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Elise Baskel, SVP at Perdoceo Education Corp (NASDAQ:PRDO), sold 21,212 shares of common stock at a price of $35.00 on September 12, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The total value of the transaction amounted to $742,420. The sale comes as PRDO trades near its 52-week high of $35.40, with the stock showing impressive momentum, having gained 61% over the past year. According to InvestingPro analysis, the company maintains excellent financial health with an impressive gross profit margin of 81%.
Following the transaction, Baskel directly owns 72,142 shares of Perdoceo Education.
The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by Baskel on May 15, 2025.
In other recent news, Perdoceo Education Corp reported better-than-expected financial results for the second quarter of 2025. The company achieved earnings per share of $0.67, which surpassed analyst forecasts of $0.60. Revenue for the quarter was $209.6 million, slightly exceeding the projected $206.92 million. These results indicate a positive performance for the company during this period. Analysts have not provided any recent upgrades or downgrades for the company. There were no announcements regarding mergers or acquisitions. These developments highlight Perdoceo Education’s ability to exceed market expectations.
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