S&P 500 rises as health care, tech gain to overshadow Fed independence concerns
Julia A. Leeman, Senior Vice President of Campus Operations at Perdoceo Education Corp (NASDAQ:PRDO), recently sold 5,000 shares of the company’s common stock. The transaction, which took place on May 28, 2025, was executed at a price of $32.07 per share, resulting in a total sale value of $160,350. The stock has since climbed to $34.04, reflecting the company’s strong performance with a 47% return over the past year. According to InvestingPro analysis, PRDO is currently trading near its 52-week high, with the company showing impressive financial health metrics.
Following this transaction, Leeman holds 29,677 shares of Perdoceo Education common stock. This total includes 18,362 unvested restricted stock units awarded under the company’s 2016 Incentive Compensation Plan, each representing the right to receive one share of common stock. The company, currently valued at $2.23 billion, maintains strong fundamentals with exceptional gross profit margins exceeding 82%. For deeper insights into PRDO’s valuation and 12+ additional ProTips, check out the comprehensive analysis available on InvestingPro.
The sale was documented in a filing with the Securities and Exchange Commission, signed on May 30, 2025, by Jeff Wigfield under power of attorney for Leeman.
In other recent news, Perdoceo Education Corp reported impressive financial results for the first quarter of 2025, surpassing analyst expectations. The company achieved earnings per share (EPS) of $0.70, exceeding the anticipated $0.62. Revenue also outperformed forecasts, reaching $213 million compared to the projected $175 million. This robust performance was attributed to the acquisition of St. Augustine and organic growth at CTU, contributing to a 26.6% year-over-year revenue increase. Furthermore, Perdoceo maintained high student retention rates, which remained above 90%. In terms of strategic financial management, the company returned approximately $34.4 million to shareholders through dividends and stock repurchases. Looking ahead, Perdoceo provided an adjusted EPS guidance range of $2.40 to $2.56 for 2025, indicating continued confidence in its growth trajectory. Additionally, the company expects organic revenue and enrollment growth supported by new program offerings and technological investments.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.