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Ashish R. Ghia, the Chief Financial Officer of Perdoceo Education Corp (NASDAQ:PRDO), recently sold shares of the company’s common stock in two transactions. The sales, which were part of a pre-established trading plan, occurred on March 26 and March 28, 2025. The transaction comes as PRDO maintains strong financial health, with InvestingPro analysis showing impressive gross profit margins of 83.5% and a favorable P/E ratio of 11.3. Ghia sold a total of 11,976 shares, realizing a total value of $305,403. The shares were sold at prices ranging from $25.50 to $25.75 per share. Following these transactions, Ghia holds 240,154 shares in the company, including 121,215 unvested restricted stock units. The stock has shown strong momentum, delivering a 49% return over the past year. InvestingPro subscribers can access detailed insider trading patterns and 7 additional key insights about PRDO’s financial health and growth potential.
In other recent news, Perdoceo Education Corporation reported better-than-expected earnings for the fourth quarter of 2024. The company achieved an earnings per share of $0.50, surpassing the anticipated $0.42, with revenue reaching $176.43 million, exceeding the projected $159.8 million. Additionally, the full-year adjusted earnings per share increased to $2.29 from $2.10. The company also completed the acquisition of the University of St. Augustine for Health Sciences, which is expected to boost its performance in 2025. In terms of executive compensation, Perdoceo 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. Analyst firms have not recently upgraded or downgraded the stock, but the company’s strategic initiatives and acquisitions suggest a positive outlook. These developments provide insight into Perdoceo’s strategic direction and financial health.
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