forecasted earnings for Q3 2025 between 0.600-0.620 EPS.
• The company declared a quarterly dividend of $0.15 per share, increasing from the previous $0.13, with a dividend yield of 1.7%.

Caxton Associates LLP purchased a new position in Perdoceo Education Corporation (NASDAQ:PRDO - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 26,055 shares of the company's stock, valued at approximately $656,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC grew its stake in shares of Perdoceo Education by 9.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 36,424 shares of the company's stock worth $951,000 after buying an additional 3,095 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Perdoceo Education in the 1st quarter worth approximately $464,000. Principal Financial Group Inc. grew its stake in shares of Perdoceo Education by 2.7% in the 1st quarter. Principal Financial Group Inc. now owns 327,431 shares of the company's stock worth $8,245,000 after buying an additional 8,468 shares during the last quarter. Allianz Asset Management GmbH grew its stake in shares of Perdoceo Education by 212.6% in the 1st quarter. Allianz Asset Management GmbH now owns 62,026 shares of the company's stock worth $1,562,000 after buying an additional 42,186 shares during the last quarter. Finally, Calamos Advisors LLC purchased a new stake in shares of Perdoceo Education in the 1st quarter worth approximately $437,000. Hedge funds and other institutional investors own 93.46% of the company's stock.

Analyst Ratings Changes

Separately, Barrington Research restated an "outperform" rating and issued a $40.00 price target on shares of Perdoceo Education in a research note on Friday, August 1st. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $40.00.

Perdoceo Education Stock Performance

Shares of PRDO opened at $34.77 on Friday. The business's fifty day simple moving average is $31.05 and its two-hundred day simple moving average is $29.34. The company has a current ratio of 4.27, a quick ratio of 4.26 and a debt-to-equity ratio of 0.01. Perdoceo Education Corporation has a 12 month low of $20.55 and a 12 month high of $34.85. The company has a market cap of $2.26 billion, a price-to-earnings ratio of 15.05, a P/E/G ratio of 0.88 and a beta of 0.91.

Perdoceo Education (NASDAQ:PRDO - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.65 by $0.02. Perdoceo Education had a return on equity of 17.13% and a net margin of 20.09%.The business had revenue of $209.58 million for the quarter, compared to the consensus estimate of $206.92 million. During the same period last year, the business posted $0.60 EPS. The company's revenue was up 25.7% compared to the same quarter last year. Perdoceo Education has set its Q3 2025 guidance at 0.600-0.620 EPS. FY 2025 guidance at 2.480-2.550 EPS. Research analysts anticipate that Perdoceo Education Corporation will post 2.41 earnings per share for the current fiscal year.

Perdoceo Education Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, September 2nd. This is a positive change from Perdoceo Education's previous quarterly dividend of $0.13. Perdoceo Education's payout ratio is currently 25.97%.

Insider Activity

In other news, Chairman Gregory L. Jackson sold 16,561 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $33.51, for a total transaction of $554,959.11. Following the transaction, the chairman directly owned 60,962 shares of the company's stock, valued at $2,042,836.62. This represents a 21.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Greg E. Jansen sold 30,234 shares of the stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $33.00, for a total value of $997,722.00. Following the transaction, the senior vice president directly owned 96,279 shares in the company, valued at $3,177,207. The trade was a 23.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 104,444 shares of company stock valued at $3,330,728 in the last ninety days. 2.11% of the stock is currently owned by company insiders.

Perdoceo Education Company Profile

Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. It operates in two segments, Colorado Technical University and The American InterContinental University System. The Colorado Technical University segment offers academic programs, such as business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice.

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