70,932 Shares in Perdoceo Education Corporation $PRDO Acquired by Deutsche Bank AG

Key Points

• Deutsche Bank acquired 70,932 shares of Perdoceo Education in the second quarter, worth approximately $2.27 million. Institutional investors collectively own 93.46% of the company.
• Perdoceo reported quarterly EPS of $0.80, matching estimates, while revenue rose 1.8% year over year to $213.35 million. The company guided to fiscal 2026 EPS of $3.10–$3.16.
• The company increased its quarterly dividend to $0.17 per share, equivalent to a 2.0% annual yield. Analysts maintain a “Moderate Buy” consensus with a $44 price target, although two insiders recently sold shares.

Deutsche Bank AG acquired a new stake in shares of Perdoceo Education Corporation (NASDAQ:PRDO - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 70,932 shares of the company's stock, valued at approximately $2,270,000. Deutsche Bank AG owned approximately 0.11% of Perdoceo Education as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of PRDO. Fifth Third Bancorp boosted its stake in Perdoceo Education by 108.2% in the 4th 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 increased its stake in Perdoceo Education by 34.6% during the 4th quarter. IFP Advisors Inc now owns 1,363 shares of the company's stock valued at $40,000 after purchasing an additional 350 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in Perdoceo Education by 48.8% during 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 in the last quarter. Mcguire Capital Advisors Inc. purchased a new position in Perdoceo Education in the fourth quarter worth about $69,000. Finally, Meeder Asset Management Inc. purchased a new position in Perdoceo Education in the first quarter worth about $83,000. 93.46% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Perdoceo Education

In other Perdoceo Education news, Chairman Gregory L. Jackson sold 11,271 shares of the stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $31.78, for a total value of $358,192.38. Following the transaction, the chairman owned 64,949 shares of the company's stock, valued at approximately $2,064,079.22. This represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kenda B. Gonzales sold 9,308 shares of the firm's stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $34.79, for a total value of $323,825.32. Following the completion of the transaction, the director directly owned 48,158 shares in the company, valued at $1,675,416.82. The trade was a 16.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.46% of the company's stock.

Perdoceo Education Stock Up 1.0%

Shares of PRDO stock opened at $33.81 on Friday. The company has a 50 day moving average price of $32.86 and a 200-day moving average price of $33.81. Perdoceo Education Corporation has a 52 week low of $26.66 and a 52 week high of $38.50. The firm has a market capitalization of $2.12 billion, a PE ratio of 12.34, a P/E/G ratio of 0.71 and a beta of 0.71.

Perdoceo Education (NASDAQ:PRDO - Get Free Report) last issued its 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. Perdoceo Education had a net margin of 20.62% and a return on equity of 18.93%. The company had revenue of $213.35 million for the quarter, compared to analysts' expectations of $212.50 million. During the same quarter last year, the company posted $0.67 earnings per share. The firm's quarterly revenue was up 1.8% on a year-over-year basis. 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. Analysts anticipate that Perdoceo Education Corporation will post 3.13 earnings per share for the current year.

Perdoceo Education Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Tuesday, September 1st will be paid a $0.17 dividend. This is an increase from Perdoceo Education's previous quarterly dividend of $0.15. The ex-dividend date is Tuesday, September 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.0%. Perdoceo Education's dividend payout ratio (DPR) is 21.90%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on PRDO. Weiss Ratings reiterated a "buy (b)" rating on shares of Perdoceo Education in a report on Friday, July 17th. Wall Street Zen cut Perdoceo Education from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Finally, Barrington Research set a $44.00 target price on Perdoceo Education in a research note on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $44.00.

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.

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