American Century Companies Boosts Stake in Perdoceo Education

Investment firm increases holdings in for-profit education provider by 1.6%

Published on Mar. 5, 2026

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American Century Companies Inc. has increased its stake in Perdoceo Education Corporation (NASDAQ:PRDO) by 1.6% in the third quarter, according to a recent SEC filing. The investment firm now owns 1,850,189 shares of the company's stock, representing 2.88% ownership.

Why it matters

Perdoceo Education, which operates the Colorado Technical University and American InterContinental University brands, has seen increased institutional investor interest as the for-profit education sector continues to evolve. American Century's increased stake signals confidence in Perdoceo's growth potential.

The details

According to the SEC filing, American Century Companies acquired an additional 29,927 shares of Perdoceo Education during the third quarter, bringing its total holdings to 1,850,189 shares. This represents a 1.6% increase in the firm's stake in the company.

  • American Century Companies increased its Perdoceo Education holdings in the third quarter of 2026.

The players

American Century Companies Inc.

An investment management firm that provides a variety of mutual funds, exchange-traded funds, and other investment products.

Perdoceo Education Corporation

A for-profit postsecondary education provider that operates the Colorado Technical University and American InterContinental University brands.

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The takeaway

The increased investment from American Century Companies reflects the ongoing evolution and investor interest in the for-profit education sector, particularly in companies like Perdoceo Education that are diversifying their program offerings and delivery methods to meet the needs of working adult students.