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Todd S. Nelson, President and CEO of Perdoceo Education Corp (NASDAQ:PRDO), sold 120,000 shares of common stock between September 15 and September 17, 2025, for a total of $4.18 million. The sale comes as the company’s stock trades near its 52-week high of $35.63, having delivered impressive returns of 64% over the past year.
The sales, executed in three separate transactions, were carried out at prices ranging from $34.57 to $35.17. Specifically, on September 15, Nelson sold 40,000 shares at a weighted average price of $34.78; on September 16, another 40,000 shares were sold at an average price of $34.57; and on September 17, a final batch of 40,000 shares were sold at an average price of $35.17. According to InvestingPro analysis, the stock appears slightly overvalued at current levels, despite the company’s "GREAT" financial health rating.
Following these transactions, Nelson directly owns 524,047 shares of Perdoceo Education Corp. The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 29, 2025. With a market capitalization of $2.29 billion, Perdoceo maintains strong fundamentals, and InvestingPro subscribers can access 14 additional key insights about the company’s performance and valuation metrics.
In other recent news, Perdoceo Education Corp reported impressive financial results for the second quarter of 2025. The company achieved earnings per share of $0.67, exceeding analysts’ expectations of $0.60. Additionally, Perdoceo’s revenue reached $209.6 million, slightly surpassing the anticipated $206.92 million. These stronger-than-expected results highlight the company’s solid performance in the quarter. The positive earnings and revenue figures are likely to be well-received by investors. Analysts’ projections had set a lower benchmark, which Perdoceo managed to exceed, indicating effective strategic initiatives. Such developments are crucial for investors keeping an eye on the company’s financial health.
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