Perdoceo Education Corp (PRDO) has announced that Director, Gregory L. Jackson, has made several transactions involving the company's shares. On August 25, 2025, Jackson acquired 16,561 shares at a price of $5.96 per share and simultaneously sold an identical number of shares at $33.51 per share. On August 27, 2025, he purchased 4,568 shares at $5.96 per share and subsequently sold an equal amount at $32.50 per share.
Perdoceo Education Corp (PRDO) has seen significant share transactions by Director Gregory L. Jackson in the recent past. On August 25, 2025, Jackson acquired 16,561 shares at $5.96 per share and simultaneously sold an identical number of shares at $33.51 per share. On August 27, 2025, he purchased 4,568 shares at $5.96 per share and subsequently sold an equal amount at $32.50 per share.
These transactions, totaling $1,020,439.68 in value, raise questions about Jackson's investment strategy and market outlook. The acquisition of shares at a lower price and subsequent sale at a higher price suggests a potential profit-taking strategy or a belief in the company's future performance.
Jackson's actions come amidst a period of institutional interest in Perdoceo Education. Virtus Advisers LLC, for instance, purchased 18,948 shares valued at approximately $477,000 in the first quarter [1]. Additionally, other large investors like AlphaQuest LLC and SummerHaven Investment Management LLC have also increased their holdings in the company [1].
Perdoceo Education has shown strong financial performance, with earnings per share (EPS) of $0.67 for the quarter, beating analysts' consensus estimates by $0.02 [1]. The company also announced a quarterly dividend of $0.15, representing a $0.60 annualized dividend and a dividend yield of 1.8% [1].
Despite the positive indicators, Jackson's transactions should be closely watched by investors. The transactions could signal a change in the company's outlook or a personal strategy by the director. Further analysis of the company's financial health and market trends will be crucial for investors to make informed decisions.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-18948-shares-in-perdoceo-education-corporation-prdo-purchased-by-virtus-advisers-llc-2025-08-25/
[2] https://www.tradingview.com/news/tradingview:c55a292783ba5:0-perdoceo-education-corp-officer-sells-shares/
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