SVP Kline John Robert sold 71,254 shares of PRDO at $31.75, reducing position by -48.4% to 75,868 shares held
Kline John Robert, SVP of AIU, executed a substantial sale of 71,254 shares (71.3K shares) at $31.75 on 2025-06-10, totaling $2,262,314.50 ($2.3M), which reduced his holdings from 147,122 shares to 75,868 shares—a -48.4% reduction in position size. The sale occurred at a price -6.5% from the 52-week high of $34.10, while the stock has risen 29.6% over the preceding 90 days and 1.8% over the preceding 30 days, placing the transaction within a period of positive momentum. The company's fundamental backdrop shows net income of $43.7M on $213.0M in quarterly revenue, though annual revenue growth is negative at -4.0%, and the valuation at P/E 13.74 remains moderate, suggesting the sale was not a response to valuation distress or immediate earnings deterioration.