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Schaumburg Today
By the People, for the People
Clark Capital Management Group Boosts Perdoceo Education Stake
Investment firm increases holding in for-profit education company by 67.1%
Mar. 16, 2026 at 9:09am
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Clark Capital Management Group Inc. increased its stake in Perdoceo Education Corporation (NASDAQ:PRDO) by 67.1% in the third quarter, according to a recent SEC filing. The firm now owns 331,710 shares of the company's stock, worth approximately $12.49 million.
Why it matters
Perdoceo Education, which operates the Colorado Technical University and American InterContinental University brands, has seen growing institutional investor interest as the for-profit education sector continues to evolve. Clark Capital's increased stake suggests confidence in the company's performance and future prospects.
The details
According to the filing, Clark Capital Management Group purchased an additional 133,233 shares of Perdoceo Education during the third quarter, bringing its total holding to 331,710 shares. This represents a 67.1% increase in the firm's position. Perdoceo Education is a for-profit post-secondary education provider offering certificate, associate, bachelor's and master's degree programs, primarily through online and campus-based offerings.
- Clark Capital Management Group increased its Perdoceo Education stake in the third quarter of 2026.
The players
Clark Capital Management Group Inc.
An investment management firm that increased its stake in Perdoceo Education Corporation.
Perdoceo Education Corporation
A for-profit post-secondary education provider operating the Colorado Technical University and American InterContinental University brands.
The takeaway
Clark Capital Management Group's increased investment in Perdoceo Education reflects growing institutional confidence in the for-profit education sector and the company's performance. As the industry continues to evolve, Perdoceo's ability to attract major investors suggests it is well-positioned to navigate the changing landscape.
