Who Owns Perdoceo Education Company?

Perdoceo Education Bundle

Get Bundle
Get Full Bundle:
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10

TOTAL:

Who Really Owns Perdoceo Education?

Unraveling the ownership structure of a company is like peering into its very soul, revealing its strategic heart and future aspirations. Understanding the Perdoceo Education SWOT Analysis is crucial for any investor or stakeholder. This is especially true for Perdoceo Education, a key player in the for-profit education sector. The evolution of its ownership tells a compelling story of adaptation and ambition.

Who Owns Perdoceo Education Company?

From its roots as Career Education Corporation to its current form, the Perdoceo ownership has undergone significant shifts, impacting its operational strategies and financial performance. This exploration will delve into the Perdoceo parent company landscape, examining the influence of institutional and individual investors, and the implications for the company's future. Discover the answers to questions like: Is Perdoceo Education publicly traded? What schools does Perdoceo Education own? And, how does this ownership structure shape its mission and its relationship with the Department of Education?

Who Founded Perdoceo Education?

Perdoceo Education Corporation, initially known as Career Education Corporation (CEC), was established in 1994. The founder, John M. Larson, played a pivotal role as the company's president and CEO until 2006. Under Larson's leadership, CEC expanded significantly, focusing on providing career-oriented postsecondary education.

The company's early strategy involved acquiring and managing colleges and universities. This approach fueled rapid growth, transforming CEC into a prominent player in the for-profit education sector. The company's initial public offering (IPO) in 1998 marked a significant milestone, shifting from private to public ownership and broadening its shareholder base.

The IPO on NASDAQ in 1998 raised approximately $60 million, with an offering price of $16.00 per share. While the exact initial equity split among founders isn't readily available, the IPO introduced a wider range of investors. Early growth was driven by strategic acquisitions, such as the University of St. Augustine for Health Sciences in December 2024, Colorado Technical University in 1999, and American InterContinental University in 2001. This acquisition strategy, implemented under Larson's guidance, shaped the early ownership structure by incorporating various educational institutions under the CEC umbrella. The company's focus on acquisitions and its IPO laid the foundation for its evolution into what is now known as Perdoceo Education.

Icon

Key Milestones in Perdoceo Education's History

Perdoceo Education's journey began with its founding as Career Education Corporation (CEC) in 1994 by John M. Larson. The company's IPO in 1998 marked a transition to public ownership, raising about $60 million. The company's growth strategy included acquiring institutions such as the University of St. Augustine for Health Sciences in December 2024, Colorado Technical University, and American InterContinental University.

  • 1994: Career Education Corporation (CEC) founded.
  • 1998: CEC goes public via IPO.
  • 2024: Acquisition of the University of St. Augustine for Health Sciences.
  • Early acquisitions expanded the portfolio of schools under the Perdoceo Education's umbrella.

Perdoceo Education SWOT Analysis

  • Complete SWOT Breakdown
  • Fully Customizable
  • Editable in Excel & Word
  • Professional Formatting
  • Investor-Ready Format
Get Related Template

How Has Perdoceo Education’s Ownership Changed Over Time?

Perdoceo Education Corporation, formerly known as Career Education Corporation, has seen its ownership structure evolve significantly since its initial public offering (IPO) in 1998, when it raised approximately $60 million on NASDAQ. As of June 2025, Perdoceo Education has a market capitalization of around $2.11 billion, indicating substantial growth and changes in shareholder value over time. The company's journey from its IPO to its current market position reflects strategic decisions and market dynamics that have shaped its ownership landscape.

The ownership of Perdoceo Education is a mix of institutional, retail, and individual investors. Institutional investors hold a significant portion of the shares, at approximately 69.80%. Insiders own around 2.89% of the stock, while public companies and individual investors hold the remaining 27.31%. This distribution highlights the influence of institutional investors on the company's strategic direction and financial performance. The institutional shareholding trend has shown an increase of 0.7177% as of May 2025, indicating growing confidence from major investment firms.

Shareholder Approximate Percentage of Shares Held (as of early 2025) Type of Investor
BlackRock, Inc. Data not available Institutional
Dimensional Fund Advisors L.P. Data not available Institutional
The Vanguard Group, Inc. 5.78% Institutional
Renaissance Technologies LLC Data not available Institutional
iShares 10.98% Institutional
First Trust 4.54% Institutional

Key events have altered the ownership structure of Perdoceo Education. For instance, the integration of Trident University International into AIU in 2020, and the acquisition of the University of St. Augustine for Health Sciences (USAHS) for approximately $142 million to $144 million in cash, completed in December 2024, have impacted the company's financial standing and shareholder value. These acquisitions, along with other strategic moves, have influenced the distribution of shares and the overall ownership composition of Perdoceo Education.

Icon

Key Takeaways on Perdoceo Ownership

Perdoceo Education's ownership is primarily held by institutional investors, reflecting their significant influence on the company's strategy.

  • Institutional investors hold approximately 69.80% of the company's stock.
  • The company's market capitalization is approximately $2.11 billion as of June 2025.
  • Strategic acquisitions, like the USAHS purchase in late 2024, have shaped the ownership structure.
  • The institutional shareholding trend has shown an increase of 0.7177% as of May 2025.

Perdoceo Education PESTLE Analysis

  • Covers All 6 PESTLE Categories
  • No Research Needed – Save Hours of Work
  • Built by Experts, Trusted by Consultants
  • Instant Download, Ready to Use
  • 100% Editable, Fully Customizable
Get Related Template

Who Sits on Perdoceo Education’s Board?

The Board of Directors at Perdoceo Education Corporation is key to its governance and strategic direction. The board includes individuals like President and CEO, Todd S. Nelson, along with other key executives. Other insiders include Ashish R. Ghia (Senior VP, Treasurer & CFO), Greg E. Jansen (Senior VP, General Counsel & Corporate Secretary), John R. Kline (Senior Vice President of American InterContinental University System), and Elise L. Baskel (Senior Vice President of Colorado Technical University). Understanding the composition of the board is vital for investors looking at the long-term strategy and leadership of the company.

As a publicly traded company, Perdoceo Education operates with a standard one-share-one-vote structure for its common stock. This structure is typical for most public companies. As of February 11, 2025, the company had 65,914,275 shares of common stock outstanding. The voting power is distributed among the shareholders based on their share ownership, with no special voting rights or founder shares explicitly mentioned in the available information. This structure is important for understanding how decisions are made within the company and the influence of different shareholder groups. For more information on the company's target market, see Target Market of Perdoceo Education.

Insider Transaction Type Date Shares Sold
Todd S. Nelson Sale March 2025 38,984
Ashish R. Ghia Sale Early 2025 Data Not Available
John Robert Kline Sale June 2024 71,254
Michele A. Peppers Sale Late 2024 Data Not Available

Recent insider trading activities at Perdoceo Education Corporation show that several insiders have sold shares. For example, John Robert Kline sold 71,254 shares in June 2024, and Todd S. Nelson sold 38,984 shares in March 2025. These sales, along with others, represent a collective insider selling of over $13 million in the last 24 months. While such actions are common, significant insider selling can sometimes lead investors to question the leadership's confidence in future performance. There is no information provided about recent proxy battles, activist investor campaigns, or governance controversies related to Perdoceo Education.

Icon

Key Takeaways

Understanding the board of directors and voting structure is crucial for investors interested in Perdoceo Education. The company operates with a standard one-share-one-vote system, with a board composed of key executives.

  • The board includes the President and CEO, along with other key executives.
  • Insider selling activity has been observed, which may be of interest to investors.
  • Perdoceo Education's structure is typical for a publicly traded education company.
  • The company's financial performance and stock price are key indicators for investors.

Perdoceo Education Business Model Canvas

  • Complete 9-Block Business Model Canvas
  • Effortlessly Communicate Your Business Strategy
  • Investor-Ready BMC Format
  • 100% Editable and Customizable
  • Clear and Structured Layout
Get Related Template

What Recent Changes Have Shaped Perdoceo Education’s Ownership Landscape?

Over the past few years, Perdoceo Education has undergone significant changes, particularly in its structure and strategic direction. A notable shift was the rebranding from Career Education Corporation to Perdoceo Education Corporation in January 2020. This change reflected the company's increasing focus on online education. Further expanding its online presence, Perdoceo acquired Trident University International in 2020, integrating it into the American InterContinental University System. More recently, in December 2024, Perdoceo finalized the acquisition of the University of St. Augustine for Health Sciences (USAHS) for around $142 million to $144 million in cash. This acquisition is expected to boost adjusted operating income starting in 2025.

In terms of capital allocation and ownership trends, Perdoceo has been active in returning cash to its shareholders. During the first quarter of 2025, the company repurchased just under 1.0 million shares of its common stock for $25.2 million. Approximately $21.9 million remained available under its authorized stock repurchase program, which is set to expire in September 2025. Additionally, the company declared a quarterly dividend of $0.13 per share, paid in June 2025, signaling a commitment to increasing shareholder returns. These actions, including share buybacks and dividends, suggest a financially stable company that generates robust cash flow. If you're interested in a Brief History of Perdoceo Education, it can provide additional context.

Institutional ownership continues to be a major factor, with approximately 69.80% of the company's stock held by institutional investors, according to recent data. This level of institutional ownership is common for established public companies within the industry. Insider selling has occurred recently, with various executives selling shares in late 2024 and early 2025. While there are no public announcements about potential privatization or further public listings, the company anticipates higher full-year revenue for 2025, mainly due to the USAHS acquisition and organic growth in its core universities. This indicates a strategic focus on long-term value creation.

Icon Perdoceo Education

Perdoceo Education Corporation, formerly Career Education Corporation, has been strategically expanding its online and physical presence.

Icon Ownership Trends

Institutional ownership is significant, and the company is actively returning capital to shareholders through share buybacks and dividends.

Icon Financial Performance

The company anticipates increased revenue in 2025, driven by acquisitions and organic growth within its core universities.

Icon Future Outlook

The company's focus on strategic acquisitions and shareholder returns points to a strategy aimed at long-term value creation.

Perdoceo Education Porter's Five Forces Analysis

  • Covers All 5 Competitive Forces in Detail
  • Structured for Consultants, Students, and Founders
  • 100% Editable in Microsoft Word & Excel
  • Instant Digital Download – Use Immediately
  • Compatible with Mac & PC – Fully Unlocked
Get Related Template

Related Blogs

Data Sources

Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.