The insider sales are immaterial in size and follow strong earnings — no bearish read-through. Monitor for any larger-scale selling by C-suite executives in the next 30 days, but this cluster is consistent with normal post-earnings diversification.
Price Chart
Executive Summary
Two PRDO insiders sold a total of $529K in open-market shares within a week of the company reporting strong Q1 2026 earnings that beat consensus and raised full-year guidance. The sales are modest relative to the $2.2B market cap (0.024%) and likely reflect routine portfolio diversification following a 22% operating income surge and raised guidance, not a bearish signal.
Key Financial Metrics
Key Facts
- Principal Accounting Officer Michele Peppers sold 14,000 shares for $483K on 2026-05-13
- SVP Julia Leeman sold 11,315 shares for $402K on 2026-05-12
- Director Patrick Gross sold 3,647 shares for $128K on 2026-05-12, also exercised derivatives for $126K (non-cash)
- Total open-market sales: $1.01M (0.046% of $2.2B market cap)
- Q1 2026 EPS of $0.85 beat $0.84 consensus; revenue of $221.7M beat $218.4M consensus (+4.1% YoY)
- FY2026 EPS guidance raised to $2.86-$2.97, implying 18-23% growth over FY2025
Financial Impact
Total insider sales of $1.01M represent 0.046% of market cap — trivial and routine
Risk Factors
- Insider sales could accelerate if stock continues to rise post-earnings
- No C-suite (CEO/CFO) selling in this cluster — signal is weak
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PRDO-1778709639091 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 6w ago | 8-K | $33.06 $33.73 | ▲ +2.03% | ▼ −0.24% | $32.92 (−0.44%) |
Aug 6, 2026 11w ago | 8-K | $33.85 $33.20 | ▼ −1.92% | ▼ −1.52% | $32.92 (−2.76%) |
May 27, 2026 21w ago | 8-K | $33.09 $33.33 | ▲ +0.73% | ▲ +3.87% | $32.92 (−0.53%) |
May 12, 2026 24w ago | Insider Cluster | $35.12 $35.22 | ▲ +0.28% | ▲ +2.01% | $32.92 (−6.28%) |
May 7, 2026 24w ago | 8-K | $36.04 $34.27 | ▼ −4.91% | ▼ −4.93% | $32.92 (−8.67%) |
Mar 18, 2026 31w ago | Insider Cluster | $34.28 $35.47 | ▼ −3.47% | ▲ +2.58% | $32.92 (+3.98%) |
Mar 13, 2026 32w ago | Insider Cluster | $34.67 $35.03 | ▼ −1.04% | ▲ +2.76% | $32.92 (+5.06%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers