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SCHAUMBURG, IL—Elise Baskel, Senior Vice President at Perdoceo Education Corp (NASDAQ:PRDO), a $1.6 billion market cap education company with impressive 83.5% gross profit margins, recently sold shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. InvestingPro analysis shows the company maintains a "GREAT" financial health score. The transaction, which took place on March 19, 2025, involved the sale of 17,818 shares at an average price of $24.16 per share, totaling approximately $430,482.
Following the sale, Baskel holds 93,354 shares, which includes 72,142 unvested restricted stock units. These sales were conducted under a pre-established Rule 10b5-1 trading plan, which was adopted on August 5, 2024.
In other recent news, Perdoceo Education Corp reported impressive financial results for the fourth quarter of 2024, exceeding analysts’ expectations. The company achieved an earnings per share (EPS) of $0.50, surpassing the forecasted $0.42, and generated revenue of $176.43 million, which was higher than the anticipated $159.8 million. Additionally, Perdoceo Education’s full-year adjusted EPS rose to $2.29 from $2.10, indicating a strong financial performance throughout the year. The acquisition of the University of St. Augustine for Health Sciences is expected to positively impact the company’s performance in 2025.
Furthermore, Perdoceo Education has made adjustments to its executive compensation structure, as disclosed in a recent SEC filing. The 2025 Annual Incentive Plan emphasizes company-wide adjusted operating income and individual performance goals for senior-level participants. Key executives, including CEO Todd Nelson and CFO Ashish Ghia, will see increases in their compensation packages.
Analyst firms have noted these developments, with the acquisition and financial results likely to influence future assessments of the company. Investors will be watching how these changes and strategic moves contribute to Perdoceo Education’s growth and operational efficiency in the coming year.
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