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Ashish R. Ghia, the Chief Financial Officer of Perdoceo Education Corp (NASDAQ:PRDO), a $1.71 billion market cap education company with impressive gross profit margins of 83.5% and strong financial health according to InvestingPro analysis, recently sold a significant portion of the company’s stock. According to a recent SEC filing, Ghia sold a total of 35,677 shares on April 1, 2025. The shares were sold at prices ranging from $25.75 to $26.00, totaling approximately $921,660. The transaction comes as the stock trades near its InvestingPro Fair Value, having delivered an impressive 51.7% return over the past year. For deeper insights into PRDO’s valuation and 8 additional key ProTips, check out the comprehensive InvestingPro Research Report.
These transactions were conducted under a Rule 10b5-1 trading plan, which Ghia adopted on November 15, 2024. Following the sales, Ghia retains 204,477 shares, which include 121,215 unvested restricted stock units. These units are part of Perdoceo’s 2016 Incentive Compensation Plan, granting the right to receive shares of the company’s common stock upon vesting. The company maintains a healthy P/E ratio of 11.5x and has demonstrated strong operational efficiency with a return on equity of 16%.
In other recent news, Perdoceo Education Corp. reported impressive financial results for the fourth quarter of 2024, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $0.50, which was notably higher than the projected $0.42, and revenue reached $176.43 million, exceeding the anticipated $159.8 million. For the full year, Perdoceo’s adjusted EPS increased to $2.29 from $2.10, despite a slight decline in full-year revenue from $710 million to $671.2 million. The company also announced the acquisition of the University of St. Augustine for Health Sciences, which is anticipated to enhance its performance in 2025.
In a separate development, Perdoceo Education disclosed changes to its executive compensation structure, including a 6.25% salary increase for CEO Todd Nelson and a 20% increase in long-term incentive targets for CFO Ashish Ghia. These adjustments are part of the 2025 Annual Incentive Plan, which ties executive compensation to company-wide adjusted operating income and individual performance goals. Analysts have noted that Perdoceo’s strategic initiatives and acquisitions are expected to drive future growth, as highlighted by the company’s projected 2025 adjusted operating income of $215 million to $235 million. The company remains focused on improving student retention and engagement, which have reached multi-year highs.
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