Inspire Investing LLC Invests $878,000 in Perdoceo Education Corporation $PRDO

Key Points

• Inspire Investing LLC invested approximately $878,000 in Perdoceo Education Corporation by acquiring 26,862 shares, as reported in its recent Form 13F filing.
• Perdoceo Education has declared a quarterly dividend increase to $0.15, raising its annualized dividend yield to 1.7% with a dividend payout ratio of 25.97%.
• Analysts have shown a positive outlook on Perdoceo Education, with Barrington Research increasing its price target from $40.00 to $42.00 and a consensus "Buy" rating across multiple analysts.

Inspire Investing LLC acquired a new position in Perdoceo Education Corporation (NASDAQ:PRDO - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 26,862 shares of the company's stock, valued at approximately $878,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PRDO. GAMMA Investing LLC lifted its position in Perdoceo Education by 5,773.0% during the 1st quarter. GAMMA Investing LLC now owns 22,435 shares of the company's stock worth $565,000 after acquiring an additional 22,053 shares during the period. SG Americas Securities LLC acquired a new stake in Perdoceo Education during the 1st quarter worth about $464,000. Allspring Global Investments Holdings LLC lifted its position in Perdoceo Education by 9.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 36,424 shares of the company's stock worth $951,000 after acquiring an additional 3,095 shares during the period. Principal Financial Group Inc. lifted its position in Perdoceo Education by 2.7% during the 1st quarter. Principal Financial Group Inc. now owns 327,431 shares of the company's stock worth $8,245,000 after acquiring an additional 8,468 shares during the period. Finally, Calamos Advisors LLC acquired a new stake in Perdoceo Education during the 1st quarter worth about $437,000. Institutional investors and hedge funds own 93.46% of the company's stock.

Insider Transactions at Perdoceo Education

In related news, SVP Elise Baskel sold 21,212 shares of Perdoceo Education stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $35.00, for a total value of $742,420.00. Following the completion of the transaction, the senior vice president owned 72,142 shares in the company, valued at $2,524,970. The trade was a 22.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Todd S. Nelson sold 40,000 shares of Perdoceo Education stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $35.17, for a total value of $1,406,800.00. Following the completion of the transaction, the chief executive officer owned 524,047 shares of the company's stock, valued at approximately $18,430,732.99. This represents a 7.09% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 205,656 shares of company stock worth $6,871,148 over the last quarter. Company insiders own 2.11% of the company's stock.

Perdoceo Education Stock Performance

Shares of PRDO stock opened at $34.62 on Monday. The stock has a market cap of $2.25 billion, a PE ratio of 14.99, a price-to-earnings-growth ratio of 0.92 and a beta of 0.88. The business has a 50-day simple moving average of $33.77 and a 200-day simple moving average of $30.97. The company has a quick ratio of 4.26, a current ratio of 4.27 and a debt-to-equity ratio of 0.01. Perdoceo Education Corporation has a 52-week low of $20.55 and a 52-week high of $38.02.

Perdoceo Education (NASDAQ:PRDO - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.67 earnings per share 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 firm had revenue of $209.58 million during the quarter, compared to analyst estimates of $206.92 million. During the same quarter in the previous year, the business earned $0.60 EPS. Perdoceo Education's revenue for the quarter 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. On average, equities analysts expect that Perdoceo Education Corporation will post 2.41 EPS for the current year.

Perdoceo Education Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Tuesday, September 2nd were paid a $0.15 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $0.60 annualized dividend and a dividend yield of 1.7%. This is a boost from Perdoceo Education's previous quarterly dividend of $0.13. Perdoceo Education's dividend payout ratio (DPR) is presently 25.97%.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Barrington Research lifted their price target on Perdoceo Education from $40.00 to $42.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 23rd. Weiss Ratings reissued a "buy (b)" rating on shares of Perdoceo Education in a report on Wednesday, October 8th. Finally, Wall Street Zen cut Perdoceo Education from a "strong-buy" rating to a "buy" rating in a report on Saturday. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $42.00.

About Perdoceo Education

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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