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Perdoceo Education Corp (NASDAQ:PRDO) Chief Financial Officer Ashish R. Ghia recently executed a significant stock transaction. On March 24, 2025, Ghia sold 6,236 shares of Perdoceo Education common stock at a price of $25 per share, totaling $155,900. This sale was conducted under a Rule 10b5-1 trading plan that Ghia adopted on November 15, 2024. The transaction comes as the company maintains strong financial health, with InvestingPro data showing an impressive 83.5% gross profit margin and a 45.3% stock return over the past year.
In addition to the sale, Ghia exercised options to acquire 6,236 shares of common stock at a price of $13.80 per share, amounting to a total acquisition cost of $86,056. Following these transactions, Ghia’s direct ownership stands at 252,130 shares, which includes 121,215 unvested restricted stock units. These units were granted under the company’s 2016 Incentive Compensation Plan, each representing the right to receive one share of Perdoceo’s common stock. According to InvestingPro analysis, the company appears slightly undervalued at current levels, with a P/E ratio of 11.2 and strong liquidity indicated by a current ratio of 4.8.
Perdoceo Education Corp, formerly known as Career Education Corp, is based in Schaumburg, Illinois, and operates in the educational services sector. For detailed insights into Perdoceo’s financial health and growth prospects, investors can access comprehensive analysis and 7 additional ProTips through InvestingPro’s exclusive research report.
In other recent news, Perdoceo Education Corporation reported stronger-than-expected financial results for the fourth quarter of 2024. The company posted an earnings per share (EPS) of $0.50, surpassing analysts’ projections of $0.42, and recorded revenue of $176.43 million, exceeding the forecasted $159.8 million. Additionally, Perdoceo’s full-year adjusted EPS rose to $2.29 from $2.10. The company has also completed the acquisition of the University of St. Augustine for Health Sciences, which is anticipated to enhance its performance in 2025. Perdoceo Education expects the acquisition to be accretive to its operating income in the coming year. In terms of executive compensation, the company announced adjustments, including a 6.25% salary increase for CEO Todd Nelson and a 20% increase in long-term incentive targets for CFO Ashish Ghia. These developments reflect Perdoceo’s strategic initiatives aimed at driving growth and aligning executive incentives with corporate performance. Looking ahead, Perdoceo projects an adjusted operating income of $215 million to $235 million for 2025, with an EPS range of $2.31 to $2.51, as it continues to focus on student retention and engagement.
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